BILL DISCOUNTING – HOW CAN SMEs BENEFIT
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Bill discounting or invoice discounting is the chance to borrow the sanctioned amount of short-term based funds from a lender on the outstanding invoices that the borrower holds. Small or medium-sized businesses require such funds to continue meeting their daily needs. Let’s take an example from our daily schedule of excessive outstanding in some cases. There may be situations when…

THINGS THAT SMALL BUSINESSES CAN ADOPT FROM LARGE CORPORATES
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Small business owners often dismiss certain best practices, processes, technologies etc. as not being relevant in a smaller ecosystem. They may have created a handicap for themselves with this thought process. Over my years coaching SME business owners and Startup founders, I have identified a few things that small businesses can adopt from large corporates. They may require a little…

EMBEDDED FINANCE FOR SMEs WITH BANKS AND DIGITAL PLATFORMS
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The technology-driven era of modern society has captured the vast area with ease for a diverse set of activities including financial transactions. Embedded finance for SMEs in the same context is the revolution for SMEs from tiring sessions of banks. Embedded finance provides financial services to SMEs at the right period by reducing friction and opening the new possibility for…

STRENGTHENING INSTITUTION INDUSTRY INTERACTIONS THROUGH ACADEMIC INNOVATIONS AND INCUBATORS
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The relationship between academia and industry is a well-known concept. However, improvement is necessary to move from the traditional exchange of funding for research to the creation of long-term strategic partnerships incubators and innovation activities in the academic organization. The purpose of this study is to explore and design an innovative and sustainable framework to improve the industry-academia link by…

RETAINING THE BEST EMPLOYEES
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Companies prioritize employee retention since replacing employees, especially effective ones, takes time and money. Having brilliant workers leave your firm might pressure current employees who must take on more work until those jobs can be filled. Given this, it is critical to prioritize the retention of your top staff. Keeping your best employees these days is difficult. The workplace is…

GOVERNMENT SUPPORT OF SME FINANCE
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India has about 60 million+ Micro Small and Medium Enterprises, including registered and unregistered ones. SMEs have contributed about 40% of total manufacturing and 34% of total exports to the Indian Economy. They have become crucial; to the country’s economic growth, leading to employment generation and entrepreneurial development. SMEs are heavily reliant on debts to fulfil their start-up needs, cash…

UNLOCKING THE GROWTH OPPORTUNITY FOR MSMEs
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In the current economic climate, unlocking growth in micro, small and midsize enterprises is critical for the survival of businesses. Globalization has introduced many new regulations and policies that have a direct impact on the way companies do business. In addition, as India becomes more regulated, businesses are challenged with trying to comply with them. Simplifying business processes and systems…