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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…
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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…
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A good Financial Advisor can create a financial strategy to an SME such that risk is mitigated, profit is maximised and experience greater harmony between personal finance and business. One…
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SMEs are the backbone of Indian economy. Industrial ecosystem reorienting to increase the share of outsourcing to SMEs. Going forward, focus on core competency and internet have driven evolving manufacturing…
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Insolvency code will boost confidence among entrepreneurs by taking away the fear of failure by offering support for turnaround or liquidation in a non-threatening way. It will enlarge the lending…
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Does our company have a business strategy that makes sense within the context of changing general industry characteristics and economic environment?” Introduction: Industry within which a company operates is important…
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ecently Deccan Herald has reported a serious fraud happened in a Bangalore-based private company which likely to push the company to the brink of collapse. (http://www.deccanherald.com/content/539095/cid-ordered-probe-multi-crore.html) The brief of fraud: It…
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Fund Raising is seen as a challenge by many SMEs. The methodical approach can assist to maximise the benefits. Fundraising (loan or equity) has been a challenge for SMEs- be…
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