Are we surprised that there are still more male entrepreneurs than female entrepreneurs? Maybe not. However, some parts of the world see this inequality much greater than other parts. The majority of females in business say that the further up the ladder they get, there is a lack of female role models that they can aspire to be. In a male-dominated industry, women are not always treated the same as male entrepreneurs.
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Scott McGohan, CEO at McGohan Brabender, claims that the lack of communication is every company’s major challenge. Effective workplace interaction is possible as long as productive staff members are in their proper places. Besides, small organisations usually feature unstable internal structure (at the beginning of growth), lack of cash and resources.
A pharmacy business can be lucrative and starting from scratch is one of the best ways to own one. However, establishing a pharmacy, even a small one is not an easy task, so it can be easier to buy an existing pharmacy if you find one for sale with potential growth. With so many laws, rules and regulations that you must adhere to before starting a pharmacy, buying an already existing pharmacy or franchise will make things simpler for you. However, starting your own profitable pharmacy business from scratch is possible and may be more satisfying than buying one.
Useful and actionable advice is priceless, especially when it comes to your small business. If you feel like you bit off a little more than you could chew, consider finding a mentor to help you overcome obstacles.
A major initiative has been launched by TransferWise, a financial technology company to encourage UK’s youngest and brightest entrepreneurs to grow their business internationally. The scheme duped ’20 under 20′ could be life-changing for twenty young entrepreneurs in the UK, helping them take their business to new heights.