Entrepreneur magazine and PricewaterhouseCoopers released their 2006 “Entrepreneurial Challenges Survey” Here are what they found to be the biggest challenges for entrepreneurs with growing companies in 2006:
Retention of key workers–73%
Developing new products and services–38%
Expansion to markets inside the U.S.–36%
Increased productivity–35%
Upgrading technology–28%
Creating business alliances–23%
Better management of cash flow–21%
Expansion to markets outside the U.S.–14%
Improving risk management–13%
Finding new financing–11%
Buying another company or launching a spinoff–11%
Preparing company for sale–7%
Going public–2%
Do They Want To Stay?
Dr. Cornwall at Entrepreneurial Mind offers up some statistics via a survey from Entrepreneur Magazine that shows that retaining key employees is the biggest challenge entrepreneurs face today. 73% of respondents said this was a major challenge for …
Window to Your World
Results of the 2006 “Entrepreneurial Challenges Survey”:
What are entrepreneurs’ biggest challenges for 2006? We asked entrepreneurs to choose the three factors most critical to their business success in 2006. Here’s what they…