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Words: | Submitted: Mon Apr 24 2006
... done with a view of acquiring entrepreneurial finance in setting up an SSI firm in India. Also, mentioned are the institutions where the Government extends finance facilities through various schemes. It also shows the problems and probable solutions with suggestions to curb the difficulties in acquiring finance. Problems of Entrepreneurial Business finance 1) Acquiring loans from institutions and government bodies - The process of acquiring loans takes a long procedure, which is generally complicated. The co-laterals associated with it are also proving to be a problem. 2) Preparing a feasible business report - It is one of the prime requirements of acquiring a loan. It has to show how feasible the idea is in terms of providing the revenue required to pay back the loan and the interest associated with it. It has to cover all the aspects of the firm. It doesn't matter how innovative the idea is, the aim remains ...
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