2. An Entrepreneur
An entrepreneur is someone who undertakes an enterprise,
owns and manages a business with a vision to making a profit
by using innovative ideas.
Entrepreneurship depends on specific knowledge, skills,
mentalities and attitudes.
In principle, there should be no difference between men
and women.
In reality, various constraints limit women’s opportunities to
realise their full potential.
Bangladesh is an example of this unfortunate trend. Influential
NGOs are making a difference however.
3. Woman Entrepreneur
Women entrepreneurs may be defined
as a woman or a group of women who
initiate, organize and run a business
enterprise. In other terms concept of
innovative entrepreneurs, women who
innovate, initiate or adopt a business
activity are called business
entrepreneur.
4. Registration & Legal Obligations:
Women face a lot of obstacles at Govt. offices while making
or renewing trade license, ISO Certificate or such other
document.
Complicated taxation rules & nontransparent procedures
make it very difficult for women entrepreneurs to handle
matters independently.
Fund Generation:
Women face lot of problem getting loans approved and in
cases end up paying interest at much higher.
5. Social Negativity:
There is a class of people who are unwilling to support women
entrepreneurs.
Unskilled or Semiskilled Workforces:
Unskilled workforce employed by SMEs, result in lower quality
product and inefficient production process that lead to
lower productivity.
Procurement of Raw Materials:
Due to lack of enough working capital, SME business women
pay higher price since they cannot buy in bulk.
6. CHALLENGES FOR POTENTIAL
WOMEN ENTREPRENEURS
Lack of self-confidence and personal security
Risks of harassment and other social and cultural barriers
Restrictions on mobility
Low educational levels and scant training opportunities
Heavy household chores
Limited access to credit, marketing networks &
modern technology.
Inferior status in society and gender-biases in general
7. Women entrepreneurs should be provided special facilities to
develop their enterprises. These include:
Development Banks with separate advisory service cell for
women
Arrangement of exclusive fairs to promote products
manufactured by small & cottage based units
Fixed quota of stalls for women entrepreneurs at export
fairs
Special market facilities both in the domestic and the
international arena
For new women enterprise tax may considerably reduced
or exempted
The procedure for Tax Identification Certificate should be
simplified
Procedure for Income Tax should simplified and made
investment friendly
9. Nursery Business
Steps in Nursery Business:
Check the legal authorities in your location
Business license
Property zoning
Availability of water for irrigation
Costs in Nursery Business:
The costs of nursery production include-
Overhead Cost
Direct & Marketing Costs.
If a woman have some space, a source of water, and a
ton of ambition, she may try at operating a plant
nursery.
10. The catering business is one of the most lucrative & profitable
home businesses with a high potential for expansion &
growth. It is both financially rewarding & fun.
A catering business is best suited for a person who has passion
for cooking and planning.
Type of Catering Business:
Mobile catering
Event catering
Boxed Lunch Catering
11. Needed Equipment
Other than a commercial kitchen, the only things a woman
need to get started are a phone and a delivery vehicle.
A computer and printer are always nice but not a necessity
for starters.
A woman can get around the kitchen problem by arranging
to use a restaurant's facility for a small fee in its off-hours or
by sharing the rental costs of a commercial kitchen and its
use with other caterers.
12. Party planning requires very start-up money, so it could be the
perfect choice for those little with small capital.
As an events coordinator or party planner, one will be involved in
organizing all details of occasions such as anniversary
celebrations, family reunions, birthday parties, weddings,
retirement parties etc.
Instructions:
Team up with an experienced party planner to gain experience
& learn the trade before start own business.
Great multi-tasking skills is necessary.
Decide how to charge for the services.
Understand food and beverage.
Know all about entertainment choices.
13. A general guideline to start a party planning business are:
Determine the start-up costs & find funds to launch
business
Organize oneself to easily handle the multiple projects
which have to work on
Hire part- & full-time employees
Market one’s services to bring in the business
Expand one’s offerings to offer complete party packages·.
