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PROBLEMS OF NEW VENTURES
ENTREPRENEURSHIP DEVELOPMENT
Prof: Saroj Datar
BYANDREA MENDESZENAIDA LOBO
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PROBLEMS OF NEW VENTURES
• FINANCIAL PROBLEMS• ADMINISTRATIVE PROBLEMS• MARKETING PROBLEMS• PRODUCTION PROBLEMS• TECHNOLOGY UPGRADATION PROBLEMS• PROBLEMS IN BUSINESS THROUGH INTERNET• UNDERSTANDING WORLD TRADE
ORGANIZATIONS
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FINANCIAL PROBLEMS
• 1. Long term capital• 2. Working capital• 3. Long-term funds• 4. Recovery• 5. Taxation• 6. Inadequate finance
TAXATION
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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
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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
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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 Problems of outdated technology• 7.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
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TECHNOLOGY UPGRADATION PROBLEMS
• 1. Standards and Testing• 2.Development and Ancillarisation
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BUSINESS THROUGH INTERNET
UNDERSTANDING WORLD TRADE ORGANIZATIONS
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BUSINESS THROUGH INTERNET
• Pre-Internet Days• Business Made easy• Friction free capitalism• E- Commerce
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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
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