In order to successfully operate an enterprise there requires five “M”. 

(i) Men 

(ii) Materials 

(iii) Machine 

(iv) Money 

(v) Market 

(i) Men or Labour:- Without men we can not imagine of an enterprise. In all the recourses of production the ingredient of labour is the most mobilising element that stimulates all others factors and turns even the most useless things into a useful one. For the successful operation of an enterprise both kinds of skilled and unskilled labour force are required. 

(ii) Raw-Materials:- If the enterprise is production oriented a prior arrangement should be comphasised with regards to availability type, cost/price and a regular supply of the raw materials. 

(iii) Machine:- Whatever be the scale of the enterprise whether big or small, machines are required in either case. Prior to the establishment the machinery and the others equipment should be purchased and installed as well. 

(iv) Money:- Money/capital is the life blood of an enterprises without which the establishment is an inconceivable presumption. The capital in long and short term and its amount and the capital resources are the pre-emptive requirement. 

(v) Market:- In accordance with the presumed estimate the production is to be ensured under production or over production both can incur losses. According to the demand of market, entrepreneur supplies product in the market.