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business
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What is a small scale business?

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Small Scale Business: 

A small scale business is one that requires a minimal amount of labor and merchandise . It could be a family business or some small scale industry business. Large profits are not expected in this type of business, whereas the business runners do expect daily considerable profits .

In India the types of small scale industries are: 

Ancillary Industrial Undertakings:

The investment in plant and machinery not to exceed Rs.1crore; and the undertaking must sell not less than 50% of the its output to other industrial undertakings.

Export-Oriented Units:

The investment in plant and machinery is rounded up to Rs. 5 crores; and the unit must export at least 30% of its output by the end of three years from the start ofof productio

n.