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Varies by industry. You want to start a business? To oversimplify: You need resources tools, car, massage oil whatever lets call all these resources LAND You need people, at least yourself that has to get paid, or otherwise you COULD work for someone else and get paid. Cal;l this labor You need money to pay for what we called LAND and LABOR depending on how long it'll be before you can pay the people back either as in loans with interest or dividends for people who invested in biz. Call investors $ capital. And just as YOU could work elsewhere and are giving up salary, investors (including yourself) could put the money in a bankand earn interest or do something else with the $
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What is capital of small scale industry?
the minimum paid up capital of a small scale industry should be 5 lakh
What is the upper limit of the financial investment which separates a small scale industry from large scale industry in India?
it is 5 crore
What is the role of working capital in respect of small scale industries?
In small businesses, working capital helps managers meet their monthly obligations. With working capital, managers can pay payroll expenses and utilities.
Problem and solution of small scale business?
Small scale businesses don't have the same amount of capital as larger businesses. In order to overcome this, they have to think strategically in all endeavors.
Disadvantages of small scale industries?
Financial constraints, price disadvantages, a lack of marketing and distribution network, and a burden from the government are all disadvantages commonly faced by small-scale industry.
What is capital of small scale industry?
the minimum paid up capital of a small scale industry should be 5 lakh
What is the maximum capital investment in small scale industry?
maximum investment allowed for small scale industry
What is the difference between a cottage industry and a small-scale industry?
A cottage industry typically involves individuals working from their homes, producing goods on a small scale. In contrast, a small-scale industry involves a small business entity that operates on a slightly larger scale than a cottage industry, often employing a small number of people and having a formal workspace.
What is capital for small scale industry?
Small scale industries are those whose capital investment 1 crore on plant and machinery is called SSI
How large scale industries differ from small scale industries?
Large scale industries refers to those industries which require huge infrastructure, man power and a have influx of capital assets.Their investment or capital is generally more than 1 crore. Small scale industry means an industry that has capital less than 1 crore. Almost all items can be manufactured in a small scale industry, but there are large scale manufacturing activities like rolling mills, extrusion presses, pilger mills etc., that cost much more.
What is the procedure for starting a small scale industry?
Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?
List of small scale industry?
Some of the trades in the small scale industry include weaving, sculpting and tailoring. Landscaping, daycare centers and nanny care jobs also fall in small scale industry.
What are the examples of small scale industry?
The industries in India which are organised on a small scale and produce goods with the help of small machines, hired labour and power, are the small scale industries . In India, the investments required should not be more than Rs. 1 Crore for small-scale industry
How small scale industry help large scale industry?
it provies raw materials for other large scale industries
How do you start samll scale industries?
Starting a small scale business or industry will take capital, a location, and manpower. You also need to check with your state regulations and file the proper paperwork to open and own a small business.
How many types of industries are there?
There are three types of industry. They are cottage and small-scale industry medium and large-scale industry tourist industry
Difference between large scale industries medium scale industries and small scale industries?
The difference between large scale industries, medium scale industries and small scale industries is found in three areas. It depends on the number of employees each industry employs, the amount of capital that was invested and the availability of the company's assets.
