Kurt leased a small building and converted it into a hockey supply shop. He had assumed that he could run a successful business if he had enough money to get started. However, his business faces seasonal variations in sales. He now finds it difficult to meet the day-to-day expenses of the business. Which problem is Kurt's business facing?

a.competition

b.lack of startup capital

c.bureaucracy

d.inability to cope with growth

e.undercapitalization