What is a small scale business?

Re: What is a small scale business?

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Re: What is a small scale business?

Hello Friends.........

Small scale industries are differentiated from the former by the technique of production. They use modern power driven machines and employ labour as well. The raw materials are also obtained from outside, if not available locally. These industries are larger in size than cottage industries. Their products are sold through traders beyond local markets. In many developing countries, the role of these industries are crucial as they provide employment to a large number of people. In countries like India and China, a large numberof goods such as clothes, toys, furniture, edibleoil and leather goods are produced by small scale industries

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Re: What is a small scale business?

Quick and flexible implementation

Re: What is a small scale business?

What is a small scale business?

Small Scale Businesses help every economy to achieve industrial growth and industrial diversification.

Re: What is a small scale business?

Mostly small scale industries are sounds small but they are playing a vital role in the overall economic growth, these type of industries are characterized with the special feature of adopting the labor intensive approach for commodity production and specialized in the production of consumer commodities.

Re: What is a small scale business?

Small scale industries are differentiated from the former by the technique of production. They use modern power driven machines and employ labour as well. The raw materials are also obtained from outside, if not available locally. These industries are larger in size than cottage industries.

Re: What is a small scale business?

Defination of small business is a form of business Undertaking if Investment in Fixed Assets, in Plant and Machinery, whether held on Ownership basis or on Lease or on Hire Purchase does not exceed 10 million Rupees and it is in no way owned, controlled or subsidiary of any other industrial undertaking.

Re: What is a small scale business?

When starting a business it is important that the owner be well informed and prepared for any challenge. Small Business Bible is a site intended to guide budding and experienced entrepreneurs who plan to start a new home based business or a small business firm.

Re: What is a small scale business?

Small scale industries are differentiated from the former by the technique of production. They use modern power driven machines and employ labour as well. The raw materials are also obtained from outside, if not available locally. These industries are larger in size than cottage industries. Their products are sold through traders beyond local markets.