ENTREPRENEURSHIP AND FINANCIAL INSTITUTIONS FOR SMALL SCALE INDUSTRIES

ENTREPRENEURSHIP AND FINANCIAL INSTITUTIONS FOR SMALL SCALE INDUSTRIES

Author: Dr. Laxman Channaveerappa Mulgund

Publisher: Lulu Publication

Published: 2021-03-18

Total Pages: 181

ISBN-13: 1678083038

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The vibrancy of an economy depends on the constant flow of entrepreneurs who can take up challenges in business and industry. An entrepreneur is one of the important segments of economic growth. Schumpeter observes that economic development consists of employing resources in a different way in doing a new combination of means of production. He contends that economic growth depends on the rate of applied technical progress i.e. innovation rate of applied technical progress in the economic field which in turn depends on supply of entrepreneurs in society. Thus entrepreneur becomes the agent of change in society[1]. Entrepreneur’s motivations & aspirations are conducive to development. Entrepreneurial competence makes all the difference in the rate of economic growth. A broad based entrepreneurial class in India is a felt need and such an entrepreneurial class would speed up the process of activating the factors of production leading to a higher rate of economic growth dispersal of economic activities, development of backward & rural tribal areas, creation of employment opportunities, improvement in the standard of living of the weaker sections of the society and involvement of all sections of the society in the process of growth[2]. An entrepreneur plays a critical role in the process of socioeconomic change by envisaging new opportunities new techniques, new products & by coordinating all other activities.


Cases on Small Business Economics and Development During Economic Crises

Cases on Small Business Economics and Development During Economic Crises

Author: Stephens, Simon

Publisher: IGI Global

Published: 2021-06-25

Total Pages: 297

ISBN-13: 1799876594

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Oftentimes, the owners and entrepreneurs whose small businesses are undergoing financial problems suffer high emotional costs. These individuals can experience significant setbacks in their entrepreneurial journeys as well as depression and other negative emotions from the stress of crisis episodes. However, businesses that are in crisis also provide valuable learning opportunities for adapting and changing in order to successfully face future challenging situations. Cases on Small Business Economics and Development During Economic Crises presents a diverse range of perspectives and insights into global developments in entrepreneurship and captures a diverse collection of methodologies and outcomes from various countries in the realm of small business economics and their development. Including case studies that discuss the COVID-19 pandemic, risk management, and entrepreneurial resiliency, this case book serves as an excellent companion for entrepreneurs, small business owners, managers, executives, economists, business professionals, academicians, students, and researchers.


Profitable Small Scale Industries

Profitable Small Scale Industries

Author: NPCS Board of Consultants & Engineers

Publisher: NIIR PROJECT CONSULTANCY SERVICES

Published: 2007-01-01

Total Pages: 314

ISBN-13: 8190439812

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The small scale sector is assuming greater importance every day. Starting a small scale venture is a reality that has created wide open opportunity and success for those who decided to take the plunge just as it can for you. Setting up a small scale industry is also the easiest and least expensive way to become an entrepreneur. Hundreds of thousands of people start their own businesses every year, and untold more dream about the possibility of becoming their own bosses. While entrepreneurship has its many potential rewards, it also carries unique challenges. To start a business of your own you need to understand the environment to set up an enterprise of you own. To run a successful business, you need to learn all about your existing and potential customers, your competitors and the economic conditions of your market place. An entrepreneur requires a continuous flow of funds not only for setting up of his/ her business, but also for successful operation as well as regular up gradation/ modernization of the industrial unit. To meet this requirement, the Government (both at the Central and State level) has been undertaking several steps like setting up of banks and financial institutions; formulating various policies and schemes, etc. The Government has announced series of steps to promote industrial development by way of rationalization of the policies to encourage the new entrepreneurs as well as existing units. Any unit or new entrepreneur, establishing or implementing the project needs a complete set of plan and finance for making it successful. You do not need to be a genius to run a successful business, but you do need some help. And that is exactly what this book is, a guide into the stimulating world of business ownership and management. The major contents of the book are measuring tapes (steel), carbon potentiometers, auto pistons, wafer biscuits (new), automatic curtain opener, tumbler locks, cement concrete tiles and paving blocks, woven labels, electro cardiogram paper (E.C.G. paper), tomato products, leather chappals, distribution board, v. belts and fan belts, baby bloomer suits, electronic quartz analog clocks, power pack/battery eliminators, table fan, potato/banana wafers, laminated safety glass, HRC fuse links, 1000 VAC, directory section etc. The present book is a chain of guidelines, which will help you in selection of an appropriate industry in low investment. The project covered in this book can be started with in twenty lakhs, without having much technical knowledge. This will be very helpful to those who want to become an entrepreneur.


