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Reclassification of MSMEs- A much-needed policy correction

By praveenFebruary 15, 2018

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…

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Altering the scale of the project in the middle of execution- A risk for SMEs in India

By praveenJanuary 31, 2018

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…

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Growing market share of private banks means dwindling space for social banking?

By praveenJanuary 15, 2018

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…

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Coping with Changing regulations- A challenge to SMEs in India

By praveenDecember 31, 2017

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…

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Collateral based loans- A risky proposition to SMEs in India

By praveenDecember 15, 2017

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…

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Working Capital – Crucial connect to success for SMEs

By praveenNovember 30, 2017

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…

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Internal Audit for SMEs in India- Assuring of long-term sustainability

By praveenNovember 15, 2017

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…

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Diversification strategy for SMEs in India- Tread carefully

By praveenOctober 31, 2017

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…

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Idea to launch: A long way for start-ups to succeed

By praveenOctober 15, 2017

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…

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Turning around the failing start-up- A challenge

By praveenSeptember 30, 2017

Many SMEs in India are undergoing severe stress due to disruptive policy actions by the Govt and start-ups are no exception. It requires smarter strategy to ride out the challenge….

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