Aims and objective of cottage industry
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Two features of a cottage industry are 1-it is a family owned and opperated business 2-there is minimum capital required therefore less income and input.
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Aims of cottage industry:
- Cottage industries are generally small-scale household industries, producing goods to fulfill the demand of the local community. Their main aim is to provide employment to rural people.
- Farming activities are less during winters. So working in cottage industries can create extra income for them.
- They use primitive methods of production. The hand-loom industry is one of the examples of the cottage industry.
Objectives of cottage industry are:
- To boost the knowledge, skills & competencies of the potential & existing entrepreneurs in the sector of Regional Tourism.
- To improve the quality of products & services in the SME tourism sector through the improvement of skills & competencies related to the future needs of the labor market.
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