Women Entrepreneurship
Women Entrepreneurship
Women entrepreneurship is the process in which women initiate a business, gather all resources, undertake risks, face challenges, provides employment to others and manages the business independently. Approximately 1/3rdof the entrepreneurs in the world are women entrepreneurs.According to definition given by Government of India – “A women entrepreneur is defined as an enterprise owned and controlled by woman having a minimum financial interest of 51% of…
Steps of Setting up a New Business Venture
Steps of Setting up a New Business Venture:
The steps of setting up a new venture of business are as follows:
1. Determination of The Objectives: A well thought determination objectives are the most primary factor to make a successful organization or coordinating various programmes.
2. Primary Planning: The business is exhibited through the business thinking of the entrepreneur.
3. Preliminary Investigation: It is most important, and the entrepreneur must have to investigate reg…
Intrepreneur and its Types
Intrepreneur and its Types
Concept of Intrepreneurship came in fore-font in late 80’s. Corporate Entrepreneurship is also called Intrepreneurship. Intrepreneurship is the practice of using entrepreneurial skills without taking on the risks or accountability associated with entrepreneurial activities. It is practiced by employees within an established organization using a systemized business model. Employees, perhaps engaged in a special project within a larger firm are suppos…
Business Plan Format
Business Plan FormatA business plan is the written description of the future direction of the business. It helps entrepreneur in Putting Ideas together and Preparing B-Plan Draft.
A good business plan must be developed in order to exploit the defined opportunity.
This is a very time-consuming phase of the entrepreneurial process.
An entrepreneur usually has not prepared a business plan before and does not have the resources available to do a good job.
A good business plan i…
Rural Entrepreneurship and its Types
Rural Entrepreneurship and its Types
India is a country of villages. About three-fourth of India's population are living in rural areas out of which 75% of the labour force is still earning its livelihood from agriculture and its allied activities. Land being limited is unable to absorb the labour force in agriculture. Therefore, there is a need to develop rural industries to solve rural unemployment and rural migration to cities. Growth and development of rural economy i…
ENTREPRENEURSHIP PROCESS
Entrepreneurship Process
The process of pursuing a new venture is embodied in the entrepreneurial process, which involves more than just problem solving in a typical management position. An entrepreneur must find, evaluate, and develop an opportunity by overcoming the forces that resist the creation of something new.Entrepreneurial process can be defined as the process through which a new venture is created by an entrepreneur. This process involves finding, evaluating, and de…
Micro, Small & Medium Entrepreneurs
Micro, Small & Medium Entrepreneurs
Small businesses are playing an important role in the industrial economy of the world. These are particularly important in the developing economies. Small business is predominant even in developed countries such as USA , Japan etc.
Classification of Entreprises:
In Case of Manufacturing Enterprise:
1. Micro enterprise: A micro entreprise is one in which the investment in plant and machinery does not exceed Rs.25 Lakhs.2. Small Entreprise:…
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