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Explain four challenges that self-employment faces.

      

Explain four challenges that self-employment faces.

  

Answers


gideon
What are some of Problems associated with self employment?.

-No sharing of losses
-Long working hours causing health related problems
-Less consultation may lead to wrong decision making
-One may be unable to employ individuals with the right competencies especially at entry
point of a business
-Little expansion of business due to lack of enough funds
-High competition which may lead to collapse of business
-Monotony which may lead to demoralization

OR


? Inadequate capital
? Insecurity
? Stiff-competition
? Inadequate skills/knowledge
? High taxation
? High interests/loan rates
? Dishonest employees.
gideon1 answered the question on September 25, 2017 at 16:35


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