Main barriers to growth identified by executives in professional, scientific and technical services in Auckland, New Zealand
Most common responses only, April 2016, % of businesses (n=72)
| Response | % of businesses |
|---|---|
| Compliance and regulations | 13.0% |
| Current staff - limited expertise / skill gaps | 19.0% |
| Economic condition / recession | 6.0% |
| Employment issues - finding staff/language issues/labour costs | 6.0% |
| Lack of access to financial support / capital constraints | 10.0% |
| Lack of access to skilled resources / talent pool within NZ | 14.000000000000002% |
| Lack of time to plan for the future / growth | 12.0% |
| Limited financial resources | 7.000000000000001% |
| Limited opportunities or high barriers to entry to expand into international markets | 7.000000000000001% |
| Limited opportunities to expand within the domestic market | 10.0% |
| Limited reach / pool of customers | 7.000000000000001% |
| Price competition from low cost / quality competitors | 9.0% |
| Traffic/traffic congestion/signage/costs | 13.0% |