please my dear forumite i will like to know what are the possible challenges entrepreneur face when starting a business because i will like to go into business sometime later thank you

Click on my handle and go through my past threads on Business and Career. I assure you, you will have more than enough information you so desire to have. Up to 10 of them in number.

Budding entrepreneurs in Nigeria are faced with numerous challenges in starting businesses. Such challenges include :
1. Ignorance of the type of business to engage in,
2. The lack of willingness to learn the ropes from experienced business persons because most people do not like paying to learn.( i.e everything should be free,
3. The lack of adequate business plan,
4. Inadequate capital outlay for the business and mismanagement of available funds,
5. The nearly incurable desire to succeed and get rich quickly,
6. the desire to do it all alone,
and a host of others.
www.entrepreneurialjunction..com

there are many challenges.