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-Inability to have proper records.
-Difficulty in accessing loans/credit facilities/limited capital
-Family may depend on business for personal needs/drawings
-Low profit margins.
-Credit sales may lead to bad debts
-High running costs
-Stiff competition
-Limited capital
-Limited market
-Inappropriate technology
gideon1 answered the question on October 14, 2017 at 09:50
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