Académique Documents
Professionnel Documents
Culture Documents
2.
3.
Follow the local rules and regulations for starting the industry.
4.
Apply for loans and others advance from banks and financial institution.
5.
procuring materials.
6.
7.
product.
8.
9.
10.
11.
electronic devices. This type of remote control is less expensive and more reliable
compare to other type of methods.
2.
So the
manufactured by the industry is quick made to sell. On the other hand the electronic
components and the other accessories are easily purchases from the near town or
city. Further the land price should be less.
3.
Apply for Loans and Other Advances from Bank and Financial
institutions:
One of the essential requirements for self employment venture is capital with
the nationalization of major commercial banks the credit to small scale industries is
made available on priority.
The bank primarily looks to the soundness of your proposed point for applying
the loan for a small scale industry as given below.
1.
2.
From time to time the government of India notices list of small scale industries
which are to be discouraged.
3.
4.
5.
Never to start the unit without adequate investment. At the time of starting the
unit we should have sufficient money for starting and running the unit.
6.
7.
Before we finalize our arrangement for starting the unit, we have to get the
place approved by the corporation, municipality or panchayat authorities.
8.
The book will help us with finance but we will have to bear a part of the
finance.
9.
Normally the book provide assistance to small scale industries in the form of:
d) When large orders have been secured by a small industrial unit, and are required
money to buy new materials, to employ and pay wages to additional workers, clear
advances up to a responsible extent are made by the bank in deserving cases.
5.
Margin Money:
No margin is to be maintained for loans up to Rs.25, 000/- for loans over
Rs.25, 000/- a margin of 15% may be stipulated, depending on the purpose and
term of the loan.
6.
Preparation of documents:
For composite loans up to Rs.25, 000/- given to cottage and village industries.
Banks may have a security pledge, Collective security or third party guarantee
should not be taken. The same security applicable to credit limits up to and inclusive
of Rs.25,000/- given to other small scale industries, while for limits over Rs.25,000/banks may obtain security as determined by them on the merits of each case. For
advances for over Rs.25, 000/- collective security is inadequate.
7.
Selection of Employees:
In order to assist the industry to manufacture the product the following
8.
9.
Marketing:
The manufactured goods are marked either directly or through organized
10.
b.
c.
d.
e.
f.
Canara Bank.