ChamberCommerce

By Stew Kernan

Entrepreneurs are having trouble taking their businesses to the next level when it comes to growth.

The Greater Sudbury Chamber of Commerce, along with the Ontario Chamber, have released a report highlighting six barriers that many business owners are facing in efforts to builds their businesses or “scale up”.

President of the Sudbury Chamber Debbi Nicholson says these barriers are preventing long term success.

She says two of the big problems are a lack of talent with scale up experience and difficulties in securing the right kinds of financing.

Nicholson says it’s important for governments to gain a better understanding of where the current gaps exist.