Small scale business enterprises Definition of Small-Scale Enterprise Steps and procedure for setting up small scale business

1. small scale business
enterprises
by
Hassen Zorgani

2. key points
• Definition of Small-Scale Enterprise
• Steps and procedure for setting up small scale business

3. Definition of Small-Scale Enterprise
• Sometimes called a small business, a small-scale enterprise is a
business that employs a small number of workers and does not
have a high volume of sales. Such enterprises are generally
privately owned and operated sole proprietorships, corporations
or partnerships. The legal definition of a small-scale enterprise
varies by industry and country.

4. Steps And Procedure For Setting Up Small
Scale Business
• Plan
• Capital
• Location
• License or Certification
• Advertising

5. “
”
Plan
Write a business plan. Although your small-scale business may not require
extensive planning, a written business plan creates a road map to follow.
Include the items you will sell or service you will provide, as well as the type
of customers your business will attract.
Capital
Contact your bank to apply for a loan to start your small-scale business.
Provide the lender with a copy of your completed business plan.

6. “
”
Location
Purchase the inventory, tools and supplies your business
requires. If needed, sign a rental agreement with a
property owner to provide a location for your small
business.
License or Certification
Talk to your local government to determine what type of license or
certification you must obtain for your small business.

7. “
”
Advertising
Advertise your services or goods. Contact your local newspaper. Run
small line ads in the classified advertising section or discuss the costs
of display ads that catch the readers’ attention. Contact other media
outlets, such as nearby radio and television stations