(i) Favourable government policies and support that encourages entrepreneurs.
(ii) Availability of market due to high population.
(iii) Proper pricing of products which increases sales.
(iv) Appropriate products for the intended market.
(v) Political stability and security.
(vi) Availability of credit at cheap interest rates.
(vii) Proper planning in marking.
(viii) Fair competition in the market and fair inputs.
(ix) Efficient management of the business.
(x) Availability of skilled manpower which leads to efficiency.
(xi) Use of modern technology that simplifies the activities.
maurice.mutuku answered the question on August 11, 2017 at 06:18
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