Documente Academic
Documente Profesional
Documente Cultură
Company Formation
Proper consideration towards venture ownership before establishment. It must be based on sole or in multiple combination of -- Investment capacity -- Technical competency -- Managerial ability -- Salesmanship -- Limitations if any In general the ownership may be of following types -- Individual Proprietorship -- Family Partnership -- Partnership with individuals who are not family members -- Private limited company -- Limited company -- Co-operative society and -- Private Trust its
Movable Assets
Factory cars and vehicles Work managers Technical know how Promoters and experts Infrastructure
Sundry Assets
Power stations, Bore wells, Water tank, Fire fighting etc. Equipments and Balance Sheet Items (Loan interest etc.) Working manpower and workers
Infrastructure Road and Transport facilities Telecommunications Electricity and water supply Post office, banking, medicine, catering etc. Marketing Activities Product Testing Testing of the marketing mix Advertising, publicity and sales promotion & Market intermediaries Organization Structure Decision of hierarchy Role as per hierarchy Accountability of the hierarchy Formulation of operational manual Monitoring and Control Sales analysis and profitability analysis Expenditure and liquidity analysis
Staffing
Identification of need in terms of necessary knowledge, skills and abilities to perform the desired job at all stages of enterprise development. Principle of effective staffing is to be observed. The feasibility of outsourcing
Performance Management
This is essential for survival and competency of the enterprise This is must for manpower retention To organize training program To establish training needs and goals To choose most practical training methods To evaluate the result and the outcome On the Job Training Preparation, Demonstration, Application and Inspection Performance Appraisal Personal Development, Personal planning, Motivation, Reward and Communication Management by Objectives Adequate Compensation KRA and Accountability and Job Satisfaction
Energy Problem
Power connection not provided on time. Power company asks for deposits which are not funded To decide the load factor and thus installation is very tedious
More delay in registration process Lack of coordination between bank and the DICs Delay in recommendation of quota for raw materials Loan recommendation from DIC is time taking always.
Promoters Problem
Delay in preparation of project reports specifically for small units EDP participants gets low priority from promoters.
Marketing Problems
Lack of marketing efforts by entrepreneurs and lack of govt support Competition and price wars