SMEs need to restrain from over overambitious numbers while starting/growing their business and realistic assessment of parameters is paramount to manage the stakeholder’s expectations. Recently there was an appalling news report…

Vagueness in policies adopted by lenders is depriving many potential SMEs to access credit especially Govt schemes in India. Recently I met an entrepreneur who has been running between the…

Many Bank and NBFCs are aggressively launching new platform /products for increasing lending to MSMEs by leveraging the cash flow. This obviates the need for collateral security, which is a positive…

Practices relating to working conditions, safety and health, skills development contribute positively to the welfare of SMEs in India. May Day is celebrated in most part of the world as a symbol…

Diversification into newer areas is good for entrepreneurs. However thorough research is needed to mitigate the risk in the new venture. Last week I met an entrepreneur who had been…

Proposed amendments to allow the promoters to become part of the resolution of stressed business will support quick revival  MSMEs under the new law. Recently Govt has formed a committee under…

MSME framework creates breathing space for entrepreneurs who may be experiencing symptoms of distress in the business due to various internal and external reasons. Recently I interacted with an entrepreneur…

Rs 13000 crores PNB scam is causing systemic damage to lending to businesses and it is feared that MSMEs may suffer the most. Punjab National Bank(PNB) scam of Rs 13000…

Risk management plays a unique role in protecting and sustaining the business yet does not figure in performance metrics. It is invaluable to survive as going concern for SMEs. Recently we…

Detailed Project Report (DPR) prepared before starting a new project can eliminate risks to a large extent, reduce the timeframe of execution and contribute significantly to success of the project…