Starting a side business can be costly ^51%

Truth rate: 51%

Pros: 0
Cons: 0

Pros: 0

Cons: 0
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Cons: 0

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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%

Many people start side hustles to pay off debt

Consistent effort is needed to build a profitable side business ^58%

58%

Consistent effort is needed to build a profitable side business

Starting a side hustle may not guarantee financial freedom ^90%

90%

Starting a side hustle may not guarantee financial freedom

Ineffective use of funds can be costly for businesses ^94%

94%

High upfront costs deter small businesses from adoption ^66%

66%

Starting a new side hustle requires significant time investment ^81%

81%

Starting a new side hustle requires significant time investment

High costs deter small businesses from using fintech ^80%

80%

Some side hustles require upfront costs ^70%

70%

Some side hustles require upfront costs

Some side hustles have high startup costs ^71%

71%

Some side hustles have high startup costs

Small businesses are overwhelmed by the cost of handling big data ^80%

80%