Thursday, December 27, 2007

How can i start small scale industry? -

specially for auto sector

(a)Decide what kind of industry you want to start in the auto sector (i:e to manufacture what?) Analyse market demand for the product before deciding.(b) Visit some other small scale industry engaged in the same activity, even if it needs persuading, requesting, begging a potential competitor.You may take help of industry associations or government organisations for this (c)Learn the process and make a list of things you need for starting (d)Identify people who with whom you will work in the initial days and check their availability (e)Calculate approximate cost of the project (f) Arrange the money or approach a Bank for a loan after arranging your own investment component(called margin) (g)Obtain all necessary permits,licences as applicable to your industry (h)Buy the equipments/machines (i) Now you are ready to START. Good Luck.

Hey I don t know much about these things but one thing I ll never forget my dad always used to tell us ADVERTISING is a huge key to success! I know there was this printing company in NEW YORK called SuperFinePrinting he used to get really nice brochures made by them and nice flyers! Well good luck hope you make money!

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