List three important points to be kept in mind while planning to establish a small scale industry or a cottage industry that we can represent on a chart paper
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The three important things that should be kept in mind while establishing a cottage scale industry are the capital should be limited, the workforce should be limited and the raw materials used should be of small investment.
Explanation:
- Cottage scale industries are usually based upon the production of goods that reflects the art and culture of a certain region.
- Cottage scale industries are those business that is carried out usually at house and the number of labor or workforce in the industry is less.
- Also, the workforce in the industry is family members as well as the people outside the family.
To know more:
How do small scale industries contribute to the socio economic development of India
https://brainly.in/question/2398437
Give an account of the significance of small scale and cottage industries
https://brainly.in/question/12933770
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