Challenges | Mean | Std. Dev. | RII | Rank | RII Index |
No business plan for acquisition of capital from financial institution | 4.7 | 0.702 | 0.94 | 1st | High importance |
High initial capital | 3.97 | 1.098 | 0.793 | 2nd | Medium importance |
Little or no knowledge in the firm or product | 3.87 | 1.252 | 0.773 | 3rd | Medium importance |
Entrepreneurs do not get the required training | 3.63 | 1.402 | 0.726 | 4th | Medium importance |
High technology | 3.5 | 1.167 | 0.7 | 5th | Medium importance |
Unreadily availability of equipment | 3.43 | 1.194 | 0.686 | 6th | Medium importance |
High taxation | 3.3 | 1.418 | 0.66 | 7th | Medium importance |
Dominant policies | 3.22 | 1.204 | 0.643 | 8th | Medium importance |
Non stability of the industry | 3.2 | 1.215 | 0.64 | 9th | Medium importance |
Unreadily availability of required labour and skills | 2.79 | 1.544 | 0.558 | 10th | Low importance |
Unreadily availability of materials | 2.7 | 1.291 | 0.54 | 11th | Low importance |