Keeping the current scenario of the Indian business market, it has become necessary to grow a small business into a larger one, for the survival and economic well-being.
Despite being a labor-intensive industry, it requires less capital to start a small scale industry. Therefore, a lot of small entrepreneurs wish to start a small scale industry of their own. This article aims to elaborate five essential steps to start a small scale industry in India.
From initiating the business till the next big collaboration, everything depends on the way how you present it to the customers, investors and other big brands.
Are you not bored of your monotonous 9-5 job? It is time to quit your boring job and turn your hobbies into fruitful business with these trending ideas.
Micro enterprises account for 95% of total SMBs, small & medium put together hold the remaining 5% share and 55% of SMBs are located out of urban cities whereas 45% are situated in rural areas.