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…

Recently Govt of India had proposed to amend the classification of SMEs by linking solely to turnover. The move is a much-needed correction to address the policy needs of the…

Many entrepreneurs while executing the new project, fall to the temptation of revision in the scale of the project without proper funding arrangement and cause misery for themselves. Recently I…

Private Banks are shunning the burden of participating in govt schemes and thereby depriving a section of the population of opportunity to avail credit linked facilities. Recently I came across…

Regulations governing the trade, business practice, processes, or products are evolving and now stricter than previously. The speed of executions is posing a serious risk to SMEs. Recently I had…

Emphasis on the value of collateral security instead of the technical feasibility & economic viability of the project is leading to recklessness and resulting in distress. Recently I had an…

Running a potential business without sufficient working capital is heartbreaking for any entrepreneur. But a winning strategy has it at its core. Recently I met an entrepreneur who has developed…

Internal audit function has potential to improve operating efficiency and improving the health of the organisation for achieving long-term sustainability for SMEs in India Recently I was interacting with one…

Many SMEs are looking for diversification strategy to overcome the challenges associated with existing businesses. One needs to tread carefully or it may end in disaster. Recently I had an…

Thorough planning is extremely important for success. It requires one to devote a significant amount of time in researching various dimensions. Recently I had an interaction with a successful businessman…