Entrepreneurial Development
Module 2
The Entrepreneurs selected their products or projects based on:
- Their own or partners’ past experience in that business line
- The Government’s promotional schemes and facilities offered to run some specific business enterprises
- The high profitability of products
- Which indicate increasing demand for them in the market?
- The availability of inputs like raw materials, labour, etc. at cheaper rates
- The expansion or diversification plans of their own or any other ongoing business known to them
- The products reserved for small-scale units or certain locations
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