Author: Small Enterprise India

SmallEnterpriseIndia, the one-point MSME educational and reference repository, provides a platform that enhances the visibility of integral players in India’s economic growth story

MANAGING CREDIT RISK

Small Enterprise India

Making decisions is a significant part of managing an SME. Customer payment is one decision-making scenario that frequently results in problems. When it comes to consumer payment, you must always choose carefully because it can make or break your firm. In addition to being necessary for business, giving credit to customers is also ethical. However, this is vulnerable to credit risk, along with other things. A late-paying customer can cause turmoil for SMEs with little outside support. Maintaining a robust credit system is key to handling strict credit management and…

MAKING THE MOST OF YOUR MARKETING

Small Enterprise India

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 of Business is called Marketing. Making the term accessible creates value or provides utility for the consumers or end-users, resulting in profits for the business house by delivering the product…

CHANGE MANAGEMENT

Small Enterprise India

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

Small Enterprise India

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,…

WORK ODYSSEY WITH BETTER COLLABORATION

Small Enterprise India

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 other organizations. But the question is, whom to collaborate with? However, it’s better to confirm one main thing for sure, do not collaborate with an organization that has the same…

NEED FOR MSMEs TO TURN TOWARDS TECHNOLOGY

Small Enterprise India

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 various benefits of implementing technology to support their growth. Here’s How Technology Can Help MSMEs Strive and Scale Today’s consumer behavior is rapidly changing, and digital trends are accelerating…

RESPONDING TO COMPETITION

Small Enterprise India

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 sectors, their performance in the international markets has much scope for improvement. MSMEs account for 90% of businesses, 60 to 70% of employment and 50% of GDP Worldwide. It is…

HIRE PEOPLE WITH POSITIVE ATTITUDES

Small Enterprise India

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 skill set. While talent can be learned, factors like temperament and personality are more difficult to change. They do, however, have a significant role in how well someone will work…

THE POWER OF SMALL: UNLOCKING THE POTENTIAL OF MSMEs

Small Enterprise India

Micro, small and medium-sized enterprises (MSMEs) constitute an integral component of any economy. A resilient MSMEs sector is a catalyst for stimulating innovation, sustainable economic growth, domestic demand and inclusive growth in an economy. In the Indian economy, MSMEs are essential for development as they create jobs across different industries, improve value-added and influence trade; these invaluable contributions are central to the efforts to achieve inclusive growth. The webinar will allow MSMEs to share their insights with industry experts on how they are managing the health, social and economic challenges…

TX9 FT350 rising in the green EV Market: 201 Kilometres on a single charge

Small Enterprise India

As we know fossil fuels are rapidly depleting, due to which the electric vehicle industry is rapidly growing as a viable alternative to gasoline-powered automobiles. The environment is getting increasingly polluted across the world, and traditional automobiles are contributing significantly to this problem. Adapting to the electric – vehicle trend is critical for making the planet a better place for the current and future generations. Many technical businesses are approaching the market to see what prospects exist, but TX9 stands out among the rest. TX9 is one of India’s premium…

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