You must always stand out and shout or show your product in the busy business world. Your primary aim would be to search for a targeted audience or projected consumers how your business product or services would help the end-user, consumer or customer, making their lives more fun and accessible through what they are selling. The process in the world…
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…
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…
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…
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…
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…
The life of entrepreneurship is full of wild rides in pursuit of revenue and customers. The world is ready to tell you which ads you should run or which social media posts you should manage. Some entrepreneurs do not have an endless budget and time to invest in their businesses. It’s good to have thought of collaborating or partnering with…
As the economy slows and trade slackens, MSMEs need to focus on restructuring strategies. To do this, they should embrace technology to foster with time. Developing this capability will help them deal with economic burdens, supply chain disruptions, and more. By taking advantage of technology, MSMEs can enhance their competitiveness and adapt quickly to new challenges. This article will highlight…
The contribution of MSMEs has always been central to the growth of an economy. Over the last few years, various steps have been taken by the Government and regulators to strengthen the MSME ecosystem. MSMEs sector has been at the centre of attention for a long time now. While MSMEs in India continue to remain one of the highest employment-generating…
It doesn’t surprise me to think about how hiring based on attitude is a smart move when you consider how much of an impact your attitude has on how you conduct business. Most people aren’t a perfect fit because they won’t always have all the abilities required for a job, but attitude is what shines through any gaps in one’s…