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…
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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…
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…
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…
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…
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…
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,…
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…
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…
How Big Data Can Transform Indian SMEs into Powerhouses of Innovation
In the digital age, data has emerged as a crucial asset for businesses of all sizes and sectors. For Small and Medium Enterprises (SMEs) in India, big data presents a transformative opportunity to unlock their potential, improve productivity, and accelerate growth. This potential, however, comes with significant challenges that require strategic foresight and robust implementation. This article explores the opportunities…