1. problems of raw material 2. problems of finance 3. problem of marketing 4. problem of under utilization of capacity 5. other problems-technological obsolescence,inadequate and irregular supply of raw materials,lack of organised market channels,imperfect knowledge of market conditions ,unorganised nature of operations ,inadequate availability of credit facility,constraint of infrastructure facilities including power etc.and deficient managerial and technical skills
land, water, octroi, labour, managerial skill, quality, marketing, capacity utilisation, technology, global competition, sickness, finance,and raw material etc.
what are the problems of setting up small scale business what are the problems of setting up small scale business
limitations of small scale industries
The industries which are organised on a small scale and produce goods with the help of small machines,hired labour and power are called as small scale industries
maximum investment allowed for small scale industry
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land, water, octroi, labour, managerial skill, quality, marketing, capacity utilisation, technology, global competition, sickness, finance,and raw material etc.
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what are the problems of setting up small scale business what are the problems of setting up small scale business
The Main problem faced by a small scale industry in getting financial help from the commercial banks are 1. Lack of Credit worthiness
When preparing the questionnaire, you want to make sure the person is able to write down their comments in detail. You want to know what types of problems they are facing, such as insufficient funds.
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When preparing this type of questionnaire, you want create questions where the owner can let you know of his problems. You should also have a spot in the questionnaire, where they can leave comments.
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.
In Australia, early European explorers faced problems such as:shortage of food and rationsshortage of waterattack from aboriginal tribespoor maps and navigation systems
The problems of small scale industries in Nigeria include corruption, insecurity and poor infrastructure. The prospects on the other hand include engaging foreign traders in business so as to grow the economy.
poor financial performance in small scale bussiness