Question

what are think we kept in mind for setting up an industry​

Answer 1

Answer:

Below are some of the most important factors you should consider before starting a manufacturing business.

• ↘ Demand for your product. ...
• ↘ Setup costs. ...
• ↘ Competition from other manufacturers. ..
• ↘ Previous experience, knowledge and qualifications. ...
• ↘ Finance available and finance options. ...

Explanation:

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Answer 2

Answer:

Important factors for consideration for starting a industry are as follows:

• Selection of line of business : ...
• Size of the firm : ...
• Choice of form of ownership : ...
• Location of business enterprise : ...
• Financing the proposition : ...
• Plant layout : ...
• Competent and committed work force : ...
• Tax planning :

Explanation:

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