A SEMINAR REPORT ON SMALL BUISENESS MANAGEMENT

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    A SEM IN AR REPO RT

    O NSM ALL BU ISEN ESS

    M AN A G EM EN T

    Presented by:

    Priya DeyB.Com. 6th Sem

    Roll No. - 57

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    A micro enterprise is the smallest size ofbusiness enterprises in a country. Suchenterprises are mostly in informal sector and

    very few of them have access to theconventional banking system. Theentrepreneurs are mostly belonging to theeconomically disadvantages or weaker sectionsof the society. Financing stands as a greatchallenge towards growth and development ofmicro enterprises. They are mostly nance

    through private sources and in some countriesmicro nance institutions and N!s withsupports from government and other termlending institutions give nancial

    accommodations to such enterprises which

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    %y concept &S'A(( )NT)*+*,S)S- are thebusiness entities with certain ocial norms or

    /ualications0 which may vary from onecountry to another or even within the samecountry at di1erent point of times. ,n ,ndia0 at atime0 the term &S'A(( )NT)*+*,S)- was

    known by di1erent names as &S'A((,N23ST*4-0 &S'A(( 3N,T-0 &S'A(( S5A(),N23ST*4-0 etc.

    The definition of “MICRO AND SMALL ENTERPRISE”is not a universal one. Different ountries of the !orld

    at different ti"es# have defined the ter" in different

    !a$s to "eet the needs of ti"e and %ae.  

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    TOP TEN !"CRO #ND S!#$$B%S"NESS "DE#S&%N"TS•School and !ce supplies•5ustomized 6ewelry•reeting 5ards•Fast food *estaurants• Thrift Shops•*ental Service•

    2igital +hotography•7ooden Furniture 'aking•"ome decorations•

    +aintings

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     These are the top ten Small Scale %usinessideas in ,ndia that we ought to try. They arealmost guaranteed to give us steady sources of

    income and make us earn reasonable amountof prot.

    "ence0 an increase in real per capita income ofa person result in economic development of acountry.

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    RO$E O !"CRO #ND S!#$$ ENTERPR"SES "N"ND"#N ECONO!':

    )conomic development leads to a better standard of

    living0 higher national income0 higher per capitaincome0 better education and encourages highersavings and investments. 8arious advantages of smallscale industries to highlight the role of this sector are9

    &eneration of )mployment&Self )mployment&(esser 5apital *e/uirement&'obilization of 5apital&'obilization of )ntrepreneurial Skill&)/uitable 2istribution of ,ncome&%alanced *egional 2evelopment&Savings in Foreign ):change

    &;uick ,nvestment&

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    RO$E O !"CRO #ND S!#$$B%S"NESS: # BR"E ($OB#$

    PERSPECT")E

    The "iro and s"all 'usiness setor has o"e to ou%$ a

    %ivotal %osition in the eono"i d$na"is" of develo%in(

    ountries. A reent stud$ indiated that in the fast advanin(eono"$ li)e China S"all Enter%rises have 'een the

    “*AC+*ONE” of the ountr$,s eono"i transition to a "ar)et

    oriented# industriali-ed o%en eono"$# there'$ %ro"%tin( a

    transfor"ation of the (overn"ent,s role in the eono"$. In the

    s%here of e"%lo$"ent (eneration# the ontri'ution of s"all'usiness setor is ver$ si(nifiant. 

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    =?@

    3SA

     6A+AN

     TA,7AN

    S,NA+!*)

    CO%NTR ' 

    S!#$$ ENTERPR"SE S*#RE PERCENT#(E O T*E TOT#$E!P$'!ENT +"N ,

    3SA =

     TA,7AN ?@S,NA+!

    *)

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    ,n ,ndia0 'icro and Small enterprises are usedas an ecient tool of progress. ,n fact0 today ithas become a vibrant and dynamic sector and

    has been playing a signicant role in the socioeconomic development of the country for morethan last si: decades. Any discussion on therole of micro and small enterprises in economic

    development of a country will much better befacilitated if we e:amine it with relevantparameters. , am0 therefore0 presenting a dataunder small scale units in ,ndia which includes

    micro enterprises also.

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      1994-95 2007-08 GROWTH RATE

     Number of Micro an !ma""En#er$ri%e% 79&'0 (ac 1))&'8 (ac 4&10*

    +rouc#ion 10911' ,r& 5)2979 ,r& 1)&'0*

    Em$"omen# 191&4 (ac )22&) (ac& 4&07*

    E.$or# 290'8 ,r& 177'0 ,r& 1'&2'*

    BBC

    DEC

    BBC

    DC

    Number of 'icro and Small

    )nterprises

    +roduction

    )mployment

    ):port

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    From the above discussion0 nally it is rightlysaid that 'icro and Small )nterprises are Gobproviders and technological innovators. They

    served as the engines of growth in anyeconomy. Today0 these units have occupied aprominent place in the global market.)mpherical studies have shown that micro and

    small enterprises are an important vehicle formeeting the growth and e/uity with social

     Gustice potential obGective of developingeconomies. And0 at last it is encouraging tomention that the micro and small scaleenterprises account for D=C of the total industrial employmentand about =C of the total e: orts of the

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    B"B$"O(R#P*' 

    &  &S'A(( %3S,N)SS 'ANA)')NT +*,N5,+()S

    AN2 +*A5T,5)S- H *ANA %,6!4 2)%

    & &A handy guide to Small %usiness 'anagement-

    .%.2s )2,T!*,A( %!A*2

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     Thank 4ou