Small Business Directory

Small business varies from one country to another. Small business is defined as a “unit with a capital investment of not more than five lakhs” irrespective of number persons employed and the undertaking having investment in plant and machinery not exceeding worth of seven lakhs this small business do not require high level of technology. Small business generally provides for training ground for local entrepreneurs on decision making. The gestation period is less in establishing of small business units. This business have a favorable capital output ratio and earn considerable foreign exchange to the country and ensure equitable distribution of income and meet a substantial part of increased demand for consumer goods including mass consumption goods. Small businesses make a significant contribution to the economy and are the integral part of any business setup of the country. With proper planning and organized implementation of ideas a small businesses can be run very profitably and efficiently.