SMEs and Startups

SMEs and StartupsSpecials

The Next Frontier: Strategic Decision Making for MSMEs in India’s

By Snehkumar Purohit Today Micro, Small, and Medium Enterprises (MSMEs) emerge not merely as participants, but as visionary trailblazers, skillfully navigating a path towards a future brimming with prosperity. In addition to MSMEs pivotal role in driving current economic growth, it is imperative to recognize that MSMEs are emerging as the linchpin for fostering innovation, generating employment opportunities, and cultivating a resilient ecosystem that positions India prominently on the global stage. As we stand at the crossroads of 2024, the focus intensifies on the MSME sector, where strategic decision-making isn't...
SMEs and StartupsSpecials

Business consultancies can play a crucial role in addressing these challenges of MSMEs

By Mukesh Mathur Having been a business leader in many corporate enterprises for three decades, eventually now as management consultant and trainer, I have come across many small and medium-sized enterprises (SMEs) that struggle with managing their business operations effectively. Their challenges include managing cash flows and resources, conceptualising new innovative business growth plans to adapting to the ever-changing business environment. Many of these SMEs successfully partner with business consulting firms who in turn work closely with SME clients to understand their unique challenges and opportunities, and develop strategies to...
SMEs and StartupsSpecials

Empowering SMEs: Customized Digital Banking Solutions for Small Businesses

By Harshavardhan Pusala In today's fast-paced and digitally driven world, small and medium-sized enterprises (SMEs) play a vital role in the global economy. As per world bank SMEs and mid-sized firms, constituting 90% of businesses and over 50% of global employment. SMEs are focal point due to the need for 600 million jobs by 2030 to accommodate the expanding workforce, contributing significantly to job creation, innovation, and economic growth. However, SMEs often face unique challenges, particularly in managing their finances efficiently. This is where customized digital banking solutions come to...
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