What is the Difference Between Startups and SMEs

Both startup founders and small business owners go through the same new business setup and growth curve in terms of investment and lack of a corporate structure. But their funding mechanisms are completely different, their route from idea to commercial operations is different, and their customer base is typically not the same either. 

 September 7, 2017  Dolly

Small Business Associations and Networking Groups

An article in the Business Insider on the “Micro Merchant Market Sizing and Profiling Report” by MasterCard, in collaboration with Confederation of All India Traders, states that small businesses contribute 45% of India’s GDP. That’s three times more than what Corporate India does, and that too at an annual growth rate of 11.50%. Helping them in their efforts are Small Business Associations and networking groups….

 September 5, 2017  Dolly

What is MSME?

MSME is an acronym for Micro, Small and Medium Enterprises. MSMEs are basically small-sized businesses defined in terms of their investment. 40% of India’s gross industrial output is contributed by MSME. 45% of India’s total export is from MSME. India’s second largest Employer after Agriculture. Undoubtedly the…

 August 30, 2017  Dolly

Analysis of Startup Failure Due to Premature Scaling Characteristics

We all know the economic importance of providing a business environment in which startups can thrive, but there’s no scientific method or formula that leads to successful startups. According to the Startup Genome Report, 90% of the time, startups fail due to self-destruction and not due to competition. 10%…

 August 26, 2017  Dolly

Affordable Health Benefit Plans for Indian Small Businesses

The biggest challenge for small businesses in India is not about finding the right talent, but retaining your most valuable employees. One way to keep trained and experienced SME staff from leaving is to offer perks such as employee health insurance that they might lose if they quit. This is a perk that is at present barely offered by India’s…

 August 21, 2017  Dolly

Workplace Health and Fitness at Evoma

India is already a member of the exclusive club of obese nations, with around 5% of its population affected with this malady. The IT and tech workforce takes a large and unhealthy slice of this 5%. Definitely, you don’t want to be one of them. In this post, I’m sharing with you a few things that we provide at Evoma to our startup and SME…

 August 17, 2017  Dolly

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