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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…
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…
The way you run your business and the way you eat are deeply connected. Let’s face it, you startup founders lead a very busy life and easily fall prey to the “Everything or Nothing” syndrome in which you focus all…
Replacing an employee is a costly affair, upwards of twice an employee’s salary to find and train a replacement. It hurts a lot where it matters the most – your company’s bottom line. Not to mention the impact on the…
“95% of everything you do is the result of habit. So the rule is to allow good habits to become your masters than let bad habits form.” – Aristotle. If you look at CEOs running successful companies, you will find…