Professional Documents
Culture Documents
- Are you a persistent person who has got patience, endurance and the
ability of movement?
- Do you have the skill to negotiate with others?
- Do you have an idea; even a simple one; about feasibility studies?
- Are you experienced in the field of the project which you intend to
establish?
- Do you recognize the entities you shall deal with?
- Do you know your customers “your project target group”?
Establishing Small Enterprises
- Do you have the skills of small enterprises
management?
- Do you have market knowledge?
- Do you have funding resources knowledge?
- What is your information about dealing with
taxes and insurance entities?
If we honestly answer the above questions;
and are totally convinced with the idea of
small enterprises; we can start immediately to
study a small enterprise, before beginning to
establish it of course.
Many specialists have classified enterprises as
follows:
- Micro-Enterprises
- Small Enterprises
- Medium Enterprises
- Large Enterprises
- Gigantic Enterprises
- Transcontinental Enterprises
A project is defined as a small enterprise if it has
the following features:
- The number of its employees is between 5 -15.
- The project managers are its owners “a dominant
feature”
- Its ownership belongs to one person or a small
group of people.
- The project practices its business in a local area.
- The project is characterized with its small size
and limited activity.
Business domains for small Enterprises:
- Industrial
- Commercial
- Service
- Agricultural
The importance of small enterprises can be
summarized in the following points: