Financial Troubles Group

There are two group of activities , which is the major cause behind the financial trouble of state . The group of molestation, along with the group of obstructions, plays a major role on creating financial troubles of state.The activism culture of Bengal is another enabler for group of molestation and obstruction activities leading to loss of wealth . The only way to encounter these is to create a pro-development activism. These could bring a lot of momentum in counteracting obstruction and molestation ,eliminating financial problems.

Consumer Protection

Recently , I saw the ad 'Jago Grahak jago' in DD-News . Though the ad, had a pretty simplistic approach , to the complex problem of consumer protection of the state .It definitly makes a point on the role of consumer protection and activism of civil society in it.It is with awareness of the standards of a service, alongwith attributes, that a consumer can protect himself automatically.

Personal qualities of an Entreprenuer

Risk taking and opportunity tracking is referred as essential prerequisite personal qualities for the entrepreneur. However , the required number of personal qualities from Entrepreneur doesn't end here . The important personal qualities required in the Entrepreneurial process is deal making capacity with strong negotiation skills. Obviously , some ill habits has to be avoided in order to excel these personal qualities . The most relevant on this is controlling the ill-habit of anger which might create a lot of enmity. The second quality is obviously excessive desire which attracts other kinds of vices automatically. Once these negative habits are restrained there is an automatic growth process which follows both in spiritual and material life.

Aspect of Small Business Economy

There are certain economic fundamentals which effects small business . One of the important element on these economic fundamentals is incremental scalability.Until , the critical mass is reached in the process of the incremental scalability, there are threats on demand side equation of the service and product offerings by the small business, towards the market. Reaching the critical mass is an ecstatic experience for any small business . However , the struggle for existence not necessarily, ends here for the small business. The regularity of serving the critical mass ahead of competition is a big concern . Once it is addressed properly , at least the short term financial goals of a small business is taken care of.

Small business troubles

Small business have often two kinds of trouble - external and internal . Internal trouble is more severe than external trouble. The seriousness of trouble can be estimated on the following chronological order , where latter is less serious than earlier - 1) Entrepreneur 2) Advisers 3) Market 4) Office/HQ 5) Finance 6) Employee 7)Partners. However , if any of this constituent , if improper can led to disturbance of all the constituent , then that is most serious trouble and should be given maximum importance.

Lobbying tips for Small Business

Most of the cases ,small business has to do a lot of Government Relation activities . In case , of big corporates , Government is keen to interact . However, small business has an opposite situation. As they are mostly in the starting point , there exist a high load of regulatory compliances . These days, enviromental compliance and social compliances have become neccesary to eliminate the threat of closure. So the need of maintaining good relation, with relevant regulatory authority . In these cases ,it is also important to know the concerned officials, that the effective dialogue could be intiated with relevant person.

Service to an Entreprenuer

I have worked with number of entrepreneurs around the world in wide variety of Geo-markets. At times ,it could be really hard , to advise an entrepreneur, in issues related to planning and organizational development. In most of the cases the TOR ( terms of reference ) and the scope of the project ,remains less in documentation, and more in their thought process of the entrepreneur . To bring that out in the form of document , can be a daunting task . The baseline data collected to verify the market opportunity can also become sub standard due to lack of survey specification . Most of the cases , the secondary research followed by a desk analysis , given to an entrepreneur , comes with more review request . At certain times the overall scopes get modified and the the entire work has to be redone. Though the emotional and energetic experience is very high , the consultants faces a number of practical issues on TOR and scope while working with entrepreneurs. Obviously it could be solved , and better output from a consultant could be created from the entrepreneur , if the TOR and the elaborated scope becomes more precise.