construct the background of the problem for dissertation topic: CHALLENGES TO ADDRESS WHEN ESTABLISHING A SMALL BUSINESS IN A RURAL COMMUNITY.Use researchable citations and references. Make paragraphs five sentences or more.

Here's my example:

Small businesses often serve as the foundation of the local economy in small towns, according to the International Monetary Fund (2024). These firms provide jobs, supply necessary goods and services, and enhance the community's overall economic health. But these businesses are usually threatened by a number of factors: economic downturns can result in lower consumer spending, which disproportionately affects small businesses with limited funding; previous research has shown the importance of municipal legislation and community support in promoting business success; and demographic factors, like aging or population decline, may result in a smaller consumer base, creating additional barriers to corporate survival (Chapter 3: Understanding the Social Acceptability of Structural Reforms).

Additionally, rural small firms might not have as easy access to resources like cash and trained labor as their urban counterparts (Smith, 2020), which could impede corporate innovation and growth. Supportive legislation and strong local networks may help alleviate some of these problems, according to earlier research that emphasized the value of community support and local policies in promoting business development (International Monetary Fund, 2024, Chapter 3: Understanding the Social Acceptability of Structural Reforms).

Planning strategies to increase the resilience and sustainability of small enterprises in small towns requires an understanding of these processes (Kato, 2024). Communities can strive to create a more robust local economy that encourages both new and existing enterprises as well as entrepreneurial activities by tackling these problems (Kato, 2024).

According to Kato (2024), entrepreneurs frequently face challenges when attempting to launch a business in small communities with a sparse population because they may be concerned that the discovery will impede commercialization due to uncertainty, which may compel them to use the first workable method without giving it careful thought and preparation. New organizations run the risk of lagging behind competitors who use a more methodical strategy, even while there are instances in which selecting the first feasible approach plan may be advantageous (Kato, 2024).

Because founders are more compelling when they can demonstrate an idea's potential via a range of techniques, action-first attitudes encounter additional difficulties (Pan et al., 2022). Due to their large geographic coverage and variety of community forms, rural communities confront particular problems in the quickly evolving economy(Pan et al., 2022). As the globalized, digital economy has expanded and become more widely accepted, many tiny, rural towns in the United States have been left behind (Pan et al., 2022). These communities lose employment possibilities and economic potential as a greater proportion of the population relocates to cities and suburbs (Pan et al., 2022).

The population ages and less tax money is available to provide public services as younger, better educated people migrate from rural to urban areas (Pan et al., 2022).

For recreation and to prevent geographical isolation, people from cities relocate to non-urbanized areas near urban centers (Kato, 2024). Villagers can build endogenous development capacities and local social capital, adjust to changing conditions, and fortify their companies with the support of resilient rural communities (Pan et al., 2022). Economic and social inequalities worsen outmigration, and living standards have an impact on rural depopulation and urbanization (Kato, 2024). Interest in metropolitan regions has surged due to the economic possibilities of both metropolises and outlying communities (Kato, 2024).