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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