Points
which entrepreneurs need to keep in mind while starting their own business
touched upon by experts.
The trend of
setting up own business is picking up these days. However, not everyone is well
equipped with the process involved in doing so. In a bid to help such
entrepreneurs and make them aware of the process involved, deAsra Foundation
had arranged a workshop on Saturday at S M Joshi Sabhagruha in Navi peth.
The workshop
had Mrs Vaishali Aparajit, Senior Udyog Mitra, Mr Arun Vartak,
Mentor at deAsra Foundation addressing people.
“deAsra
Foundation aims at helping aspiring businessmen and makes their business set-up
faster and smoother. Our comprehensive 3-step approach helps small business
entrepreneurs launch and grow a profitable and sustainable business,” said
Vaishali Aparajit, Senior Udyog Mitra.
Adding to
this, Arun Vartak, Mentor at deAsra touched on the things that an
entrepreneur needs to start a business. “ Where should I start the
business, like the Business place – location, rented, owned or What other
infrastructure I will need as in the Business set up – process,
machines/equipment, work-force, raw material, power etc and What
compliances I will need i.e permissions,
registrations which are some pertinent things in any start up. We
help people solve those,” he said.
The workshop
also touched upon funds and Source of Funds/ Funding schemes from banks. Some
of the points which were touched upon included,
• Own
capital
• Loan
from relatives / friends
• Long
term deposits
• Seed
funding
• Crowd
funding
• Bank
Loan: Short term, long term
loans
• Loans
under different schemes. Govt. schemes
It is not
just the commencement of the business that matters, but one also needs to
ensure its sustenance. The workshop helped counsel people on various aspects of
sustainability as well. Points such as adequacy of sales/continuous demand for
the product, yearly sales and its associated cost, profit and its growth in
subsequent years were also looked at For Ensuring Commercial Viability of
the Business. Moreover, no business can survive the test of time without a
sound marketing strategy. Hence, such support is also ensured by deAsra
Foundation.
The workshop
shared many such valuable insights which are beneficial for anyone looking to
become an entrepreneur.
