5
Setting Up a Small Business Enterprise
These budding entrepreneurs from Andhra Pradesh, India, are preparing to set up a small business enterprise.
‘Long-range investing under rapidly changing conditions, especially under conditions that change or may change at any moment under the impact of new commodities and technologies, is like shooting at a target that is not only indistinct but also moving and moving jerkily at that.’
—JA Schumpeter
Learning Objectives
To identify the business opportunities
To understand the procedure for setting up of a small-scale industrial unit
To present a business plan
IDENTIFYING THE BUSINESS OPPORTUNITY ...
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