CLEAN : Liberian entrepreneurs struggle to succeed

The video discusses various aspects of running a business, including budgeting, economic challenges, and the impact of fluctuating money rates. It highlights the difficulties faced by businesses, especially with rising fuel prices, and explores opportunities in the tech sector. The video also provides strategies for overcoming business challenges.

What is one of the main challenges of running a business mentioned in the video?

• High employee turnover

• Limited market access

• Increased fuel prices

• Lack of customer interest

How does currency fluctuation affect businesses according to the video?

• It makes budgeting easier

• It reduces operational costs

• It complicates financial planning

• It stabilizes the market

What is a potential benefit of stable currency rates mentioned in the video?

• Higher inflation rates

• Simplified financial transactions

• Easier rate adjustments

• Increased import taxes

What industry is highlighted as having significant growth potential?

• Retail

• Agriculture

• Manufacturing

• Technology

Why is a technical background important in the current market according to the video?

• It reduces training costs

• It enhances customer service

• It supports the shift to new technologies

• It increases product variety