Every business faces some kind of barriers or challenges so
as this one. Mobile markets are backed by number of obstacles including fluctuating gas prices which directly
impacts on their business expenses. Along with it strict government regulations also affects the operations of mobile
markets by monitoring their actions and removing the trade barriers among the
provinces and territorial regions which may results in increasing competition .
In addition to these, the changing
weather conditions in Canada adversely affects these type of businesses as
in extreme winters they could not able to meet their selling targets. Furthermore,
due to the boom of small businesses competition
level is considerably high. In such a situation it becomes difficult to
gain higher profits and even at some point of time one have to face loses too. Nevertheless,
when one decides to start up their own business he/she might lacks of experience and knowledge in regard to the business. So
while choosing and buying the vehicle to run their business, they might face
difficulties and may end up selecting the wrong one. (WEAVER, 2014)
Moreover, in order to flourish a business one need to expand
it beyond the specific areas, regions and territories but because of low profit margins, entrepreneurs are not in a condition to expand their businesses. Behind all these, there is
another factor which restrict the mobile businesses and that is the maintenance of the vehicle. In the
state when vehicle broke down and could not be fixed up in less span of time,
owner may have to face extreme losses which may results in indebtedness. (Krishnan, 2016).
Krishnan, J. (2016, MAY 23). Top Challenges for
Small Businesses with a Workforce Behind Wheels. Retrieved from AUTOMILE:
https://automile.com/blog/top-challenges-for-small-businesses-with-a-workforce-behind-wheels-
WEAVER, R. (2014, DEC 1). THE GLOBE AND MAIL.
Retrieved from The six biggest barriers facing small businesses in Canada: http://www.theglobeandmail.com/report-on-business/small-business/sb-growth/six-big-challenges-facing-small-businesses-in-canada/article21437327/
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