Small Enterprise Magazine - September 2019

In this issue

From the recent events we conducted, one primary issue that I kept coming across was the challenge faced by SMEs that are either involved in the logistics industry or require logistical support for delivering their goods and services. In today’s highly competitive business environment, where e-commerce and internet-based businesses are growing at a meteoric pace, logistics has become so vital that it can make or break your firm’s credibility and reputation. While e-commerce giants like Amazon and Alibaba are spending millions of dollars on nailing their supply chain management, small and medium businesses are struggling to fulfil the lofty consumer expectations on a shoestring budget. In times when one-day delivery of orders at the customer’s doorstep has become a benchmark for sound logistics, SMEs are striving to manage their supply chains efficiently with limited resources. This inspired us to explore the domain from the perspective of a small or medium business owner and share our insights regarding various aspects of supply chain management with our valued readers. This month’s issue is based on the theme “Logistics and Supply Chain Management in Small Businesses”, which is an extremely crucial aspect of any supply-based business.
This issue delves into various logistics challenges faced by small businesses and their solutions, the modern supply chain practices and how small and medium businesses can implement them efficiently, the current trends in the logistics industry and what to expect in future, the importance of supply chain management and essential tips on how to achieve sound and efficient logistics and a lot more. With this month’s issue, we have made sincere efforts to enlighten our readers about different aspects of the logistics industry and address all possible doubts and queries through our well-researched articles. We have also incorporated several success stories to inspire the budding entrepreneur in you!
Happy reading!

Corporate Tax Cut: The Long And Short Term Implications

The current slowdown of the Indian economy from 8% to a six-year low of 5% has put the government into a panic mode, where it is struggling to salvage the situation by making some huge economic decisions. Corporate Tax cut announced by Finance Minister Nirmala Sitharaman. The news came as a welcome surprise for the business community and is expected to play a significant role in recovering from the damage in the coming months.

3 mins

Upasana Taku's Mobikwik Journey

‘Kick up a storm or die trying’ is the mantra she followed at all times. Upasana Taku is a true example of how courage and determination can take you places you never dreamt of.

3 mins

BYJU Raveendran: The Fascinating Story Of A Visionary

This mantra might sound pretty simple and straightforward, but in reality, it is the biggest challenge for a teacher to evoke joy in the process of learning. Children, who are the future of any nation, have fertile minds that need to be nurtured with good education for a brighter tomorrow. When the foundation of education is strong, the future of the society is secure. But, how can we ensure that the way we are teaching children is good enough? The answer to this question can be quoted in Byju Raveendran’s words i.e. “We need to make sure that students are not passive learners, but active learners”.

3 mins

How Small And Medium Businesses Can Go Global

Every business owner dreams of building a flourishing business that transcends the local boundaries and becomes a brand at the global level. These aspirations might seem farfetched in the beginning but in today’s globalised world, opportunities are plenty for those who are willing to take the plunge. Since, SMEs have demonstrated immense potential and emerged as significant contributors to the economy, the government has also started providing international platforms and encouragement to SMEs to go global. However, the process of ‘going global’ is not an easy one. It requires meticulous planning and methodical execution to be successful in the international market. Here is a simple roadmap to help those who might be perplexed about where to begin.

3 mins

Read all stories from Small Enterprise

Small Enterprise Magazine Description:

The highly informative online repository for the micro, small and medium enterprises (MSMEs) in India, ‘Smallenterpriseindia.com’, is dedicated to provide current news and related information from the medium-sized business economy to the SMB fraternity on a daily basis. ‘Smallenterpriseindia.com’ online business news portal facilitates direct exchange between the large networking of the Indian SMB community and other entrepreneurs in the small and medium-sized business segment, connecting them to opportunities available domestically and globally.

‘Smallenterpriseindia.com’ is a functional professional training cockpit for the entrepreneurs which expands the comprehensive audience and complement the complete package. The portal is a repository of verified reliable professional information, providing support through useful working tools as well as online campaigns, seminars, road shows and live trainings on trend issues and important reforms. We focus on in-depth coverage of the Indian small and medium businesses, success stories, case studies etc, enabling the target audience to communicate, collaborate and understand the industry, market as well as opportunities available locally and globally in a better way.