Setting Up Small Enterprises
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Transcript of Setting Up Small Enterprises
![Page 1: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/1.jpg)
Setting up Small Enterprise
![Page 2: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/2.jpg)
Steps in setting up small enterprise
1. Deciding to go in to business
2. Analysing Strengths / Weaknesses
3. Product Selection
4. Market Survey
5. Forms of ownership
6. Location
![Page 3: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/3.jpg)
Steps in setting up small enterprise
7. Technology
8. Machinery and Equipment
9. Project Report
10. Finance
11. Power Connection
12. Installation of Machinery
![Page 4: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/4.jpg)
Steps in setting up small enterprise
13. Recruitment of Manpower
14. Raw Material
15. Production
16. Marketing
17. Quality
![Page 5: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/5.jpg)
Small Business Management
5 Steps
Plan
Organise
Co-ordinate
Lead
Control
![Page 6: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/6.jpg)
Planning
Set Objectives
Outline Procedures
Assign Responsibility
What do you want to achieve?
How will you achieve your objectives?
Which people and what skills are needed?
![Page 7: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/7.jpg)
PlanningAnswer these questions!
What is to be done?
When will it be done?
Where will it be done?
Who will do it?
How will it be done?
![Page 8: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/8.jpg)
Organising
Determine all work that needs to be done
Divide work logically to be comfortably performed by individuals
Aggregate the work // Departmentalization
Co-ordinate work
Design Organizational Structure
![Page 9: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/9.jpg)
Leading
Set a direction for your enterprise towards achieving organizational goals
![Page 10: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/10.jpg)
Co-ordination
Ensure no overlap of duties and no job is left undone
Left hand knows what the Right hand is doing
![Page 11: Setting Up Small Enterprises](https://reader036.fdocuments.in/reader036/viewer/2022082700/54920493b47959a11b8b465c/html5/thumbnails/11.jpg)
Controlling
Continuously check actual results against desired results
Make changes in work orders, methods or materials