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‘Receiving funds is main challenge for entrepreneurs’

By JT - Aug 13,2017 - Last updated at Aug 13,2017

AMMAN — Difficulty in receiving funds is the main challenge facing entrepreneurs, according to a survey quoted by the Jordan News Agency, Petra.

The survey, carried out by Injaz, said that some 59 per cent of the sampled group of 700 students said that they had experienced difficulty in securing financing for their enterprises, while 20 per cent said a lack of awareness of entrepreneurship and 18 per cent said a lack of legal knowledge were the main challenges, Petra reported. Some 36 per cent of the students said they will not continue their enterprises.

 

 

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Once the few entrepreneurs whom manage to get over these funding challenges start the business licensing and tax processes, they will discover that finding the funds to start the business was the easy part. Good luck to these entrepreneurs because the tides are against them for starting a business in Jordan.

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