Sunday, 23 October 2016

Fishery business scope

If fish farming is taken up commercially by entrepreneurs, then there will be poverty reduction #fishfarmingforpovertyreduction.

In Jharkhand, the ponds have become polluted by Fly Ash near Patratu Dam and in the fields where pesticides are given and as that water in the fields comes to ponds, the growth of fish is affected. There is no breeding because fishes are breeding in fields etc so pesticides are adversely affecting the growth of fishes.

There is very good business scope in fisheries. There is requirement of 1,40,000 ton fish in all Jharkhand because 93% of people of Jharkhand eat fish. Production is only 1.06 lakh ton. Balance is imported from Andhra Pradesh. If somebody starts commercial fish farming, then he can earn a lot of money. There will be business growth. Capital investment is required. Fisheries can be done by  those people who have got money to invest but since people are investing in some other industry/business they are not investing in fishery. If the investment is made in fishery, then the production will increase. Within Pradhan Mantri Mudra Yojana, now loans will be made available to people for Rs 50,000/- to Rs 1 lakh. When the loan will be applied for by the person, the project will be thoroughly reviewed. Bank Credit is there in Andhra Pradesh  but there is no bank credit in Jharkhand and Bihar that is why this sector has not grown. Neither fish farmer wants to take the loan nor bank wants to give the loan. 600 crore is going to  Andhra Pradesh, as fish is coming from there and 100 crore is going to West Bengal in the form of seed. So there is lot of business scope in this.

According to a fisherman, he started his business without taking loan and he did not want to take the loan for his fish business. He wanted a big place to sell the variety of fishes so that people need not go to another corner to buy a different variety of fish. His place should be that one stop centre.

According to another fisherman, he had difficulty of selling the fishes in the same market and found it a very hard work of maintaining the fishes like freezing the fishes etc. He was undergoing loss and so he was not interested to go for loan.


Wednesday, 12 October 2016

Stock/share market for micro and small entrepreneurs/businesses

There can be micro and small businesses/entrepreneurs issuing shares to the public under a different machanism that is the company not being listed with SEBI but with a different government organization to issue shares to the public for the smooth running of their businesses or industries.

There are various types of companies like:

1. Private Limited Company having share capital
2. Public Limited Company having share capital
3. One Person Company having share capital

In One Person Company there is only one person  and there is a nominee. In Private Limited Company, there are minimum two persons.

In One Person Company the minimum investment of Rs 1 lakh (paid up capital) has to be there and similarly in Private Limited Company the minimum investment of Rs1 lakh (paid up capital) has to be there.

Both  One Person Company and Private Limited Company can issue shares to their relatives, family and friends. Public Limited Company are listed with SEBI and can issue shares to the public.

According to a financial institution, when the business is of 100 crores then one should come in share market capital because in these many years  he/she has established himself/herself but since a micro and a small entrepreneur/business man also gives employment to 3-5 persons like he keeps a sales man, a person to collect the money from the market etc and there are many families that are benefiting from a micro or small business/entrepreneurs, at some point when the business has established itself then instead of waiting for the company to become a 100 crore company, the micro and small company can be listed under different government body than listed instead of SEBI to come into share market capital. It is a viable concept that can be looked into by the Government.

According to a small scale entrepreneur, the small scale company should also have the possibility to issue shares to the public and that when the company is establishing itself not when the company has established itself. This should be there.

According to a micro businessman, firstly, it depend on the shopkeeper, whether he wants to come in stock exchange or not. But this (stock/share market) should be there. Everybody should get a chance to collect money from the market. Small business owner may become big business owner. The Government should make such rule. There will be hard work in selling even small share. Expenditure is involved and even selling small share it will require expenditure but it will be small.  All this will happen with faith. First the business should operate and establish faith in the market.

According to another micro businessman, there is advantage in this. All work will be done in systematic way. There will be customer satisfaction. There will be a chance to grow. This (stock/share market) should be there.

Micro/small businesses/entrepreneurs can comment: #microsmallentrepreneursinsharemarket #facebookentrepreneursinsharemarket #linkedinentrepreneursinsharemarket should there be a such a mechanism so that micro/small businesses entrepreneurs company issue shares to the public for the growth of their businesses? Please comment through the comment box.

Sunday, 2 October 2016

Users survey 2016

Here are few survey questions. Users please take this survey.

1. Do you like the website  content?

a) Yes
b) No
c) Little

2. Your background?

a) An entrepreneur
b) A small businessman
c) A volunteer
d) A school/ school student
e) A Government employee
f) Others

3) Do you find the website content unique?

a) Yes
b) No
c) Somewhat unique
d) A mix

4) Does the website give you practical guidance on entrepreneurship and marketing tools?

a) Yes
b) To some extent
c) No
d) Need improvements

5) Do you think the website contents/solutions can help in bringing the self employment for the unemployed?

a) Yes
b) No

6. Are micro business suggestions given on the website helpful?

a) Yes
b) No

7. Do Government organizations, UN organizations, NGOs should work on the solutions/financial solutions provided here?

a) The suggestions are relevant and so Yes
b) The suggestions are not relevant

8. Would you like to share the contents on social media?

a) Yes
b) No

9. How will you help others through this website contents?

10. Will you recommend this website or website contents?

a) Yes
b) No

11. Can you suggest more ideas or topics that should be written and continued with?

a) Yes
b) No

#usersurveyquestionsanswers #userssurvey2016 #forfacebookuserssurveyquestions #forlinkedinuserssurveyquestions #fortwitteruserssurveyquestions Users can take the full survey or answer as many questions you like through the comment box Or simply you can suggest ways to improve the website contents.

School entrepreneurship resource centre

School entrepreneurship resource centre  will help schools (Government schools, private schools and municipality schools) and school students to get the information on entrepreneurs and entrepreneurship from the following blog posts:

1. Youth entrepreneurship opportunities will give the various places where school/school students can get the information on who are entrepreneurs and how to start and run an enterprise. To see the information Schools and school students can go to blog post Youth entrepreneurship opportunities.

2. Factory requirements will guide about the requirements that needs to be ensured by an entrepreneur for the success of his/her enterprise. School/school students to know more can go to blog post Factory requirements.

3. banks entrepreneurs will give information on various bank loans available. School/school students to know more can go to blog post banks entrepreneurs. 

4. Youth entrepreneurship questionnaire - School students can fill this questionnaire to judge themselves how fit they are for their entrepreneurial journey. They can then read about the entrepreneurship qualities. School/school students to know more can go to blog posts Youth entrepreneurship questionnaire and Entrepreneur quality.

5. Company name gives information about how an entrepreneur/business man can have a name for his company that is only given to his company all over India. School/school students to know more can go to blog post Company name.

6. Copyright  for business gives information about how entrepreneurs can protect their ideas from being stolen. School/school students to know more can go to blog post Copyright for business. 

7. Entrepreneur notebook will guide on the information that should be there in the entrepreneurs notebook. School/school students to know more can go to blog post Entrepreneur notebook.

8. Trading skills give information on how urban poor can start their trade/business. School/school students to know more can go to blog post Trading skills.

9. Handicraft is a micro small medium enterprise. School/school students to learn more about handicrafts and the business opportunities can go to blog post Handicraft event - handicraft help centre from July 2016 onwards.

10. High school entrepreneurship gives information on how schools can encourage entrepreneurship in schools. Schools to know more can go to blog post High school entrepreneurship.

#Schoolandentrepreneurs. This School entrepreneurship resource centre which is for government schools, private schools and municipality schools will provide necessary information on entrepreneurship for schools and school students.