India’s MSME (Micro, Small, and Medium Enterprise) sector plays a pivotal role in economic growth. It contributes to approximately 30 percent of the national GDP and is a requisite generator of employment, with roughly 6.33 crore Micro, Small and Medium…
The Union Cabinet today approved the PLI Scheme for Textiles which will boost domestic manufacturing and exports through MMI apparel, MMI fabrics, as well as 10 segments/products of technical fabrics with an outlay of around Rs 10,683 crore for the…
Cash flow can be defined as the total amount of money moving into and out of a business. Cash flow management can have a significant positive impact on the financial health of a company. Every business, big or small, should…
Everyone wants their business to make profits. However, if you are starting a business now, it might be a few years until you enter the profit territory. Even then, you might be stuck at the break-even point for a while.…
Financial risk is usually related to many small businesses. Small business owners are at constant risk of losing large sums of money. These losses occur when they are using debt financing to open and run their business. This financial risk…
