every small business struggles business challenges

 Starting a small business comes with many perks. From the freedom to create your schedule to the possibility of earning more than you might have at your day job, becoming an owner opens up possibilities that just aren’t available when you’re working for someone else.

However, all of those benefits come with responsibilities and new challenges that you may not have had at your 9-to-5. We asked our entrepreneurs about the most common challenges they face when running their businesses and have put together some useful tips to help you overcome them.

What makes being an entrepreneur challenging?

As rewarding as entrepreneurship can be, it also comes with some unique challenges that you’re unlikely to face working for an employer. Entrepreneurs are ultimately responsible for everything that goes into making a business flourish, including marketing, sales, hiring, quality control, budgeting, and customer service.

They also face the challenge of starting a new project from the ground up. While established businesses have momentum in the form of existing clients and earned trust, new businesses have to work hard to establish themselves.

While you can’t predict every difficulty that will come up in your business journey, being prepared for common challenges can help you set up a plan for dealing with them. That’s why thinking about the following challenges in relation to your business can save you time, effort, and money in the long run.

business challenges every small business struggles with (and how to fix them)

Regardless of what field you’re in, there are common challenges many small business owners struggle with. By knowing what they are, you can do your best to plan for them and navigate obstacles as smoothly as possible.

1. Finding your first customer

2. Increasing brand awareness

3. Maintaining quality as you grow your business

4. Lead generation

5. Delighting your customers

6. Hiring talented people

7. Managing a busy workflow

8. Managing money

9. Scaling your business

Every business starts somewhere, and many of these challenges are familiar to all entrepreneurs. Navigating them successfully requires planning and research specific to your business sector. But if you can successfully manage these common challenges, you’ll be well on your way to becoming a great business leader.