Explain five challenges that may be experienced by a new entrepreneur who is intending to establish a business in Kenya.
Answer Text: -Inadequate capital/funds to sustain/run due to lack of collateral to meet the running cost-Inadequate skills to operate the business properly-Unfriendly or poor government policies such as high taxes which are unfavourable to the growth of the business-Inappropriate technology which may result in less quantity/poor quality products.-Inadequate market due to incomes of buyers being low and also due to cultural practices and behavior-Unfair competition from other businesses