ERTERPRISE DEVELOPMENT

STEPS TO START AN ENTERPRISE – Part II


e) IMPORTANT TASKS

*Identification of suitable project/product/enterprise and prepare bankable project report

*Creation of proprietorship/partnership firm/Company/Society/Self-Help Group (SHG), etc

*Filing of Memorandum (EM) with DIC

*Accessing to Bank Loans, Admissible capital subsidy/assistance under various schemes of the central/state Govt. and other agencies/organizations/FIs/Banks

*Establishment of Factory Buildings/Office

*Obtaining Sanction of Power connection

*Selection of Appropriate Technology, installation of Plant &Machinery/office equipment.

*Obtaining various registrations/ licenses/ clearances/ NOCs etc. from concerned regulatory agencies/Govt. Departments/Local Bodies/Municipal Authorities, etc.

*Allotment of PAN no. /Service Tax/Sales Tax/VAT Registration, etc.

*Sanction of Working Capital Loan from Bank

*Arranging tie-up with raw material suppliers

*Preparation and implementation of marketing strategy for the product/service and market development

*Establishment of linkage with a mentor(s) for providing guidance in future

*Creation of web page and e-mail

*Trial Production & Test marketing

*Regular Production & Marketing

*Loan repayment

f) Micro, Small& Medium Enterprises

Enterprises have been broadly classified into: As per MSME Act 2006

i) Enterprises engaged in the manufacture/production of goods pertaining

to any industry

ii) Enterprises engaged in providing/rendering of services

Manufacturing enterprises have been defined in terms of investment in plant & machinery (Excluding Land & Buildings) and further classified into :

Micro Enterprises - Investment upto Rs. 25 Lakhs

Small Enterprises - Investment above Rs.25 lakhs
& up to Rs.5 crores

Medium Enterprise - Investment above Rs.5 crores
& up to Rs. 10 crores

Service enterprises have been defined in terms of their investment in Equipment (Excluding Land & Buildings) and further classified into:

Micro Enterprises - Investment up to Rs. 10 Lakhs

Small Enterprises - Investment above Rs.10
Lakhs & up to Rs.2 crores

Medium Enterprise - Investment above Rs.2 crores
and up to Rs.5 Crores