Challenges Faced by Business Owners
- Unawareness of Eligibility: Many business owners are unaware of the criteria for MSME registration.
- Complex Documentation: Gathering the correct documentation can be confusing and time-consuming.
- Registration Process: Many business owners find the MSME registration process tedious.
- Limited Resources: Small businesses may lack the expertise to navigate government schemes.
- Financial Assistance: Accessing loans from government schemes can be difficult without proper MSME registration.