ENTREPRENEURSHIP AND SMALL SCALE INDUSTRIAL DEVELOPMENT A Study in Hyderabad Karnataka Region

ENTREPRENEURSHIP AND SMALL SCALE INDUSTRIAL DEVELOPMENT A Study in Hyderabad Karnataka Region

Author: Dr. N. Honnurswamy

Publisher: Ashok Yakkaldevi

Published: 2022-03-05

Total Pages: 230

ISBN-13: 1458370631

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1.1 Introduction: The entrepreneurs of the small industry have a prominent role in a developing economy, as the success of these industrial enterprises depends largely upon the capabilities and the talents of the entrepreneurs and there by promotes the industrialization process. To make the small scale industry more dynamic in accelerating industrial development for facilitating larger employment generation and output expansion, there is an imperative need to promote the entrepreneurial talents as inadequate supply of entrepreneurs, constrains the process of rapid industrialization and that of sustaining the economic development. Industrialization has been considered as one of the strategies for accelerating the process of economic development particularly in the developing countries, and this in turn depends on the availability of a large number of innovative and dynamic entrepreneurs and it is necessary to promote the entrepreneurial base in the economy through expansion and diversification of the entrepreneurial talents since they generate employment opportunities and thereby reduce the regional imbalances and the concentration of economic power.


Economics Of Small Business, The: An Introductory Survey

Economics Of Small Business, The: An Introductory Survey

Author: Roger A Mccain

Publisher: World Scientific Publishing Company

Published: 2018-04-09

Total Pages: 332

ISBN-13: 9813231262

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This survey reviews research on the economics of small business, introducing key concepts for the understanding of the research, including some basic microeconomics, distribution functions, and concepts of entrepreneurship. Accessible to readers with elementary knowledge of economics and probability, the book is suitable as a text for an undergraduate course in the economics of small business. It also covers the economics of organization, the role of the family in small business, human capital and nonpecuniary motivation, together with the relationship of small business to entrepreneurship and growth. Public policy toward small business is discussed with an emphasis on the United States, together with comparisons and contrasts of many other countries.


Recast Your City

Recast Your City

Author: Ilana Preuss

Publisher: Island Press

Published: 2021-06-22

Total Pages: 194

ISBN-13: 1642831921

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Community development expert Ilana Preuss explains how local leaders can revitalize their downtowns or neighborhood main streets by bringing in and supporting small-scale manufacturing. Small-scale manufacturing businesses help create thriving places, with local business ownership opportunities and well-paying jobs that other business types can't fulfill.


Entrepreneurship and Small Business

Entrepreneurship and Small Business

Author: R. C. Agarwal

Publisher: SBPD Publishing House

Published: 2020-08-30

Total Pages: 259

ISBN-13: 9350470683

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Entrepreneurship is the most important instrument of social and economic development. It is because of this reason it is remarked that developing countries are not underdeveloped but undermanaged. It is true of Japan. About a century ago Japan was considered as an underdeveloped country. Thanks to the rapid progress made by Management science, now Japan is regarded as one of the most advanced countries of the world. Increasing production and productivity is the need of the hour. These are dependent upon physical factors or natural resources of a country and its human resource. However, the resources capable of enlargement can only be human resource. All other resources stand under the laws of mechanics. They can be better utilised or worse utilised but they can never have an output greater than the sum of the inputs. Man alone of all the resources available to man, can grow and develop if properly directed and motivated. In line with this thinking, there has been a revolutionary change in management philosophy. He (man) is potentially creative, trustworthy and co-operative. He is also considered to possess the potential for growth, achievement and constructive action with others. It is the job of the management to nurture and tap employee’s productive drives. Entrepreneurship, therefore, hold the key to the economic development of a nation. It is because of this reason the U.G.C.’s Unified Syllabus has included the study of business management subject in almost every course in business and management disciplines, be it B. Com., M. Com., B.B.A. or M.B.A., C.A.C.S., C.W.A. and so on. The author has tried to explain the subject in the most simple language. Extensive use of charts, pictures and diagrams has been made to explain and illustrate the difficult concepts and Fundamentals of Entrepreneurship. Important questions asked in the examinations conducted by various universities and professional institutes have been given at the end of each chapter. The authors sincerely believe that the book will be of immense use and help the students preparing for these examinations.


ISO 9001:2015 Handbook for Small and Medium-Sized Businesses, Third Edition

ISO 9001:2015 Handbook for Small and Medium-Sized Businesses, Third Edition

Author: Denise E. Robitaille

Publisher: Quality Press

Published: 2016-03-24

Total Pages: 99

ISBN-13: 0873899059

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This handbook was developed to help small and medium-sized organizations better understand ISO 9001:2015. It is intended to facilitate implementation and improvement. The establishment, implementation, and maintenance of an ISO 9001–compliant quality management system (QMS) should allow the organization to experience multiple benefits beyond the achievement of certification. Organizations should also see improvements in the quality of products, customer satisfaction, and process effectiveness—all of which ultimately have a positive impact on the bottom line. It is expected that some readers will have already established a QMS. This handbook will serve to reinforce good practices and will help you better understand the intent and value of some of the requirements of ISO 9001. Since the handbook is especially focused on small and medium-sized organizations, the examples that are provided will have greater applicability and will enhance comprehension, again resulting in increased value. Implementing a QMS in a small organization is not easier or harder than it is in a large one. Resources are different; each organization has its own unique challenges, constraints, and advantages. The thing to always bear in mind is that this is your organization and these are your processes. ISO 9001:2015 defines the requirements, but it does not dictate the method of application. Utilizing this handbook should allow you to develop or rejuvenate your QMS so that it is a benefit to both you and your customer.