1. Statutory chartering mandate
2. whome to approach
3. the commercial operation model
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Tagged as: 20000, Business, Capital, DETAILS, Finance, Micro, proceed, start, want
{ 1 comment… read it below or add one }
if you can invest Rs. 20,000/- and banks share shall be say Rs. 80,000/- totalling Rs1,00,000/-
since you are a specialist in rain harvesting systems which it self is an inthing in todays time and has demand , it is better to proceed with the same
you need a detailed project report for the purpose of banks as to how much this will cost, what are the inputs/rawmaterials , where you are going to sell the product/who are your likely customers, whether there is decent turn over to enable you to return the bank loan
regarding statutory requirements you may have to approach state single window agency for industries for the licencing
business model : generally it is advised to go in to the business you have dealt in/ you have the basic knowledge since you are a rain water harvestin specialist , also it needs less capital you may opt for the same
NOTE: YOU CAN HAVE THE SSI BENIFITS ALSO