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These are:
• Legal.
• Financial.
• Social.
• Environmental.
• Technological.
• Competitive.
I will now evaluate these constraints and discuss how, and in what ways, they may impact on the successful implementation of a business plan.
Legal Constraints.
Legal changes are happening on a daily basis, and as a result, can have a large influence on what is happening within the business environment.
Health and safety legislative changes may increase costs, or force working practices to change. This is particularly important when considering new businesses, such as companies trading online...
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