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WHY SME IPOs ARE CRUCIAL FOR THE FUTURE OF FAMILY-RUN BUSINESSES

India stands on the brink of a golden era, poised to achieve a $10 trillion economy within the next 12-15 years. A pivotal strategy in this ambitious journey is the transformation of Small and Medium Enterprises (SMEs) into large corporates. However, five major challenges hinder SMEs from reaching their full potential: lack of professionalization, unclear succession planning, absence of high-growth strategies, reluctance towards equity participation, and poor wealth management. Among these, equity participation holds the key to unlocking solutions for the other four issues. The Journey of SME IPOs Although…

India’s Union Budget 2024: Transformative Measures for the MSME Sector

On July 23rd, Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25, emphasizing support for Micro, Small, and Medium Enterprises (MSMEs). This year’s budget introduces innovative measures to drive growth, technological advancement, and global competitiveness within the MSME sector. Here are the key updates and their potential impact: Focus on Innovation and Technological Advancements The budget has introduced several measures aimed at fostering innovation within the MSME sector. Initiatives designed to encourage technological advancements and the development of new business models are at the forefront. MSMEs…

July Spotlight: SMEs Breaking Barriers and Going Public

The July 2024 issue of Small Enterprise Magazine is one of our most anticipated editions. This month, we delve into the transformative journey of SMEs breaking barriers by going public, under the compelling theme, “Breaking Barriers: IPO for SMEs.” This issue is a treasure trove of success stories, shedding light on the remarkable journeys of SMEs that have achieved the ultimate business milestone—going public. Each story narrates the relentless pursuit of growth, the hardships faced, and the substantial business expansion post-IPO. These narratives are not just inspiring but also educational,…

The Growth Strategy of SME IPO Funding for Franchising Businesses

It’s Time to Work on an SME IPO Funding Strategy for a Franchising Business! Franchising has proven to be a robust and mature business model, gaining significant traction across the globe. From the United States and the United Kingdom to New Zealand, Australia, and various European countries, franchising is becoming increasingly popular. This trend is now evident in Asian countries as well, with South Asia, particularly India, leading the charge. India, with its vast population and growing middle class, is a fertile ground for franchising opportunities. The rise of the…

How to Build a Product that People Want

Are you a budding entrepreneur with several innovative ideas, but not sure if they would be successful? Are you brainstorming on developing a product but don’t know how to execute your ideas? Are you confused about where to begin? These are some of the most common questions that bother every entrepreneur. The process of developing a new product from concept to reality is one of the most crucial and challenging phases of every entrepreneurial journey. It is challenging because in this age of cut-throat competition and millions of options to…

An Unforgettable Evening at the Dhanam Business Awards 2024

What an amazing night it was! The business doyens of Kerala and India came together at the 16th annual Dhanam Business Awards 2024, creating an atmosphere filled with inspiration and achievement. I was privileged to be invited by Kurian Abraham Dhanam, MD and Publisher of Dhanam Business Media , to attend this remarkable gathering, marking one of Kerala’s most significant business summits. My heartfelt thanks to Kurian for this incredible opportunity to engage with the top business leaders of the region. The evening was enriched by fruitful discussions with notable figures…

Call for IPO Success Stories: Share Your Journey in Small Enterprise Magazine’s July 2024 Issue

We are thrilled to announce an exciting opportunity for SMEs that have successfully gone public in the last five years. The upcoming July 2024 issue of Small Enterprise Magazine will feature a special cover story, “Breaking Barriers: IPO for SMEs,” celebrating the pinnacle of business achievement. This issue will showcase the inspiring journeys of over 25 successful SMEs that have recently gone public. Why This Special Issue Matters The decision to go public is a significant milestone for any business, marking the transition from a privately held entity to a…

Join Us Today: International MSME Day Webinar on “Transforming MSMEs for a Sustainable Future – Embracing the Circular Economy with a Human-Centered

Join us today, June 27, 2024, at 3:45 PM for a pivotal webinar celebrating International MSME Day. This year’s theme, “Embracing the Circular Economy with a Human-Centered Approach,” underscores the transformative role of Micro, Small, and Medium Enterprises (MSMEs) in advancing sustainable development. The circular economy, a model replacing the traditional linear “take-make-waste” paradigm, emphasises continuous resource utilisation, waste elimination, and socio-economic development. Central to this model is a human-centered approach that places individuals and communities at the forefront of sustainable transformation. By considering people’s well-being and fostering inclusive participation,…

Small Enterprise Magazine – June’24 Issue

As we pass the halfway mark of the year, the next six months and beyond are crucial for your business growth. Access to finance has become the most critical aspect of any enterprise. The days of relying solely on traditional banking are behind us, with Fintech revolutionising the financial landscape. From the innovative launch of UPI in India to the rapid expansion of Fintech platforms, conducting transactions and fundraising has never been easier—it’s all just a click away. In this issue, our cover story delves into the major aspects of…

International MSME Day 2024: Embracing the Circular Economy with a Human-Centered Approach

The International Micro, Small, and Medium Enterprises (MSME) Day 2024, on 27 June 2024, offers a profound opportunity to reflect on the pivotal role these enterprises play in fostering sustainable development, especially through the lens of the circular economy. The theme, “The Circular Economy – A Paradigm Shift with a Human-Centered Approach and MSMEs’ Role,” underscores the essential integration of human-centered design in driving this transformative economic model. The Human-Centered Circular Economy At the heart of the evolving circular economy is a commitment to human-centered principles. This approach places individuals…