Analyze the process forstarting a jewellery enterprise.
12.00
Unit I:
Entrepreneurship
Introduction to entrepreneurship, development of entrepreneurship, role of entrepreneurs in development of Jewellery industry, entrepreneurship with reference to Jewellery industry in India
Difference between Wage Employment and Entrepreneurship
Difference between Entrepreneur and Entrepreneurship
Role of Entrepreneurship in Starting a New Business
Entrepreneurial support by state, central financial institutions, organizations. Government policies with reference to Gem and jewellery industry
12.00
Unit V:
Business planning
Business planning- Starting a new venture related to Jewellery industry
Formulate a Business Plan, Formalities of opening a firm, the status of firm, Individual proprietor/partnership/ Pvt. limited company & public Ltd company
Bank formalities, term loan, working capital, project financing.
Examine trends and new products, Identify and profile industry competitors.
Factor societal impact into production decision making, Estimate environmental impact of production processes
Essential Readings:
Khanka, S. S. (2006). Entrepreneurial development. S. Chand Publishing.
Sudha G.S. (2015).Entrepreneurship and Small Business Management, Ramesh book depot.
Boothroyd Setting up a Successful Jewellery Business
Gupta, C.B. and Srinivasan, P(2015). Entrepreneurship Development, Sultan Chand & Sons, New Delhi
References:
Mathew, M. J. (2009).BusinessOrganisation, University book house (P).