Answer: Small businesses are newly created and running enterprises or those which have started using small funds.
Step-by-step explanation:
The collection and shortage of funds is an issue for small scale businesses.
The small scale businesses lack technology to run their daily activities like production, manufacturing, billing, and communication with clients.
Client retention and acquisition is an issue the clients do not show reliability on small scale businesses for obtaining goods and services.
Money management is poor.
Labor management is poor as low wage labor agitate to increment in their wages.