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customer loyalty

How to retain customer loyalty for SME’s

It may come across as though big companies always tend to retain customers and have a strong customer loyalty program. In reality and based on statistics, small businesses tend to have stronger customer retention, due to the personalization these small businesses can offer. Now that the...

How to retain customer loyalty for SME’s was last modified: May 24th, 2019 by Harini Iyengar

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RBI's

How RBI’s ban on Lou’s is affecting SME’s

After the infamous Nirav Modi scam came to light the RBI on 14th March decided to put a ban on Lou's- Letter of Understanding What is Lou's? Lou is a bank guarantee using which a customer can borrow money in the form of short-term credit from another...

How RBI’s ban on Lou’s is affecting SME’s was last modified: May 24th, 2019 by Harini Iyengar

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SMEs go digital, with business a click away!

India has been an economy that extensively revolved around hard cash for any business exchange. 85% of our labour force received wages in cash. Wondering why? Well, the absence of bank accounts for more than half of our population could be the rationale. More than...

SMEs go digital, with business a click away! was last modified: May 24th, 2019 by FlexiLoans

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Turning Practical “Buying” into a Profitable “Purchase Model” for SME

In the economic fabric of India, Small and Medium Enterprises (SME) have a significant role to play. A sector with an assortment of 6,000 products, contributes to an approximate 8% of the GDP in India and facilitates 45% of industrial output and 40% of exports...

Turning Practical “Buying” into a Profitable “Purchase Model” for SME was last modified: March 28th, 2019 by FlexiLoans

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What can SMEs expect from Budget 2017?

Beyond the glass walled buildings and air-conditioned offices one sees in cities, are small offices built in residential apartments, factories and foundries. These units make up India’s booming SME sector. A sector much applauded for its contribution to employment, manufacturing output and exports. A sector...

What can SMEs expect from Budget 2017? was last modified: May 24th, 2019 by FlexiLoans

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GST set to shake the world of SMEs

Finally, the biggest Tax reform since Independence leading to ‘One Nation, One Tax’ is almost set to be rolled out in India, vide Goods and Services Tax (GST). Did you know, GST is already rolled out and adhered to in over 160 countries world-wide? So...

GST set to shake the world of SMEs was last modified: March 28th, 2019 by FlexiLoans

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