Question: Give feedback on these two posts post 1 One of the barriers that I will face with my business is developing a website and beginning
Give feedback on these two posts
post 1
One of the barriers that I will face with my business is developing a website and beginning to market myself as an artist. I also want to incorporate skills that are yet to be obtained through college in my final product. Ways that I am coping with these challenges are to take courses that are relevant to my development and financial literacy such as this one and to be diligent in my learning outcomes.
With the funding for my business, the startup is generally approachable on a personal level. There will not be a need for investors or an outside stream of funding. Knowledge gained through business courses help improve the conservation and leverage the funding that I put into my business. A business plan still directs a personal venture just the same as approaching a lender, the plan is still the roadmap for the best possible chance of success!
Post 2
Some barriers to success for the business I had planned have more to do with external factors. One of the biggest barriers would be the competition from bigger franchise gyms. In this environment, small businesses often get bumped out of business due to bigger franchises such as vasa, lifetime, and other bigger gyms having more success. Another barrier could be world health effects such as diseases. A. prime example of this would be something like we experience recently like covid 19. Securing funding for the business will most likely come from personal savings and if possible from the help of other investors.
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