CHANGE MANAGEMENT

Change management isn’t just an exercise for big companies in the middle way of transition. Smaller businesses need to help and guide their employees through change. The businesses fail in the execution phase of the change management efforts as per the explanation from the team of senior managers. What is the reason behind the failure? What are the improvement steps that can be the milestone to the change management of a company? The team is here to assist you with the resolving options that can trigger your process to find…

Hackathon by Startup Karnataka and CoinSwitch to find the best blockchain builders to solve urban challenges

Dr. E.V. Ramana Reddy, Additional Chief Secretary to Government of Karnataka, Commerce, and Industries, Department of Electronics, Information Technology, Biotechnology, Science & Technologyand Vimal Sagar Tiwari, Co-Founder and COO of CoinSwitch, inaugurated Building Future Cities 24-hour blockchain hackathon in Bengaluru on Friday. The hackathon aims to stimulate blockchain-based smart solutions to urban problems, and received over 1500 registrations. Over the course of 24-hours, the participants will devise and exhibit blockchain-based solutions to problem statements on smart mobility, energy credits and trading, decentralized waste management, secure digital identity and certificate management,…

BE FUTURE-READY WITH PREPLANNED MEASURES & STRATEGIES

In today’s environment, MSMEs are facing a number of challenges, including tax reform and global solidarity in fighting various business issues. While this may not be enough, there are measures that can help these businesses weather the storm. These measures can provide much-needed financial support to the MSMEs. The financial aid for these businesses will go a long way in preventing job losses and boosting business survival. Many of the issues that MSMEs face are based on their size and nature. The external environment is murky, and one-fourth to one-fifth…

OVERCOME MAJOR BUSINESS CHALLENGES

Even after strongly steering across the professional journey, MSMEs still face multiple challenges. The economic climate in India is still sluggish, and the government’s policies are not enabling them to compete successfully in the global market. Among these challenges are the lack of finance, poor access to credit, and inefficient distribution of tasks. As a result, most of the MSMEs are operating in the informal sector, where financial documents are not always available. Challenges for MSMEs are truly real. Let’s enlist them one by one and discuss the ways to…

HOW STREAMLINED CASH FLOW EXEMPLIFIES POSITIVE FINANCIAL HEALTH

Cash flow and financial management are extremely important for MSMEs, as it helps ensure that bills and employees are paid on time. This, in turn, helps the business grow. MSMEs fall into one of three categories: manufacturing, service industries, and a combination of the two. Effective management of cash flow is vital to the success of any business, and it can help you grow faster.  Cash flow management is the most imperative aspect of running a business. Studies have showcased that 60% of businesses fail because they aren’t able to…

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