When asked about key challenges in starting a business, 74 percent of respondents stated that the high costs of doing business is the biggest challenge they need to face in Hong Kong.
Key challenges in starting a business in Hong Kong as of 3rd quarter of 2019
90 established entrepreneurs and 40 student entrepreneurs
Method of interview
Online omnibus survey
Supplementary notes
Age and exact date of survey is not indicated in the source.
The respondents represented large, mid-sized and small start-ups, of which more than 40 percent had revenue of over HKD10 million in 2018. The background of respondents varied across a broad range of industries, although most are members of founding or senior management teams in the finance, retail, internet and software sectors.
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Deloitte. (October 16, 2019). Key challenges in starting a business in Hong Kong as of 3rd quarter of 2019 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1089531/hong-kong-challenges-in-starting-a-business/
Deloitte. "Key challenges in starting a business in Hong Kong as of 3rd quarter of 2019." Chart. October 16, 2019. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1089531/hong-kong-challenges-in-starting-a-business/
Deloitte. (2019). Key challenges in starting a business in Hong Kong as of 3rd quarter of 2019. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1089531/hong-kong-challenges-in-starting-a-business/
Deloitte. "Key Challenges in Starting a Business in Hong Kong as of 3rd Quarter of 2019." Statista, Statista Inc., 16 Oct 2019, https://www.statista.com/statistics/1089531/hong-kong-challenges-in-starting-a-business/
Deloitte, Key challenges in starting a business in Hong Kong as of 3rd quarter of 2019 Statista, https://www.statista.com/statistics/1089531/hong-kong-challenges-in-starting-a-business/ (last visited November 19, 2024)
Key challenges in starting a business in Hong Kong as of 3rd quarter of 2019 [Graph], Deloitte, October 16, 2019. [Online]. Available: https://www.statista.com/statistics/1089531/hong-kong-challenges-in-starting-a-business/