Entrepreneurial Prospects and Financial Barriers in the Khaza-Making Industry.

Ravi Ranjan Kumar; Akanksha Akanksha

doi:10.36948/ijfmr.2025.v07i06.64776

Entrepreneurial Prospects and Financial Barriers in the Khaza-Making Industry.

Author(s)	Mr. Ravi Ranjan Kumar, Dr. Akanksha Akanksha
Country	India
Abstract	This paper examines the entrepreneurial opportunities and financial constraints that impact the development and sustainability of Khaza units in terms of traditional food business based on local ancestry. Despite the emerging demand in the market, potential in value addition, and the prospects of the Geographical Indication branding, small, and family-owned Khaza-makers continue to grapple with severe financial limitations that impede growth. A survey with 90 entrepreneurs was completed and correlation and regression were used to examine how the financial barriers, entrepreneurial prospects, financial literacy, support schemes, and business performance interact. Findings have revealed that restricted access to credit and elevated interest rates as well as lack of working capital have a detrimental impact on the sustainability of the entrepreneurship. There is a high positive correlation amid entrepreneurial opportunities and financial restrictions such that the market and innovation opportunities are directly suppressed by financial constraints. It is also discovered that financial literacy, government support programs, and institutional support go a long way in ensuring that these hurdles are crossed and that there is enhanced performance by entrepreneurs. In this way, improved financial inclusion, specific support strategies, and capacity-building efforts to guarantee the long-term growth are evidently required. On the whole, the research contributes to the knowledge of the financial processes in the conventional food business and provides policy suggestions on how to make the Khaza-making industry more robust.
Keywords	Khaza making business, financial obstacles, entrepreneurial opportunities, financial literacy, government assistance
Field	Sociology > Administration / Law / Management
Published In	Volume 7, Issue 6, November-December 2025
Published On	2025-12-28
DOI	https://doi.org/10.36948/ijfmr.2025.v07i06.64776

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Entrepreneurial Prospects and Financial Barriers in the Khaza-Making Industry.

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