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Entrepreneurship Development and Small Business Enterprises

Book Description

In the present economic scenario, entrepreneurial development has assumed increased significance because the objective of industrial development, regional growth, and employment generation depend greatly on it. In fact, entrepreneurial development is a key to economic development. Similarly, small-scale industries and small business enterprises today constitute a very important segment in the Indian economy, and are also closely linked to entrepreneurial and economic development. However, the process of liberalization and economic reforms since 1991, though creating tremendous opportunities for the growth of entrepreneurship and SSIs, have thrown up new challenges of building competitive strengths, introducing technology up-gradation and quality improvement, and increasing productivity. Entrepreneurship Development and Small Business Enterprises examines these issues and offers valuable input and insight to students of this subject. Enriched by the author's rich experience in both industry and teaching, it successfully reduces the gap between practical industry experiences and theoretical institutional studies by giving real and practical examples.

Table of Contents

  1. Cover
  2. Title Page
  3. Contents
  4. About the Author
  5. Preface
  6. 1. Modern Small Business Enterprises
    1. Role of Small-scale Industries
    2. Concepts and Definitions of SSI
    3. Government Policy and Development ofthe Small-scale Sector in India
    4. Growth and Performance of Small Scale Industries in India
    5. Third All India Census of SSI Sector
    6. Small and Medium Enterprises (SME) in Other Countries
    7. Problems for Small-scale Industries
    8. Prospects of the Small-scale Industries in a Free Economy
    9. Summary
    10. Key Words
    11. Exercises
    12. References
    13. Annexure 1.1
    14. Annexure 1.2
  7. 2. Entrepreneurship
    1. Importance of Entrepreneurship
    2. Concepts of Entrepreneurship
    3. Characteristics of a Successful Entrepreneur
    4. Classification of Entrepreneurs
    5. Myths of Entrepreneurship
    6. Entrepreneurial Development Models
    7. Problems Faced by Entrepreneurs and Capacity Building for Entrepreneurship
    8. Profiles of Successful Entrepreneurs
    9. Summary
    10. Key Words
    11. Case Studies
    12. Exercises
    13. References
  8. 3. Women Entrepreneurs
    1. Women Entrepreneurship Defined
    2. Women Entrepreneurship Environment
    3. Ghallenges in the Path of Women Entrepreneurship
    4. Strategies for the Development of Women Entrepreneurs
    5. Empowennent of Women by Entrepreneurship
    6. Grassroot Entrepreneurship through Self-help Groups (SHGs) III
    7. Institutions Supporting Women Entrepreneurship in India
    8. Women Entrepreneurs in India
    9. Profiles of Successful Women Entrepreneurs
    10. Women’s Organisations Supporting Women’s Entrepreneurship
    11. Summary
    12. Key Words
    13. Case Studies
    14. References
  9. 4. Institutions Supporting Small Business Enterprises
    1. Introduction
    2. Central level Institutions
    3. State level institutions
    4. Other Agencies
    5. Industry Associations
    6. Summary
    7. Key Words
    8. Exercises
    9. References
    10. Annexure 4.1
  10. 5. Setting Up a Small Business Enterprise
    1. Identifying the Business Opportunity
    2. Business Opportunities in Various Sectors
    3. Fonnalities for Setting Up of a Small Business Enterprise
    4. Environment Pollution Related Clearances
    5. Summary
    6. Key Words
    7. Exercises
    8. References
    9. Annexure 5.1
    10. Annexure 5.2
    11. Annexure 5.3
    12. Annexure 5.4
  11. 6. Family Business
    1. Importance of Family Business
    2. Various Types of Family businesses
    3. History of the Family Business
    4. Responsibilities and Rights of Family Shareholders of a Family Business
    5. Succession in Family Business
    6. Pitfalls of the Family Business
    7. Strategies for Improving the Capability of a Family Business
    8. Improving Family Business Performance
    9. How to Overcome Nepotism in Family Businesses
    10. Management Development Plan in Family Business
    11. Family Reunion Games Promote Family Values
    12. How to Save the Family Business
    13. Seasonal Nature of the Business
    14. Summary
    15. Key Words
    16. Case Studies
    17. References
  12. 7. Sickness in Small Business Enterprises
    1. Definition of Sickness and Status of Sickness of SSIs in India
    2. Highlights of Third All-India Census on Sickness in SSI
    3. Criteria to Identify Sickness/lncipient Sickness
    4. Causes for Sickness/lncipient Sickness in SSI
    5. Symptoms of Sickness
    6. Cures for SSIs’ Sickness
    7. Case Studies
    8. Summary
    9. Key Words
    10. Exercises
    11. References
  13. 8. Strategic Management in Small Business
    1. Organisation Life Cycle
    2. Strategic Management
    3. The Essence of Business Ethics
    4. Summary
    5. Key Words
    6. Exercises
    7. References
    8. Worksheet 8.1
    9. Worksheet 8.2
    10. Worksheet 8.3
    11. Worksheet 8.4
    12. Worksheet 8.5
    13. Worksheet 8.6
    14. Worksheet 8.7
    15. Worksheet 8.8
    16. Worksheet 8.9
  14. 9. Financial Management in Small Business
    1. Importance of Financial Management
    2. Working Capital Management
    3. Accounting and Book Keeping
    4. Financial Statements
    5. Financial Ratio Analysis
    6. Summary
    7. Key Words
    8. Exercises
    9. References
  15. 10. Marketing Management in Small Business
    1. Importance of Marketing
    2. Customer Relationship Management (CRM)
    3. Marketing of Services
    4. Export Marketing
    5. Summary
    6. Key Words
    7. Case Studies
    8. References
    9. Annexure 10.1
  16. 11. Production Management in Small Business
    1. Production Management
    2. Materials Management
    3. Productivity
    4. Break-Even Analysis
    5. Total Quality Management
    6. Environmental Management System
    7. Summary
    8. Key Words
    9. Exercises
    10. References
  17. 12. Human Resource Management in Small Business
    1. Importance of Human Resource Management
    2. Human Resource Development
    3. Industrial Relations, Labour Laws, and Environmental and Pollution Control Laws
    4. Summary
    5. Key Words
    6. Exercises
    7. Case Studies
    8. References
  18. Acknowledgements
  19. Copyright