BMQR

No 1 REASON WHY SMALL INDUSTRIES DO NOT GROW Introduction: The definition for small industry is: If the investment on plant and machineries is less than 50 Lakh for a service organization and 5 crores for production organization. Generally the sizes of these industries are from 2 employees to 25 employees. There are lakhs of such small industries available in India. For example: Automobile component manufacturers, small fabrication units, security services, small institutes, small shops, small hotels, small hospitals etc. The small industry grows from one man to 25 employees easily. After certain period the small industry does not grow. The remain small industry for ever. Sometime, it comes down. This article analyzes the problems faced by such small entrepreneurs and providing successful solution. The problems faced by the small industries are: Ò   Frequent resignation of employees. Ò   Not able to pay salary on time. Ò   Not able to get more orders. Ò   Collec