If DPR is prepared for the project with realistic assumptions and with the active involvement of promoters, it can help the promoters to strengthen their case to convince the potential…

Making risk assessment as a part of new business planning will lead business on the road to success for SMEs in India Recently I had a new client seeking to set…

Many a time when there is no or less working capital financed, the SMEs tend to curse the at the fate than looking around for possibilities thus aggravating the distress. In…

Many SMEs start a new project by taking a term loan and for working capital, they count on the assurance of banker to sanction at later date which is suicidal if…

Many SMEs cave in before the pressure of financial distress. However remain focused on the business will help overcome the distress. I have two contrasting cases of SMEs who took…

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…