Small and medium-scale enterprises find it very challenging against the MNCs and other powerhouse competitors, especially when it comes to financial backing. However, there are many different financial and non-financial institutions present in the market to provide these small businesses…
During the early growth stage of the MSMEs, they require appropriate and adequate capital infusion in the form of term loans and working capitals. The sources on which MSMEs were dependent in the recent past are: Backing up through sales…
One of the biggest challenges for a small business is to hire the right and efficient workforce for business. According to research, the main problem lies in getting the right candidate to apply for the job, identifying his capabilities, and…
A small business owner may face a liquidity crunch at any time. No matter how much he plans for the situation, it is an inevitable part of running a business. This situation can harm the business like no other. Therefore,…
MSME sector is an important pillar of the Indian economy. It is a vast network of around 30 million business units and is monitored by the central government of the country. The government offers the sector with financial assistance to…
