The Essence of Leadership for Small Business Owners

In the dynamic landscape of small businesses, leadership plays a pivotal role in shaping the trajectory of success. Small business owners, as leaders, wield a unique influence, standing as beacons of inspiration for their teams. This article delves into the essence of effective leadership in the realm of small enterprises, exploring what makes these leaders stand out and how they set an indelible example. Beyond mere management, these leaders lead by example, embracing transparent communication, motivation, and mentorship to foster an environment where every team member can flourish. By examining…

Kerala SME Talent Quest: Unlocking the Future of Your Business

Step into a transformative journey with the Kerala SME Talent Quest, a groundbreaking initiative designed to fuel the growth of small and medium enterprises across Kerala. Organised by Small Enterprise India in collaboration with Kerala Knowledge Economy Mission (KKEM) and Kerala Development and Innovation Strategic Council (K-DISC), this event is set to be the largest job fair in the state, bringing together the finest talent and forward-thinking businesses. Starting from 12th October 2024, the Kerala SME Talent Quest offers an unparalleled opportunity to connect with a rich pool of skilled…

Annapurna Swadisht: Rising to the Top — From Humble Beginnings to a Publicly Listed FMCG Powerhouse

Incorporated in 2015, Annapurna Swadisht Limited is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips and Gohona Bori. Annapurna Swadisht Limited sells more than 12 Lakh packets of products daily. The company is one of the largest FMCG players in Eastern India and we are the fastest-growing segment in Fryums, Cakes, Candies, Namkeen, and Potato Chips. Annapurna Swadisht Limited has two manufacturing units one in Asansol with a constructed area of approx. 50,142 sq. ft. and in Siliguri with a constructed area of approx. 35,000…

Celebrating India’s 78th Independence Day: Reigniting the Spirit of Entrepreneurship

As India proudly celebrates its 78th Independence Day, we reflect on the remarkable journey of our nation and the entrepreneurial spirit that has fueled its progress. This day is a celebration of our freedom and a tribute to the resilience, innovation, and determination of the countless entrepreneurs who have played a pivotal role in shaping India’s economic landscape. The entrepreneurial spirit is the heartbeat of our nation, driving growth and creating opportunities in every corner of the country. From small villages to bustling cities, entrepreneurs are the true champions of…

Breaking Barriers: GYR Capital Advisors’ Pioneering Journey in SME Investment Excellence

In the dynamic world of investment banking, GYR Capital Advisors stands out as a trailblazer, committed to realising the dreams of countless businesses across India. Led by the visionary Abhishek Sharma and Mohit Baid, GYR Capital Advisors exemplifies excellence and innovation in the financial sector. Abhishek, a Chartered Accountant with a decade of rich experience, brings invaluable expertise from his tenure at leading organizations such as the Godrej Group and Zydus. His comprehensive knowledge spans Corporate Finance, Merchant Banking, Valuations, Tax Advisory, and more. Complementing him is Mohit Baid, a…

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…

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