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Getting started with a business is not easy in today’s world. There are several challenges regarding it. Starting a business requires money and innovative ideas and adaptability to the changes in the market scenario, which will help the business flourish. Several small business owners start a business and run it for a few days. But …
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On Friday, the government reinstated retail and wholesale trade under the category of Micro, Small and Medium Enterprises(MSMEs) after 4 years, making such entities eligible for priority sector funding and special liquidity scheme from banks. According to MSME Minister Nitin Gadkari, this would benefit 2.5 crore enterprises across the nation. This is a move in …
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The past week the world celebrated the Micro-, Small and Medium-sized Enterprises Day on June 27th. The UN General Assembly in its 74th Plenary held on the 6th April 2017 declared 27th June as Micro, Small and Medium-sized Enterprises Day, recognizing the importance of Micro, Small and Medium-sized Enterprises in achieving sustainable development goals and …
In accordance with the latest notifications released by the Ministry Of Micro, Small and Medium Enterprises, Government Of India(GOI), published in the Gazette Of India dated June 1st, 2020, the classification of micro, small and medium enterprises is as follows: a micro-enterprise is where the investment in Plant and Machinery or Equipment does not exceed …
This is the millennium of technological marvels. While technology is supposed to make your life easier, sometimes, it makes our lives a wee bit more complicated. The world is divided into two groups- those who understand technological aspects and those who don’t. SalaryBook provides the MSMEs with a platform that is very easy to use …
In the state-of-the-art aggressive commercial climate, commercial enterprise proprietors are searching for improvements in quality while reducing costs. Meanwhile, a robust economy has resulted in a more demanding job market. So at the same time as small agencies want to get greater from their personnel, their personnel are seeking out greater out of them. Employee …
With online competition growing daily, every retail manager wishes they had more hours to deal with the day-to-day challenges. These include operation management, customer equity services and training and hiring of employees. Fierce competition has lead to more time being spent on strategising and has thereby left decisive tasks such as employee management to last. …
At its core, the COVID-19 pandemic is a human crisis. COVID-19 has changed the experience of work for the vast majority of employees. It forced organisations across the globe to adapt how work is organised and how jobs are designed. The transition from on-site work to work from home has been an abrupt and sudden …
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Businesses have often been hesitant about hiring IT services as it is assumed to be a high budget. Expenses for IT services vary based on the kind of business you own. So, why does your business requires to go the e-Way in today’s world? Let’s dig in and find out. Well, at the moment, the …
The COVID-19 Pandemic has shattered economies like never before. Its impact has been felt across all sectors and levels of businesses. Expenses have been tough to manage for everyone. The financial impact of the COVID-19 pandemic on businesses has been huge. Small to Medium Enterprises(SMEs) have experienced the maximum impact of it. Keeping track of …