Little entrepreneur, overcome your main obstacles!

Amid so many activities, spreadsheets, planning and negotiations, there is no time to think about improvements or investments, and fears and uncertainties remain. Master it!

To help “first-time entrepreneurs,” entrepreneurship expert Ricardo Pydd, a professor at startup Kultivi, a free online learning platform, collaborated with Portal Francal, preparing a list of five very common difficulties Brazilians face when plan and develop a business

1 – People Management

According to Ricardo, it is inevitable that as the company grows, the problem with employee management also grows. It takes a good team with great skills to achieve good results. Besides, of course, adjusting compensation, benefits and incentives. “In larger companies, it is also important to think about leadership development, team building, employee retention and employee motivation,” says the expert.

2 – Financial Management

This problem is probably the most obvious and recurring of all, especially when it comes to microentrepreneurs, or newcomers to the field, who don’t know much about processes. Matters like working capital, cash flow, and budget planning are all part of an entrepreneur’s daily life. “Every entrepreneur will have to deal with finance, taxes and taxes. So, besides being fundamental to know how this works, it is necessary to seek help from a qualified professional or company ”, explains Ricardo Pydd.

3 – Bureaucracy

Like financial management, it is impossible to escape bureaucratic processes, whether by starting a company, hiring employees, negotiating with suppliers, among other activities. “Labor regulations, taxes, processes and contracts are often changed due to changes in legislation, and the entrepreneur may not be able to keep up. So it’s interesting to learn or hire someone you trust to do the job, ”he says.

4 – Innovation

To keep up with customers’ spending habits, it is important to update and improve communication. It is important to be aware of the news, as long as it is appropriate for your audience and business model.

5 – Obtaining Credit

“The growth of a company depends on investments from external resources, and it is often difficult, especially for the micro entrepreneur, to get credit in banking institutions,” says Ricardo Pydd. “There are a lack of specific options for this modality, besides the bureaucracy and credit lines with rates and terms that overload the company’s capital,” he adds.

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 Source: Primeira pagina