Taxmann’s Entrepreneurship & New Venture Planning Dr. Vandana Jain Edition 2025

Entrepreneurship and New Venture Planning is also a valuable resource for:

• Aspiring entrepreneurs who seek structured knowledge before jumping into the exciting yet challenging journey of setting up a business
• Family business owners aiming to adapt modern frameworks to traditional enterprises
• Corporate intrapreneurs working in established companies and looking to drive innovation from within
• Educators and mentors guiding the next generation of founders and innovators

The Present Publication is the 1^st Edition, authored by Dr Vandana Jain, with the following noteworthy features:

• [Comprehensive Coverage] Aligned with UGCF-2022, each chapter discusses the key dimension of entrepreneurship—from conceptual foundations to resource mobilisation, marketing, and governmental initiatives
• [Clarity and Precision] Complex theories and definitions are explained succinctly, ensuring even novices can grasp the fundamental concepts quickly
• [Chapter Schemes and Summaries] Each unit opens with a clear overview of its contents and closes with concise revision points so readers can track their progress
• [Practical Exercises and Case Studies] Beyond theory, the book encourages a hands-on approach:
  • Scenario Analyses – Explore varied entrepreneurship case studies—an essential method to understand market dynamics, decision-making dilemmas, and leadership styles
  • Business Plan Competition – Enables students to design a complete plan, identify alternative funding avenues, and assess scalability
  • Government Policy Review – Analyses startup initiatives like ‘Make in India,’ ‘Startup India,’ and other schemes that have revolutionised India’s entrepreneurial landscape
• [Focus on Innovation and Startup Ecosystem] India’s rise as a global startup hub underscores the timeliness of this text. Technological advancements, governmental support, and a surge of innovative ideas call for well-informed entrepreneurs who can seize new opportunities. This book thus meets a critical need by:
  • Equipping students with the vision and skills to navigate a rapidly changing business environment
  • Offering frameworks and resources to transform a raw idea into a sustainable enterprise
  • Enabling learners to identify and mitigate risks, thus reducing the gap between dreams and action

The chapter-wise overview of the book is as follows:

• Unit 1 – Introduction
  • Establishes the foundations of entrepreneurship, entrepreneurial mindset, and the entrepreneur’s role in economic development
  • Explores classic theories of entrepreneurship and clarifies how creativity and innovation set entrepreneurs apart from conventional managers
• Unit 2 – Types of Entrepreneurs
  • Discusses different entrepreneurial archetypes: women entrepreneurs, social entrepreneurs, corporate entrepreneurs, etc.
  • Explores the nuances of family businesses in India, drawing attention to their cultural significance and longevity
• Unit 3 – Business Plan
  • Guides readers through generating and scaling innovative business ideas.
  • Highlights the critical nature of creativity and innovation in shaping business ventures
  • Offers detailed insights into writing impactful business plans and discusses the factors that can lead to their success—or failure
• Unit 4 – Mobilising Resources
  • Focuses on the financial and infrastructural backbone of a venture, from drafting a funding proposal to approaching angel investors and venture capitalists
  • Covers practical challenges such as resource constraints, contractual formalities, and incubator support
• Unit 5 – Managerial Aspects of Business and Government Initiatives
  • Explains how to manage finance, marketing, human resources, and operations in a new venture
  • Examines the Government of India’s promotional schemes, showcasing how startups can leverage public support to thrive in competitive markets