Women Entrepreneurs; Challenges; Financial Assistance; Feasibility Study; Risk Assessment

B.B. Goyal

Abstract


This paper examines various types of women entrepreneurs existing in India. Besides, the study tries to find out the challenges faced by women entrepreneurs and suggests solution to overcome these challenges. The study is based on primary data collected from 74 women entrepreneurs belonging to Chandigarh, Panchkula, Mohali, Ludhiana, and Jalandhar. The results of the study suggest that the major challenges faced by the women entrepreneurs are lack of a clear cut defined policy for women entrepreneurs, insufficiency of financial assistance, problem of security, discrimination with women entrepreneurs, and lack of technical assistance. It was also been observed that to increase entrepreneurship among women, efforts should be made to impart prior knowledge on skills before starting any business or going to work anywhere. Women entrepreneurs should undertake feasibility by study and risk assessment before starting the enterprise; they should be encouraged for higher studies; they should form self-help groups as cooperatives in starting.

 

Aus. J. Acc. Eco. Fin. Vol 3(2), October 2017, P 68-75


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