Business Opportunities for

Women Entrepreneurs

Prepared By: Prepared For: MUMAL RATHORE MRS. ANSHU MATHUR

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.

Woman EntrepreneurWoman EntrepreneurWomen 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. 

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.

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.

CHALLENGES FOR POTENTIAL WOMEN ENTREPRENEURS

Lack of self-confidence and personal securityRisks of harassment and other social and cultural

barriersRestrictions on mobilityLow educational levels and scant training

opportunitiesHeavy household choresLimited access to credit, marketing networks & modern technology.Inferior status in society and gender-biases in

general

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

  Education Cultural Cleaning Insurance Retail Trade Restaurants Manufacturing

Nursery Business

Steps in Nursery Business:Check the legal authorities in your locationBusiness licenseProperty zoningAvailability of water for irrigation

Costs in Nursery Business:

The costs of nursery production include- Overhead CostDirect & 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.

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

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.

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.

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·.

Yojna Schemes and Programme

• Nehru Rojgar Yojna• Jacamar Rojgar Yojna• TRYSEM• DWACRA

Naina Lal Kidwai, Investment Banker

Shahnaz Husain, Herbal Beauty Queen

Indra Nooyi