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Ownership-driven entrepreneurial saga : a case study of Vinod Super Shop

Author: H M Jha Bidyarthi; Mayur A Dande; Pawan M Kuchar; Satya Mohan Mishra; Ashish K Shrivastava
Publisher: London : SAGE Publications Pvt. Ltd, 2017.
Series: SAGE Knowledge., Cases.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Vinod Ramanlal Didwaniya, son of a marginal farmer, only had one worry: that of the sustenance of his family. After obtaining his postgraduate degree in commerce from a local college, he started a small retail shop named Vinod Provisions in July 1993 in a rented space of 7 11 sq. ft area with a meagre working capital of 17,800. It was run by family members including his father and wife with a daily turnover of 1,000  Read more...
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Details

Genre/Form: Case studies
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: H M Jha Bidyarthi; Mayur A Dande; Pawan M Kuchar; Satya Mohan Mishra; Ashish K Shrivastava
ISBN: 9781526441126 1526441128
OCLC Number: 1023543332
Notes: Originally published in Bidyarthi, H. M. J., Dande, M., Kuchar, P. M., Mishra, S. M., & Shrivastava, A. K. (2017). Ownership-driven entrepreneurial saga: A case study of Vinod Super Shop. South Asian Journal of Business and Management Cases, 6(1), 61-70. DOI:.
Description: 1 online resource.
Series Title: SAGE Knowledge., Cases.
Responsibility: H. M. Jha Bidyarthi, Mayur A. Dande, Pawan M. Kuchar, Satya Mohan Mishra, Ashish K. Shrivastava.

Abstract:

Vinod Ramanlal Didwaniya, son of a marginal farmer, only had one worry: that of the sustenance of his family. After obtaining his postgraduate degree in commerce from a local college, he started a small retail shop named Vinod Provisions in July 1993 in a rented space of 7 11 sq. ft area with a meagre working capital of 17,800. It was run by family members including his father and wife with a daily turnover of 1,000 approximately (annual turnover of 0.30 million). Under Vinod's leadership the family business prospered and after twenty years opened Vinod Super Shop which has 3,000 sq. ft of floor space with a working capital investment of 7 million besides 15 million invested on creating owned infrastructure for this supermarket. Its annual turnover has grown from 0.30 million to 15 million (50 times growth), and it has 18 employees today. By heart a poet, Vinod feels within him every stakeholder of his business in whose interest he has been making decisions involving management fundamentals and ethical issues. The present case study attempts to capture this unique entrepreneurial saga amidst highly competitive retail sector that leaves a number of lessons to learn.

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