Thing's to consider before start up
Small business is initially consider as opportunity for anyone as start up.One of the most important factor that plays important role in small business is it's product.
Government agencies also govern the manufacturing companies.
Making the choice for small business
Making the right choice of product in small business plays an important role.
Following factor should consider during product conceptualization of small
business.
- Depth and width of the product.
- Packaging.
- Branding.
- Warranties.
- Availability of raw material.
- Process technology.
- Incentive.
- After sale service
Technology and process for small business
It consist of choosing the right machinery.Most of the technology has been developed at various labs and institution.One can take benefit of these technology.Safeguard also needed for small business.
Arranging funds for small business
One can take funding from various organisation based on his/her
business model.
Following are the list for funding.
- Seed capital
- Unsecured loans.
- Angel investment.
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