Challenges Facing Start-up's and Entrepreneurs in Kenya

Start-up businesses and entrepreneurs in Kenya face various challenges, which include the following;

1. Lack of sufficient financial support.

2. Inadequate infrastructure.

3. Ineffective Government policies that would be a potential advantage to them and help boost their performance and growth as start-ups and entrepreneurs.

4. Human resources, which is one of the major constraints include competition for employees and getting the right person to fill a position in your Company.

5. Another problem faced by start-up businesses is their inability to afford or get access to quality data storage space.

6. Most Kenyan start-ups do not even have time offs or leave days allotted for them and their employees because they may think it is unimportant or insignificant when it comes to achieving their targets and goals as entrepreneurs, therefore leading to burnout for both the entrepreneur and his/her employees due to overwork.

7. Entrepreneurs face problems when it comes to succession planning, which would facilitate growth/ expansion of business operations and not disrupting business continuity when there are changes within the business structure such as retirement due to old age or death for example, in case of an individual entrepreneur facing such a challenge.

Having understood these challenges FAIDI HR  is helping businesses automate processes such as:

Employees Onboarding/Offboarding

 Leaves/Payroll/Timesheet/Projects/Performance/Casual Payroll.

 
2.With this automation work is done efficiently saving time for HRs/Accountants and making them focus on other operations.

3.The platform also offers a great employee experience as they can login to the platform and apply for leaves/download payslips/apply advance without necessarily queuing in Hrs/accountant office.

4.With the platform much paperwork is eliminated i.e leave application forms, payslips, attendance forms are on the platform which is more secure and accessible anytime unless you want to print them out.
5. Employees can upload their documents i.e Resumes/CV'S, Certificates which is easy to retrieve when needed.

6.The platform can be accessed from anywhere as long as you have internet connection.

7.You can get started anytime since no installation fee is required and packages are customized to fit businesses needs

 

If you are a START UP Consider FAIDIHR PAYROLL MANAGEMENT SYSTEM.

Its Absolutely  FREE  for START UPS with atleast 5 employees 

 REGISTER FOR FREE DEMO and  enjoy the experience.

For Feedback/Query Contact  me  on tacykn@gmail.com