- Areas of challenge to a small-business (there easily could be several more):
- Human resources related (skills, retirement, turnover)
- Related to competition (increased, unscrupulous, larger, e-commerce)
- pricing related (international, out of state, or new competitor based)
- Hindrances to growth (people, financing, competition)
- Services related (delivery, market constraints, inventory)
- Product related (product evolution, competitiveness or availability from manufacturer, or access issues)
- Asset or Financing related
- Inventory
- Legal, regulatory, or license related
- Section 1 – Past and Present Challenges Faced by the Entrepreneur
- Section 2 – Future Challenges that Could Affect the viability of the business
- Section 3 – Your conclusions and insights regarding the challenges this company may face in the future.