Guidelines for Prospective Entrepreneur
GOVT. OF INDIA
DEVELOPMENT COMMISSIONER (MSME)
MINISTRY OF MICRO, SMALL & MEDIUM ENTERPRISES
How to an activity for self-employment?
For selecting an activity or enterprise, you will have to consider the following significant issues:
Where do you want to promote the enterprise?
What resources are available near the location of the enterprise?
What kind of market or consumer pattern exists near the site of enterprise?
What kind of contacts you have to exploit to your advantage for marketing of the product?
What infrastructure is available at the location of your enterprise?
How much capital is available?
Other considerations including availability of skilled manpower, raw material, technology etc. are also to be taken into account before you narrow down your choice for selection of industry or activity
Making a Product Choice for Small Scale Units in India
Updated 11 April 2017, 21 August 2016