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4 Major Roadblocks for Young Restaurant Entrepreneurs

4 Major Roadblocks for Young Restaurant Entrepreneurs

Submitted by • August 19, 2020 restaurantbusinessplanning.com

We have been doing a lot of research to find out the key factors that prevent young minds from taking the leap into the entrepreneurial pool and starting their own business. Barriers or obstacles in the business conditions can have a negative impact on young entrepreneurs, who generally lack experience and access to professional networks. Some of the socio-cultural aspects that limit young entrepreneurs from living their dream in restaurant business are listed below.
Social and Cultural attitudes
Registration, Licensing and Administrative Methods
Securing loans and access to funds
Operational Difficulties

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