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Many entrepreneurs who diversify are finding difficult to sustain the new venture. The source of pain lies in the poor planning at the beginning. Recently I met an entrepreneur from
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