Main barriers to growing business identified by executives in Auckland, New Zealand
Most common responses only, April 2016, % of businesses (n=501)
Response | % of businesses |
---|---|
Compliance and regulations | 15.0% |
Current staff - limited expertise / skill gaps | 16.0% |
Economic condition / recession | 10.0% |
Lack of access to financial support / capital constraints | 7.000000000000001% |
Lack of access to skilled resources / talent pool within NZ | 7.000000000000001% |
Limited financial resources | 13.0% |
Limited opportunities to expand within the domestic market | 5.0% |
Limited reach / pool of customers | 8.0% |
Price competition from low cost / quality competitors | 21.0% |
Traffic/traffic congestion/signage/costs | 14.000000000000002% |