How to Setup New Ventures

Group Members
 Janhavi Raut  Rani Chachad  Seema Shaikh  Shamika Sawant  Shraddha Girap

77 93 94 95 106

Layout
 Introduction  Project, Project Planning & Project Report  Feasibility Study & Feasibility Report  Location of Business Unit  Environmental Problems  Steps in Setting up of Small Business

Enterprise

Project
 A Project is a work-plan to achieve certain

objectives within specific period.

 A Project may be prepared for starting a new

factory or a plant or it may be prepared for expansion or modernization of the existing enterprise.

Steps in Project Planning

    
    

Discovery of business opportunity Preliminary investigation of the project Technical requirement study Initial feasibility study Final preparatory step
Determining capital requirement Framing programmes Preparing programmes Preparing designs of structures and processes Determining the work flow

Project Report
 The project report is a summary of project

planning.
 It contains details regarding technical,

financial, marketing and managerial aspects of a project.

 Advantages of Project Report
 Useful for taking bank loans  Quick reference  Controlling device  Base for feasibility study

Feasibility Study
 Feasibility study of a project means to find out the

practical utility or the future aspects of a project.

 Areas of Feasibility study:
 Technical  Economic/market  Commercial/financial  Managerial

 Feasibility report is a document prepared after

completing different types of feasibility studies.

Location of Business Unit

 The profitability & performance of a business

unit are very much influenced by the size of the business, location & the layout.
 Benefits of Scientific Location  Factors Influencing the Location of a Business

Unit
 Primary factors  Secondary factors

Steps in the Selection of Location

1.

Selection of a Region

2. Selection of Locality 3. Selection of Site

Business Environment
The following are the important types of environment: 1. Political Environment 2. Economic Environment 3. Social and Cultural Environment 4. Technological Environment 5. Demographic Environment 6. Natural or Physical Environment 7. International Environment

Steps In Setting up of a Small Business Enterprise

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Selection of a Project Decide on the constitution Registration Obtain Clearance from department as applicable Arrange of land/shed Arrange for plant and machinery Arrange for Infrastructure Prepare the Project Report Apply & Obtain Finance Implement the project and obtain final clearance

Thank You