The plotted graph provides information regarding the beginners that they experienced twelve types of challenges when they start a new business. Every challenge further divided percentage-wise in three different categories, which were a major barrier, minor barrier and not a barrier.
Looking at the chart, IT roadblocks were a major barrier in all about 47% for new startups. In comparison, only 13% of entrepreneurs found major difficulties in the privacy laws of their new firm. Moreover, it was also predominantly highest just near the half in the minor barrier category which was followed by a lack of knowledge with 47%.
The two categories, the not enough data and too much data was not a barrier for more than 44% businessman. Besides, the almost similar trend was observed for the lack of budget and lack of staff in three groups. Similarly, the same trend also confronted for inability to translate data into action and organizational silos with minor fluctuation for all types of barriers.
Overall, the percentage for the major barrier was significantly higher in almost all as compared to not a barrier. However, the figure for the minor barrier was quite nearer for all except few categories.
The plotted graph provides information regarding the beginners that they experienced twelve types of challenges when they
start
a new business. Every challenge
further
divided percentage-wise in three
different
categories
, which were a
major
barrier
,
minor
barrier
and not a barrier.
Looking at the chart, IT roadblocks were a
major
barrier
in all about 47% for new startups.
In comparison
,
only
13% of entrepreneurs found
major
difficulties in the privacy laws of their new firm.
Moreover
, it was
also
predominantly
highest
just
near the half in the
minor
barrier
category
which
was followed
by a lack of knowledge with 47%.
The two
categories
, the not
enough
data and too much data was not a
barrier
for more than 44% businessman.
Besides
, the almost similar trend
was observed
for the lack of budget and lack of staff in three groups.
Similarly
, the same trend
also
confronted for inability to translate data into action and organizational silos with
minor
fluctuation for all types of barriers.
Overall
, the percentage for the
major
barrier
was
significantly
higher in almost all as compared to not a
barrier
.
However
, the figure for the
minor
barrier
was quite nearer for all except few
categories
.
9Linking words, meeting the goal of 7 or more
20Repeated words, meeting the goal of 3 or fewer
1Mistakes