New York City can be an unforgiving place to do business, yet it attracts entrepreneurs from every part of the globe. To find out, we asked several members of the Forbes New York Business Council to share their biggest challenges and how they've overcome them. Their answers could help prepare new entrepreneurs for the pitfalls -- and benefits -- of doing business in New York City. Finding, hiring and retaining people who represent your business well is a critical success factor, but also something that is hard to make time for. Expensive Real EstateNew York City real estate can be fairly expensive, so I see a lot of early-stage teams working from coffee shops and apartments.

Source: Forbes May 09, 2018 12:56 UTC