The document discusses the challenges and opportunities for entrepreneurs and small business owners in India. It outlines several challenges Indian entrepreneurs face including lack of capital, high inflation, lack of family support, lack of skills and knowledge, and difficulties with regulation. However, it also discusses opportunities such as advancements in technology, high income potential, independence, and government support programs. Finally, it emphasizes that developing successful entrepreneurs requires training, the right environment, access to skills and capital, support systems, and government assistance.

1. DEPARTMENT OF MANAGEMENT STUDIES
KDK COLLEGE OF ENGINEERING
PRESENTATION ON-
CHALLENGES AND OPPORTUNITIES FOR
ENTREPRENEURS AND SMALL BUSINESS
OWENERS
PRESENTED BY-
DEVENDRA N. UPRADE

2. ENTREPRENEURS????
 Entrepreneurship= Entrepreneurs + Enterprise
(Process) (Person) (Object)
 Entrepreneurs are the persons who take all the
activities to establish enterprise and run it smoothly.
 Helps in economic development.
 Helps in Regional Development.

3. INDIA SPECIFIC CHALLENGES
 Lack of Capital.
 80% of New Entrepreneurs Having Good Idea but not have
Sufficient Funds.
 High Inflation.
 The annual inflation rate is 3.78% (Indian Ministry of Statistics
and Programme Implementation.)
 Support from the family.
 Only 3% Family Support the Students to become an
Entrepreneur other than Family Business. (TOI)
 Best example of Family Support is from Gujrat State. (TOI)
 Lack of Knowledge/ Skills.
 Every Year from RTMNU there are 12,000 and 2,000 students
from MBA becomes Engineers and Managers respectively.
(RTMNU Source)
 Managing People.
 Managing Quality of Workforce.
 Regulation and Governance.
 obtaining government clearance and licenses, paying taxes etc.

4. OPPORTUNITIES
 Advancement in Technology.
 Information Technology.
 High Income.
 Comparing to the Job Holders.
 Become a Own Boss.
 Unlimited Power, Self-Development.
 Government Support.
 Now a days there is start of Startup India from Central
Government
 Financial Support from Banks.
 Institutional Support.
 SIDBI, EDI, NIESBUD, DIC, NABARD, MSME, MIDC,
MITCON.
 Employment.
 Provide Employment to the unemployed persons.

5. TO DEVELOP SUCCESSFUL ENTREPRENEURS.
 Training and Skills Essential for the Development of
Successful Entrepreneurs.
 Create the Right Environment for Success.
 Ensure that Entrepreneurs have access to the Right
Skill.
 Ensure that Entrepreneurs have access to ‘Smart
Capital’.
 Enable Support System.
 Government Support.

6. CONCLUSION
 Most entrepreneurs simply got tired of working for
others.
 The country’s economic policy environment must
be favourable.
 The economic conditions is highly dependent on
the number of entrepreneurs.
 If entrepreneurs grow in numbers India will go from
developing to developed position.

7. Thank you!