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Archive - 21/11/2017

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Barriers To Entry For Your Startup

Barriers To Entry For Your Startup

When you start a business, you may have to face some “barriers to entry.”

What are “barriers to entry”?

These are in-built barriers existing in some industries and market sectors that face newcomers, making it difficult for them to start a business in that industry.

It is important as a startup to recognise and identify barriers to entry, and even more important to look at ways you can get around them – or your business may be stillborn. Let’s first look at what they are.

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