Published on January 17, 2009
Setting up Small Enterprise
Steps in setting up small enterprise Deciding to go in to business Analysing Strengths / Weaknesses Product Selection Market Survey Forms of ownership Location
Deciding to go in to business
Analysing Strengths / Weaknesses
Forms of ownership
Steps in setting up small enterprise 7. Technology 8. Machinery and Equipment 9. Project Report 10. Finance 11. Power Connection 12. Installation of Machinery
Steps in setting up small enterprise 13. Recruitment of Manpower 14. Raw Material 15. Production 16. Marketing 17. Quality
Small Business Management 5 Steps Plan Organise Co-ordinate Lead Control
Planning Set Objectives Outline Procedures Assign Responsibility What do you want to achieve? How will you achieve your objectives? Which people and what skills are needed?
Planning Answer these questions! What is to be done? When will it be done? Where will it be done? Who will do it? How will it be done?
Organising Determine all work that needs to be done Divide work logically to be comfortably performed by individuals Aggregate the work // Departmentalization Co-ordinate work Design Organizational Structure
Leading Set a direction for your enterprise towards achieving organizational goals
Co-ordination Ensure no overlap of duties and no job is left undone Left hand knows what the Right hand is doing
Controlling Continuously check actual results against desired results Make changes in work orders, methods or materials
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Setting Up Micro, Small or Medium Enterprise GENERAL INSTRUCTIONS 1. MEMORANDUM IS TO BE FILED WITH THE DISTRICT INDUSTRIES CENTRE*, BY