These activities are those that help ensure continued efficient and profitable functioning of the enterprise. After the stimulation of entrepreneurship and the establishment of a unit through adequate support, there are chances for the unit to become sick, non-profitable & nonviable due to many unforeseen and uncontrollable factors. Hence they need a lot of sustaining activities by the promotional agencies. These activities include
modernization,
diversification / expansion / substitution of production,
additional financing for full capacity
utilization.
deferring repayment / interest depending on the situation
help and guidance in diagnosing the cause of failure or low production / profit.
modification or change in legislation
creating provision for quality testing and quality improvement on low products.
Last modified: Wednesday, 1 February 2012, 7:22 AM