Steps involved in setting up a new business venture

Steps involved in setting up a new business venture


  • Decision to be self employed
  • Project Selection
  • Training
  • Registering a company
  • Arranging Finance
  • Arranging Man, Machine, Material etc
  • Obtaining Statutory Licences etc
  • Production
  • Marketing
  • Repayment of Liabilities
  • Profit Generation
  • Business Expansion
  • Avoiding Sickness & Business Continuity
Read more about the above steps in detail