INNOVATIVE BUSINESS FOR BELOW POVERTY LINE INDIVIDUAL ON MICROPARTNERSHIP - A CASE OF PERSONALIZED GIFT BOXES
Journal Title: European Journal of Business and Social Sciences - Year 2014, Vol 3, Issue 9
Abstract
This paper lays down the possibility of forming small business ventures through micropartnership through personalized gift box, wherein an individual below poverty line, with the support of socially oriented investors and businessmen of the country fares his chances to rise above poverty line and evolves. While doing this the investors and businessmen will not be doing complete charity but also earning through their investment of money, time and efforts directed in favors of social good. The concept of a partnership among three persons, one investor, one manager and one working person is laid down. Researcher gives the financial statements related with the business of personalized gift box which includes capital investment for personalized gift boxes, monthly expenses for personalized gift boxes, revenue model for personalized gift boxes, exit strategy for personalized gift boxes, earnings per year, earnings per month, earnings per year for the person who engage in micropartnership ventures as major source of income.
Authors and Affiliations
Dr. Hemant J. Katole| Department of Management Sciences (PUMBA) University of Pune Pune-411007 E-mail:hjkatole@gmail.com
Keywords
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- EP ID EP10523
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