Giving insights into the economic plan which comes as an integral part of the Atma Nirbhar Bharat Abhiyaan, Nirmala Sitharaman, the Finance Minister of India, announced major revisions in the definition of MSME or Micro Small and Medium Enterprises. The announcement was made on Wednesday, May 13th, and what came as a complete upside-down case …
Read MoreThe Coronavirus pandemic has struck hard. It has forced some of the most powerful countries to contain their population in their homes, and the same goes for India. With such huge pressures on people, the administrators, and the governments across the nation, it is quite likely for the small businesses to suffer a big blow. …
Read MoreWith the stock markets dropping and the COVID-19 cases heaving, small business owners are scrambling to find out the ways that can help them in dealing with disruptions. The pandemic is constantly spreading and affecting the world. Small businesses in India are fighting this double battle of managing operations and misinformation at the same time. …
Read MoreThe entire world has become the victim of another pandemic- COVID-19. It has led to a very stressful situation. The pandemic is hugely impacting businesses across the country, and livelihoods of all associated are in great jeopardy. Approximately 62% of business owners who took part in an online survey stated that their businesses have full …
Read MoreRunning a business definitely requires a lot of effort, hard work, and strategy that ensures your business can thrive or at least float through unforeseen circumstances. However, many a time it becomes difficult to prepare for every unprecedented event or situation, and recent times have shown us just how much. In the wake of COVID-19, …
Read MoreMany individuals like to have small businesses of their own instead of working for others. It helps them in being their masters as they have complete control over the products they sell; on the people they hire and on the way they conduct business. But all this does not give them the power to do …
Read MoreA recent survey carried out by the Federal Reserve Bank shows the credit environment, business condition, and insurance coverage of small and medium businesses. Of all the affected businesses, the survey put forward that only 4% has not faced any revenue losses, while 61% of companies suffered significant losses. The reality is that majority of …
Read MoreEvery year, thousands of ambitious businesses take a kick start. But sadly, only a few survive and thrive for growth. A vast majority of businesses shut within a few years of their inception. Owing a business appears very appealing but in reality, it requires overcoming tons of challenges. Running a business and turning it into …
Read MoreHeading towards the path of entrepreneurship isn’t an easy task. Starting a business is rewarding but making it run for a long is daunting. Being a business owner you come across countless challenges. With every new day, comes a new challenge. And every obstacle that you encounter on your path requires an urgent rectification. Regardless …
Read MoreHaving a passion to become a business magnet does not alone take you to that level. Don’t think we are discouraging you. But you need to understand a few basic financial management tips in your day to day business to sustain and succeed in business. We are glad that you see your zeal in becoming …
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