Starting a side business can be costly 51%

Truth rate: 51%
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Info:
  • Created by: Maria Ortiz
  • Created at: Oct. 1, 2024, 10:10 p.m.
  • ID: 10856
Related:
Many people start side hustles to pay off debt 94%
94%
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Many people start side hustles to pay off debt
Consistent effort is needed to build a profitable side business 58%
58%
u1727779919440's avatar u1727694227436's avatar u1727780237803's avatar u1727780020779's avatar u1727780199100's avatar u1727780083070's avatar u1727780194928's avatar u1727780071003's avatar
Consistent effort is needed to build a profitable side business
Starting a side hustle may not guarantee financial freedom 90%
90%
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Starting a side hustle may not guarantee financial freedom
Ineffective use of funds can be costly for businesses 94%
94%
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High upfront costs deter small businesses from adoption 66%
66%
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Starting a new side hustle requires significant time investment 81%
81%
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Starting a new side hustle requires significant time investment
High costs deter small businesses from using fintech 80%
80%
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Some side hustles require upfront costs 70%
70%
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Some side hustles require upfront costs
Small businesses are overwhelmed by the cost of handling big data 80%
80%
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Some side hustles have high startup costs 71%
71%
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Some side hustles have high startup costs