Om A swot analysis with emphasis on the unique challenges faced by home-based women business owners
Entrepreneurial activities and Entrepreneurs play a significant role in
economic growth of a nation and also improve the living standards of the
people at a larger context. Individuals with self-confidence work hard to build
a strong economy for their improvement and generate employment for others
too. By establishing a small business firm, entrepreneurs spend monetary
resources on their own, through others and take support from banks and do a
great contribution to the society. They also become independent by doing
entrepreneurial work in various forms and levels. Indian government has
taken many initiatives such as make in India, Start-up India, etc. to enhance
factions to entrepreneurs to promote their business activities. As a result these
initiatives will generate lot of employment and improve the business
standards to make the country proud in a global context. Better economy of
the nation, employment generation, balanced economic growth throughout the
nation, per capita income of the individuals, societal development, standard of
living are the benefits of entrepreneurship.
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