Institutional Support Functions to Small Entrepreneurs in India
Many entrepreneurs and especially those in small-scale sectors have technology related knowledge to take care of production and quality aspects. They require lot of guidance and support in the beginning stage and production stage of the industry in various project and business related activities. The important areas they need guidance are project report preparation, location and layout of plant, selection of men and machinery, competition level, various marketing aspects, various types of finance facilities and Government assistance and subsidies. The support functions will extend necessary guidance and provide inputs and help industries in moulding during initial stages of an enterprise. Any industry will have teething problems and uncertain situations in the initial phases of the organisation.