LAP has been positioned as a simple loan product among SMEs in India. However, it can endanger the sustainability of business if not applied properly. Among a host of loan…

Succession planning is a very complex challenge for partnership firms. It requires all partners should work together like the way they established the firm to make the transition a successful…

Non-availability of sufficient funding or under- financing of businesses has abruptly ended the entrepreneurial journey of many in India. Meticulous preparation of DPR, Financial closure and executing the same accordingly…

It is commonly observed that, among the SMEs in India, restructuring of bank debt is not resulting in turnaround rather perceived by many as a futile exercise. However methodical approach…

ecently I met a third generation businessman who has been very successful in his business and has been highly reputed for his prompt repayment of obligations including bank loans. He…

Robust financial controls can improve the sustainability of organisation as well as support the growth ambitions among SMEs in India Recently I had an interaction with one first generation entrepreneur…

SMEs should borrow loan amount just enough to meet the need of the business and it should be guided by the cash flow projected. It is the core of the…

Successful growth strategy requires one to analyse the opportunities and challenges critically and prepare a strategic plan methodically. It is commonly observed that majority of SMEs in India do not give…

Every Entrepreneur should create a contingency plan to ensure sustainability of his venture beyond himself. Otherwise, it will lead to unbearable misery to his family if untimely death or disability…

When going gets tough, many entrepreneurs look to salvage their entrepreneurial journey and diversify to other areas. However, those in distress avoid or make such move cautiously and after meticulous…