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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.
Entrepreneurship is a major factor in economic development and growth. Entrepreneurship produces both small businesses and large corporations that provide jobs and fuel the economy with more money.
Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?
maximum investment allowed for small scale industry
M. C. Gupta has written: 'Entrepreneurship in small scale industries' -- subject(s): Entrepreneurship, Industrial surveys, Small business
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.
the minimum paid up capital of a small scale industry should be 5 lakh
Small business just means a group below a certain size, with the benefits and drawbacks of operating on the smaller scale. Entrepreneurship refers to the spirit of enterprise, usually in people rather than groups, and it can apply on the big or small scale.
it provies raw materials for other large scale industries
There are three types of industry. They are cottage and small-scale industry medium and large-scale industry tourist industry
jhand
Micro entrepreneurship involves a very small business and close personal involvement on the part of the entrepreneur. Macro entrepreneurship involves larger businesses that seek to make an impact in the industry.