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In starting a business lack of personal experience, expert skills say for making
financial projections, design, information, and weak and pirated idea, short access
towards market, avoidance of feasibility analysis leads to business failure.
The role played by Govt. is not in accordance with the standards needed to make a
small business successful rather it acts as a big hurdle in the way of doing a small
business.
The economic system and market structures prevailing in the Pakistan are said to
be the main problems faced by the small business entrepreneurs in establishing
and operating their businesses. Whose end result came out to be the business
failure lead by bankruptcy?
Failure of Small Business in Pakistan
15) In your entire startup phase did you need any expert skills say for making
financial projections, design, marketing etc.? Were they available? Did you use
them?
19) How high or low interest rate effect your new established business?
24) How did you choose this location? Reasons for your choice?
25) What were the other choices? Did you have many choices?
28) How long did it take to start actual market transactions from the inception
Of your idea?
Failure of Small Business in Pakistan
30) What kind of labor if any did you need? Any skills required from labor side?
a) Bad planning
b) Lack of finance
c) Poor market conditions
d) Lack of advice
e) Bad government policy and regulation
f) Economic Infrastructure of Pakistan
Failure of Small Business in Pakistan
2) What affect does the government have on the running of your business?
4) Does Govt. policies are flowing with the market and business needs?
10) What would you say about current Govt. policies for small businesses?
11) What do you think about local Govt. and their policies?
13) What do you think about Infrastructure? City and government infrastructure? Is it
adequate?
14) Is the federal government, provincial and city government helpful to your
Business?
Failure of Small Business in Pakistan
16) Poor governance, does it affect your business? Weak law & order structure?
22) Do tax rates declared by Govt. have made any harm to your business?
25) What recommendations do you suggest to make Govt. policies more effective? Or
you are satisfies with them? Explain your each option?
Failure of Small Business in Pakistan
Economy
1) How would you view the economy of Pakistan?
5) Which kind of relations do you find between your business and the economy?
6) Is it supportive or not?
8) Or it came out to be one of the main hinders in the growth of your business?
10) What you say about the market in which you are doing business?
17) What marketing techniques and resources do you have at your disposal?
24) Do you use financial markets? Banks, Stocks, Insurance, Hedging instruments?
26) Do you have a liberty to market your product in every part of Pakistan? Or there
are legal as well as boundary limitations?
27) Any kind of recommendations do you suggest? Explain each your point?
Failure of Small Business in Pakistan