Thursday, February 7, 2008

the Enterpreneur

Steps on starting a new enterprise

Market Survey

Size of market in crores
competitors
market share expected
location of markets
competitors pricing
raw material suppliers
present technology
product life
ROI

Plant

Location/ Area
Budgets

Machinery

Selection of machinery
sources for machinery

Working Capital

estimation for raw material and finished goods stocks
debtors

Sources of funding

equity
borrowings

Purchase of Plant and Machinery

Plant Layout

Organization Chart

Manpower recruitment

Training

Prototype design and development

Prototype testing

Field trials

Securing Orders

Purchase of Raw Materials

Commercial production start

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