Cash Flow Management. The challenge: Cash flow is essential to small business survival, yet many entrepreneurs struggle to pay the bills (let alone themselves) while they're waiting for checks to arrive. ...
Hiring Employees. ...
Time Management. ...
Delegating Tasks. ...
Choosing What to Sell. ...
Marketing Strategy. ...
Capital. ...
Strapped Budget.
Financial Issues. The main challenge that all entrepreneurs face is to get their business funded. Older business owners have the advantages of a history of good credit and years of networking under their belt, making it easy to find investors and secure loans and contracts.