Challenges Face by New Retail Shop

fit in to a survey on the sell market in Singapore, fashion constancy has undergone rapid growth in the youthful years and is expected to grow further. scorn the good factor there is to a fault some disputes need to causa by the fellowship. A. Challenges that exit be faced Firstly, the enterpriser go away face a challenge in decision a vesture reason who has enough expertise and skill, and at the same time has the willingness to take a risk in being get going of a business arrangement.This arrangement will incur likely oopportunity costs for the designer because the designer will have to prepare a salary, and instead invest in a start-up of the business. Secondly run intoing a suitable venture slap-upist will be a problem also. If an investor with wee expertise in start-ups comes into the picture, it will not be suitable for the company as the start-up will lose out on the expert knowledge of a paid capitalist.Finally the entrepreneur will face challenges in givin g his ideas over to the scrutiny of the investor and in this manner the entrepreneur will touch sensation that he is losing control over his plan. new(prenominal) challenges that the new company can face are in terms of workers because finding good workers for a new company will be difficult. The salaries of the workers will have to be taken out of the capital initially. Another challenge will be from already established competitors. Moreover, Singapore is a sophisticated market and customers are demanding so the new company will find it difficult to cater to such customers.