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Challenges per Industry
What Industry / Category is your Business in? What are some challenges you're facing in the Business?
Information Technology

Clientelle Growth

Cosmetics

Scarcity of forex

Business and Legal consultancy

How to market it and get clients and how to grow it.

Media/Communication

Funding and resource mobilisation to sustain the business.

Competition and political intervention

Retail and Distribution

Staff pilfering, stiff competition,

Service Provider

Marketing

Electronics

Poeple resisting to believe online sells

Infrastructure development

- corruption tendencies I.e. potential clients especoally in public sector seeking personal compensation to award you a project.
- MRA delays in assessing and issuing Tax Clearance certificates thereby affecting business's eligibility to bid for projects.
- High fees for professional registrations.
- cost of bid submissions I.e. potential clients still demanding submission of several hardcopies of bid documents in the 21st century when one can submit electronically.
- potential clients specifying professions/qualifications that don't exist in a project Terms of Reference e.g. Electro-Mechanical engineer or Building Services engineer.
- for design and build projects, there is usually pressure from Team Leader ( Main Contractor) to tone down design specifications in order to reduce cost without regard to effect on structural integrity.
- delayed payments on most government projects.
- commitment of business partners in executing their responsibilities

Agriculture

Price escalation of farm inputs , pest and diseases ,and lack of a reliqble market

General trading

Escalating prices of inputs

Cosmetics, Beauty and self-care
Food

1. Lack of enough funding
2. Growing the business
3. Advertising strategy
4. Recovery from loss of capital

Financial Consultancy

Human resource capacity to assist me do the work that I do.

ICT

Corruption
Delay in receiving payment
Basket competition

Agriculture

Climate Change
Floods

General Trading

Market penetration, supervision

General

Reduced commissions in mobile money services
Theft

Construction

1. Late payments, especially Government projects.
2. Sketchy information from some clients.
3. Capitalisation of some projets that take time to be awarded after tenders are closed, without due consideration of changes in material prices.

Food

Taking things without paying 0

Retail and whole sales

Not enough capital, As a result expenditures becomes high when you go to order

Hospitality

- Rising ingredient prices

Construction

Getting clients
Finalizing certification with construction industry regulator

Hospitality

Unstable government policy
High cost of energy/electricity
High cost of doing business

Entertainment

Decrease in number of customers

Farming (Animal Husbandry)

Security
Death of pigs therefore business has been halted but plan is to restart primarily after securing a proper location

Food Industry

Revenue collection, Steady Cash Flow, and Supplies

Food

Sickness
Lack of capital

Food stuff

-lack of funds to grow my business

Food stuff(cooked)

-lack of funds to grow my business

Food

Lack of capital due to frequent withdrawal of funds from the business

Food stuff

-lack of funds to grow my business
-sometimes food is not bought by customers

Food stuff(selling fish)

-lack of funds to grow the business

Food stuff(samosa,zibwente,zitenje,pumpkins )

-lack of funds to grow my business
-sometimes the demand is low

Food stuff

- lack of funds for capital sometimes

Resources

Lack of capital

Food

Giving commodities without full payment
Unforseen changes in prices of commodities

General Trading

Dishonesty of employees

General Suppliers

Forex
Malawi economy has made sales to decrease

General Suppliers

Forex
Malawi economy has made sales to decrease

General Trading

lack of customers

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