Tuesday, September 9, 2008

Challenges Women in Business Face!

Research shows that one of the primary challenge that women in business face is access to financial resources in order to grow their business. However, there are other issues that impede businesses of women. Some are:

  • Economics' access to funding through financial institutions

  • Inability to qualify or meet banking institutions' requirements

  • Having to hold two or more jobs to make money to manage their business

  • Children and other family responsibilities

  • Dealing with divorce and learning to be independent and financially independent

  • Dealing with the loss of a loved one, and learning to cope and develop a business at the same time

  • Finding an adequate location for one's business

  • Inability to pay for space rental

  • Dealing with health issues and managing a business

  • Developing a clientele

  • Developing reliable referrals

  • Education barriers

  • Insufficient training

  • Other barriers : You can add to the list

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