Start up process of small industrial unit

1. START UP PROCESS OF SMALL INDUSTRIAL UNIT

2. Small scale industries are those industries which requires low need of capital and these are labour intensive. The industries which are organized on a small scale and produce goods with the help of small machines, hired labour and power are called as small scale industries. Meaning

3. STEPS IN SETTING UP OF SMALL SCALE INDUSTRY. Idea of self-Employed Analysis of Entrepreneurial Environment Project Identification Selection of Product Selection of Organization Preparation of Project Report Location of Enterprise Arrangement of Finance Provisional Registration

4. Acquiring Machinery and Technology Apply for Power and Water Connection Recruitment and Training of Workers Installation of Plant and Machinery Procurement of Raw-Materials Commencement of Manufacturing Marketing Permanent Registration Profit Generation

5. ENTREPRENEURIAL PROJECT A PART OF SMART-UP PROCESS Definition:- According to “GILLINGER” “Project is the whole Complex of activities Involved in using Resources to Gain Benefits.”

6. CHARACTERISTICS/FEATURES OF A PROJECT Objectives 1. Life Span 2. Single Entity 3. Team Work 4. Life Cycle 5. Uniqueness

7. 6. Change 7. Uncertainty 8. Made To Order 9. Unity in Diversity 10. Sub-Contracting 11. Element of Risk

8. NEED FOR PROJECT APPRAISAL SELECTION OF SUITABLE TECHNOLOGY NON-AVAILABILITY OF EXTERNAL ECONOMIES NON-AVAILABILITY OF QUALIFIED PERSONNEL MOBILISING THE CAPITAL LACK OF KNOWLEDGE OF GOVERNMENT RULES AND REGULATIONS

9. ELEMENTS OF PROJECT APPRAISAL FEASIBILITY ANALYSIS TECHNO-ECONOMIC ANALYSIS PROJECT DESIGN AND NETWORK ANALYSIS INPUT ANALYSIS FINANCE ANALYSIS SOCIAL COST BENEFIT ANALYSIS PROJECT APPRAISAL