SETTING-UP AN ENTERPRISE : Setting up an Enterprise begins with an idea but it happens after understanding detailed guidelines and manuals on how to start up an enterprise including legal aspects involved.
If someone wants to start his own work, he has to think of his ideas and find means to convert them in practice. Entrepreneur should search the market for available resources which can help and should ascertain that there is a scope for his service/product. Entrepreneur should ensure profitability and make legal assessment also.
Starting a small workshop needs a lot of information on money, machines and manpower. It requires understanding responsibilities of ownership. It requires courage to start something new. To be successful, you need a combination of hard work, skill and perseverance. Before starting an own business, the entrepreneur must be well aware about some important issues. In the following part of entrepreneurship development you will read about some of the issues. Setting up a workshop for motorcycle service and repair falls under the category of small scale industries.