What are the biggest challenges you face as a small business owner?

What are the biggest challenges you face as a small business owner?.

Is it creating policies and standard operating procedures for your day to day business functions? Is it recruiting and retaining quality employees? Is it fine tuning your sales and marketing processes to get a better ROI? 

There are lots of things that may be on your mind in these tight economic times, and only you can decide on the best direction to focus the efforts of you and your employees. The success of your small business depends on how clear your objectives are and how effectively you can to execute these objectives. Sometimes working with a business coach can be a beneficial exercise to fine tune these objectives and establish a plan of action for your small business.