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Theories about challenges of micro enterprises year 2019-2024? 


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The challenges faced by micro enterprises from 2019 to 2024 encompass financial constraints, limited access to funds, and difficulties in obtaining bank loans . These enterprises struggle with rigid government program procedures hindering their financial success . Additionally, delayed payments and inadequate infrastructure further impede their growth . To overcome these challenges, there is a pressing need for more government investment in infrastructure, tighter regulations on buyer-side payments, and increased support for MSMEs through policy implementations . Embracing digital transformation, exploring new markets, and leveraging supportive government policies can present opportunities for growth and sustainability in the dynamic business landscape . Addressing these challenges and seizing opportunities through tailored strategies, technological adoption, and skill development initiatives is crucial for enhancing the competitiveness of micro enterprises in the coming years.

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