How to Establish SME

How to establish SME/MSME and how get Finance and to Commission it:

SME/MSME

As per my 18year experience I have notice that, to establish any new entrepreneur it is very important to get atleast two to three years experienced in manufacturing process, trading and marketing. If you had been in a production process from last three to five years even though you are very lagging behind due to the trader’s monopoly and lack of marketing strategy. It is very important if you come down to the earth to indulging and to understand whole manufacturing process, traders monopolies and their policies, and to adopt a measures in very competitive market, it will definitely help you to survive in this market to the extent of breakeven point.

SME/MSME divides into three basic industries i.e. Engineering, Food Stuff & Beverages and Conceptual/Service Industries.

Finance

Indian Govt. Draft very good policies for SME/MSME, but due to lack awareness and commercial industrial illiteracy, implementation of all those policies are befitted by 15%-16% of SME/MSME only. All public sector banks fixed some priority sectors quota for all those SME/MSME to the extent of Rs.5/-lakhs to Rs.2/-crores. Central Govt. Trust Fund (CGTSME) also available to two years old establishment maximum upto Rs.1/-crores by paying extra premium above the applicable interest rates without any security to conceal the  working capital gap. 

Commission of Industries     

To Establish a New Industries is a very difficult task for every entrepreneur. Firstly you have to satisfied documental compliance to get proper permission from necessary authorities to form a new industry and then very big measure role of fund. To get funds from any bank you have to produce a technically viable project report prepared by a professional financial expert. Your new establishment or a factory building, plant & machineries and upcoming produce stock will consider as primary securities and so you have to produce collateral securities to the extent of 50% to 100% depend upon the each bank policies.  

For more information & knowledge you can join our one day training session will held at Thane. To participate please put your mobile no. in comment or contact me on;

Vinayak Gaonkar

9869621072/9869273067

Rvinternational4673@gmail.com        Industry & Business Development