(i) Successful entrepreneurs get as eyes openers to potential entrepreneurs who view them as role models.
(ii) Savings on imports-local entrepreneurs are able to produce goods that are substitutes to imports.
(iii) As different businesses are started in the country, it leads to provision of a variety of goods and services.
(iv) Entrepreneurs make use of local resources in their industries as raw materials in the production process.
(v) As business strives and grows,it attracts foreign investors who invest in business locally making use of local resources.
(vi) Entrepreneurs start business and create employment.
(vii) Attracts foreign investors.
maurice.mutuku answered the question on August 12, 2017 at 13:16
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