Preparing SME Project Profiles on Potential Products in the Agro Processing, Light Engineering, Electrical & Electronics, and Plastic Sectors

The main objectives of preparing project profile were, to provide guidance and ideas to the SME entrepreneurs on how they would design their own project and provide basic information on some potential and profitable businesses/products to the SME entrepreneurs.

Project profile is a vital tool for entrepreneurs. It is a blueprint which guides the entrepreneurs on appropriate and effective steps to be taken at each stage of their business. Entrepreneurs visiting SME Advisory Service Centre usually look for project profiles of potential sectors. They need a roadmap for marketing management, production management, human resource management, sales forecasting, optimum utilization of raw materials and resources, risk assessment, risk management, financial analysis including profit and loss account, productivity improvement and other aspects which can be addressed through a comprehensive project profile. Moreover, project profile can be a major reference document for banks and other financial institutions for assessing the credit worthiness of the entrepreneurs or enterprises. Project profiles can be used by SME Foundation to provide guidance and ideas to entrepreneurs.