PROBLEMS OF NEW VENTURES

ENTREPRENEURSHIP DEVELOPMENT

Prof: Saroj Datar

BYANDREA MENDESZENAIDA LOBO

PROBLEMS OF NEW VENTURES

• FINANCIAL PROBLEMS• ADMINISTRATIVE PROBLEMS• MARKETING PROBLEMS• PRODUCTION PROBLEMS• TECHNOLOGY UPGRADATION PROBLEMS• PROBLEMS IN BUSINESS THROUGH INTERNET• UNDERSTANDING WORLD TRADE

ORGANIZATIONS

FINANCIAL PROBLEMS

• 1. Long term capital• 2. Working capital• 3. Long-term funds• 4. Recovery• 5. Taxation• 6. Inadequate finance

TAXATION

ADMINISTRATIVE PROBLEMS• 1. Lack of proper planning• 2. Poor project implementation• 3. Poor management• 4. Labour problems• 5. Inadequate capacity utilisation• 6. Low level of technical skills• 7. Lack of stratergies• 8. Problems of inadequate infrastructure• 9.Lack of scientific and industrial research• 10. bureaucratic red tape and regulations

MARKETING PROBLEMS

• 1. Lack of knowledge about the markets• 2. Competition from large industries• 3.Inadequate advertising and sales promotion• 4.Unfamiliarity with export procedures and markets• 5. Branding problems• 6. poor after sales services• 7. Distribution problems• 8. Poor bargaining power

PRODUCTION PROBLEMS

• 1. Technology revolution• 2. Indian technology scenario• 3. Shortage of raw material• 4. Under utilized capacity• 5. Poor quality control• 6. Problems of outdated technology• 7. low scale of production• 8. lack of standardization• 9. Inadequate utility services

TECHNOLOGY UPGRADATION PROBLEMS

• 1. Standards and Testing• 2.Development and Ancillarisation

BUSINESS THROUGH INTERNET

UNDERSTANDING WORLD TRADE ORGANIZATIONS

BUSINESS THROUGH INTERNET

• Pre-Internet Days• Business Made easy• Friction free capitalism• E- Commerce

UNDERSTANDING WORLD TRADE ORGANIZATIONS

Agreements- • General Agreement on Tariffs and

Trade 1994 • Agreement on Agriculture • Agreement on Sanitary and

Phytosanitary Measures • Agreement on Textiles and

Clothing • General Agreement on Trade in

Services • Agreement on Trade-Related

Aspects of Intellectual Property Rights