10 REASONS WHY STARTUP ENTREPRENEURS MUST HAVE A BUSINESS PLAN

Interacting with a startup entrepreneur, I faced a question that why he needs a business plan when he is initiating the venture with his own capital. It seems to me…

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14 THINGS TO CONSIDER IN SELECTING FACTORY LOCATION

Choosing and selecting factory location rightfully is a difficult task for the entrepreneurs, especially for beginners. A right plant location is a ‘make or break’ decision from an owner’s point…

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LOAN AGAINST PROPERTY | HOW TO APPLY | BASIC GUIDE

WHAT IS A LOAN AGAINST PROPERTY? Loan Against Property is a type of loan that uses your commercial or residential property as collateral. Loans Against Property are customarily used as…

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QUALITY CERTIFICATIONS FOR SMALL BUSINESS MANUFACTURING

Quality certification has become extremely important in competitive markets and especially in gaining the foothold in exports. To avail the certification of ISO-9000, a unit has to undertake significant costs;…

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CLEARANCE FOR SMALL BUSINESS MANUFACTURING

In initiating a small business manufacturing in India, according to the product entrepreneurs need to obtain several different clearance from different Government Authorities. Regulatory or Taxation Clearances:             1. Registration under…

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EXEMPTION FROM COMPULSORY LICENCE FOR SMALL BUSINESS MANUFACTURING

Licensing in the Industries sector is governed by the licensing exemption notification issued by Govt. of India on July 25, 1991, under the Industries (Development and Regulation) Act, 1951. In…

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ENTREPRENEURS MEMORANDUM FOR SMALL BUSINESS MANUFACTURING

Registering the company with ROC is the must. As per your desired ownership pattern you can register your manufacturing business by following ways: 1.      One Person Company 2.      Private Limited Company 3.      Limited…

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3M’S RIGHT FOR SMALL BUSINESS MANUFACTURING IN INDIA

1. Manpower Projections for manpower and staffing are made in the project report. However, it is necessary to time the induction of manpower in a planned manner. The engineers and…

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UNIT SETUP FOR SMALL BUSINESS MANUFACTURING

Setting up a manufacturing unit requires negotiating a favourable plot or shed purchase, organizing for proper construction of the building, design of interiors and finding good deals on equipment and…

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SMALL BUSINESS MANUFACTURING | THINGS TO CONSIDER BEFORE STARTING

Initiating a small business manufacturing in India is generally considered as an opportunity. Manufacturing opportunity produces a product that can generate sufficient surplus. The product plays an important role in…

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