CHALLENGES OF MANUFACTURING BUSINESSES

9 CHALLENGES OF MANUFACTURING BUSINESSES

  • Insufficient capital there is lack of sufficient capital to procure/buy the required
    technology to improve on their operations.
  • Inadequate training services to provide entrepreneurs with facilities to enable them
    finance operations of the business.




  • Inadequate support services like roads, electricity which affects the operations of
    manufacturing businesses
  • Limited skilled manpower to operate and manage the technology which compels
    (forces) business to hire expensive foreign expatriates
  • Inadequate market to absorb even the little that is produced because people earn
    low incomes
  • Competition from imported manufactured products of high quality sold at lower
    prices
  • Unreliable sources of raw materials the supply of raw materials is not constant and
    unreliable which forces some business to operate seasonally.

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mwaikusa

IAM experienced geography teacher with more than three years of teaching and creating content related to geography and other subjects for both high school and college students. hope you will find the content of this website useful to your studies and daily life

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