Launched in 1990, Tradeindia.com, a leading B2B marketplace owned by Infocom Network Ltd, has come a long way in helping millions of MSMEs conduct business digitally, making their lives easier and doubling their business growth year-on-year. Small Enterprise India caught up with Sandip Chhettri, CEO, TradeIndia, for an exclusive interview. An accomplished e-commerce and business expert, Chhettri is a well-known…
Headstart HS.X 2022 concluded successfully on 15th October’22 at the IIIT Bangalore campus. The journey started in 2007, by getting all stakeholders of the startup ecosystem together, to initiate Startup conferences. Since then Headstart have expanded to 23 cities across India. They have created over 20 different initiatives to add value to early stage startups in the country. The massive…
In the ball game of Business in the Indian perspective the need to acquire, invest and diversify funds meets a huge part of financing roles of the Management of any Business. Big tycoons and business giants tends to chuck out funds from diversified sources and also provide good support to the lenders in the long run of doing business. At…
India has about 60 million+ Micro Small and Medium Enterprises, including registered and unregistered ones. SMEs have contributed about 40% of total manufacturing and 34% of total exports to the Indian Economy. They have become crucial; to the country’s economic growth, leading to employment generation and entrepreneurial development. SMEs are heavily reliant on debts to fulfil their start-up needs, cash…
Small and Medium size Enterprises may be a new term in economics, but it is an ancient system in its existence. It starts from earlier small-scale animal husbandry or dairy farming to making mechanical parts. All are perfect examples of SMEs. In the present time, ancient enterprises are progressing and presented in a more polished way. The SME industry is…
Time management or self-management is the most meaningful aspect of the life of businesses and individuals. Sometimes, it can even turn out to be your biggest threat. Individuals are responsible for how they spend their precious time. The way entrepreneurs and business leaders manage their time is unique to them. Time does not wait for anyone. The cause of someone…
A good preplanning strategy will not only help you through a crisis, but it will also help you protect your employees, your business, and the economy in general. If you’re a micro or small business, planning ahead is essential to avoid major losses resulting from a crisis. It’s also an apt way to learn from past experiences and prepare for…
The e-commerce sales cycle is one way to understand MSMEs’ challenges. In an ideal world, a buyer would click on a link; a fulfillment system would select the product, fill out the customs form, and deliver the shipment to the buyer’s doorstep. However, in developing countries, this kind of convenience is still far away. The weaknesses of an MSME’s e-commerce…
We all know the idiom “if there is a will, there is a way” this will be the only mantra for the small-scale industrialists to make it bigger. Determination and challenges are essential to survive in our highly competitive business industry. First, we must keep faith within to conquer our target. Let’s look closely at the life of business tycoons.…
Developing a community around your products or services is an excellent way to get new customers. MSMEs that lack access to loans or finance can’t buy a sturdy retail space. Flash floods can wipe out all the inventory in one day. Animal breeders don’t have access to weather forecasts, and drought can cause herds to perish. By building a community…