What are the factors militating against the profitabili ty of s mall scale biz?

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2026-02-10 14:20

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Several factors can hinder the profitability of small-scale businesses, including limited access to capital, which restricts their ability to invest in growth or technology. Additionally, small businesses often face intense competition from larger firms that benefit from economies of scale. Furthermore, inadequate marketing strategies and limited brand recognition can lead to lower customer acquisition and retention. Lastly, regulatory burdens and fluctuating market conditions can create additional challenges that impact their financial stability.

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