- MSMEs suffer from lack of funds. They are financially weak.
- They suffer from lack of managerial and other skills. They cannot employ highly paid officials.
- MSMEs always face tough competition from large businesses.
- They are not well equipped to make advantage of the latest technology and modern methods.
- There is only a little scope for division of labour and specialization.
- MSMEs cannot afford to spend large sums of money on research and experiments
- They cannot survive in times of adversity.
- They cannot secure cheap credit.
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