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…

Proposed amendments to allow the promoters to become part of the resolution of stressed business will support quick revival  MSMEs under the new law. Recently Govt has formed a committee under…

MSME framework creates breathing space for entrepreneurs who may be experiencing symptoms of distress in the business due to various internal and external reasons. Recently I interacted with an entrepreneur…

Rs 13000 crores PNB scam is causing systemic damage to lending to businesses and it is feared that MSMEs may suffer the most. Punjab National Bank(PNB) scam of Rs 13000…

Risk management plays a unique role in protecting and sustaining the business yet does not figure in performance metrics. It is invaluable to survive as going concern for SMEs. Recently we…

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…