Finances, fund, and capital are essentially required for the promotion of an entrepreneurial venture. Without it, no entrepreneur can materialize his ideas or dreams. The entrepreneur should keep several elements into consideration, while arranging for the capital on the finances, as the nature of the enterprise, size of the enterprise, production technique, promoting … [Read more...] about Sources of Capital for Entrepreneurial Venture – Explained
Entrepreneurship
Promotion of Entrepreneurial Venture: Explained with Example
Promotion is the first stage for advancing towards the stability and formation of the enterprise/industry/business. This is the stage in which the idea of starting an industry emerges in the mind of an individual (entrepreneur) and he makes necessary inquiries and investigations. Besides, a detailed programme is chalked about how the necessary resources (human, raw … [Read more...] about Promotion of Entrepreneurial Venture: Explained with Example
37 Essential Qualities of Successful Entrepreneur (Must Know)
The scholars do not have the unanimous opinion about the qualities of the entrepreneur, because the entrepreneur has to start right from the establishment of the industry, to make available the commodities in the market, and has also to provide services to the consumers and customers even thereafter. So, there are so many must have qualities of a successful … [Read more...] about 37 Essential Qualities of Successful Entrepreneur (Must Know)
10 Components or Elements of Planning (with Examples)
The successful achievement of the objectives of any institution highly depends on planning. So, important components and elements are included in planning, on whose basis, the future execution of the institution may be possible. We know that planning is a process consisting of various elements or components. The scope of planning is determined by the … [Read more...] about 10 Components or Elements of Planning (with Examples)
What are The Steps in Organizational Planning Process
During the organizational planning process, various steps or stages are the determination of objectives, the establishment of assumptions of planning, evaluation of alternative modalities, selection of best modality and formulation of subsidiary plans, etc. Planning is fundamentally choosing and a planning problem arises only when an alternative course of action is … [Read more...] about What are The Steps in Organizational Planning Process