Need For Information !
Entrepreneurs Need Lots of Information while in the process of Starting an Enterprise of their Dreams or Managing their existing one.The information pertaining to project selection,location,markets, choice of technology and machinery,mode of finance,distribution channels,selection of suppliers of material inputs,recruitment of personnel,Logistics,Government Rules,Procedures & Regulations are some of the things the entrepreneurs will be searching for at one time or other.
There are many government,trade associations,consultants,customers besides Newspapers,magazines,technical literature in all the countries providing information to entrepreneurs . Despite the availability of wide institutional network getting adequate,timely,quick,reliable uptodate information on what to produce,how to produce and market continues to be one of the major drawbacks and problems of the entrepreneurs all over the world.
Internet has now become major source of Information.
Trade has become Global thanks to IT revolution.Buyers seek Sellers;
There are always more sellers than buyers and so the ever increasing hunt for markets; the urge to produce better and supply cheaper; the challenge to find newer products/services.
