Small Business


Small business:
In our definition we consider that business as a small business, which are registered with Government agencies and requires initial capital of 500,000—25,00,000. The turnover for a small business ranges from 25,00,000—50,00,000 and number of employees’ ranges from 5—50 depending upon the nature of business.
Examples of small business in Pakistan:
1. Nagori milk shop
2. Time medico
3. Almas dish washing powder
4. Allahabad stores
5. Kaybees
Entrepreneur:
An entrepreneur is someone who recognizes his opportunities. He raises the capital and other