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Ever since the onset of the financial crisis, the global economy has been struggling to revive itself and achieve a healthy growth rate. The global growth rate for last year and this year are projected at 3.40% and 3.80%. But…
“Aircraft giant Boeing has added a new facility to its Engineering and Technology center in Bengaluru, nearly doubling its facility in India.” – The Hindu. The above news byte, taken in conjunction with the fact that this Boeing Engineering &…
I’m not going to talk about the environment or the urgency of tackling the crisis of climate change and global warming. Instead, let’s take a look at the cost benefits of going green. To get more information about how an…
If you’re a foreign entity considering entering the Indian market, you’ll be making an FDI investment. This means there is more assistance available to you (through Make in India, Invest India, etc.) than is to the usual domestic business firms…
The business mentors and financial industry experts we work with keep telling us that entrepreneurs and business owners should not spend any of the funds they raise while they’re still in the initial stages of starting a business. On the…
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…
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…
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…
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…
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…