Understanding Financial Accounting 3rd Canadian Edition by Christopher D. Bur...
Entrepreneurial Opportunities In The Pandemic.pptx
1. Established as per the Section 2(f) of the UGC Act, 1956
Approved by AICTE, COA and BCI, New Delhi
Entrepreneurial Opportunities
In The Pandemic Times
N a m e : S h a ro n D s i l v a
S R N : R 2 0 B M 8 2 9
P ro g r a m : B B A E n t re p re n e u r s h i p
S e m e s t e r : 3 r d
3. • Entrepreneurship is the ability and readiness to develop,
organize and run a business enterprise, along with any of
its uncertainties in order to make a profit.
• The most prominent example of entrepreneurship is the
starting of new businesses.
5. Out of the world’s seven largest economies, the United Kingdom was the most
negatively affected by the COVID-19 pandemic. As of the third quarter of 2020, the GDP
growth rate of the UK stood at minus 9.6 percent compared to the previous year.
Furthermore, the GDP of India was contracted by minus 7.5 percent. Only China
experienced a positive GDP growth rate of 4.9 percent during that same period.
7. • Entrepreneurial opportunities are usually defined as situations where
products and services can be sold at a price greater than the cost of
their production.
• An ‘entrepreneurial opportunity’, thus, is a situation where
entrepreneurs can take action to make a profit.
9. Small Scale Business
The business than an entrepreneur can start
from 20k and not exceed more than 25 lakh
In the investment of plant and machinery
Organic Soaps
Homemade Chocolate
Breakfast Joints
Pickles
Bakery
10. Medium Scale Business
The business than an entrepreneur can start
from 25 lakh but not exceeding more than 5
crore In the investment of plant and machinery
Oil Processing Unit Natural Beauty
Products
Cashew Processing Mineral Water
Plant
Manufacture Of Furniture
11. Large Scale Business
The business than an entrepreneur can start
from 5 crore with more than 10 crore In the
investment of plant and machinery
Cement Mill Rice Mill
Textile Mill Wine Production
Mining Minerals IT Industry
12. Conclusion
There are so many incredible business opportunities to try in 2021. Of
course, success in business always comes from laser focus. So choose
one wisely. But there’s potential for success with every opportunity
we’ve included on this list. So, let’s start brainstorming some business
opportunities together to help you find the perfect fit.