What Are The Financial Problems Faced By Small Scale Industries?


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Ndm Khan Profile
Ndm Khan answered
The production problems include raw material availability, capacity utilization, and storage problems.
Infrastructure problems also add coal to the fire. Unless and until you have the infrastructure in its place the rest of the efforts are futile.
The financial problems include investment risks, procurement of loan from banks and their repayment, meeting day to day expenses and the like.
Personal problems like spending less time with family and for the whole sweat exerted the rewards have not been favorable.
The marketing problems arises because of dealing in only one product, cut throat competition, adopting cost oriented method of pricing, lack of advertisement, not branding their products etc.
The labour problems include highly demanding employees, absenteeism lack of skilled workers and transportation of workers.
Anonymous Profile
Anonymous answered
Lack of funds and credit unworthiness of the entrepreneurs

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