Basic Elements

Basic Elements are the elements with which the organisation is created and built-up of. They are also referred as 5Ms (Man, Machine, Money, Method, Material) alongwith and Entrepreneur, who collects all these elements.

• Entrepreneur

• Capital / Funds

• Manpower
  

• Machines & Tangible Assets

• Land

• Organisation Creation

• Processes – Who, what, when, why, where and How

• New Entrepreneur (essential practices in brief)