Small Enterprise Magazine - May 2021

In this issue

Small Enterprise magazine May Issue
Cover Story : Small to BIG – Challenges of Growth

Excelling in the business community is the only dream of a small business owner. You may dream to become the next Microsoft or Tata. But is it easy to make it possible? You might be wondering how to beat the leaders of the business ecosystem amidst such a competitive environment.

In this issue, we focus on transforming your small dreams into bigger achievements, hence the cover story of this issue is “Small to BIG – Challenges of Growth”. You might be facing a lot of intangible obstacles while your journey of growth and scaling up.

Your complementary digital edition attached.

Happy Reading!

BUSINESS SUSTAINABILITY THROUGH COLLABORATION AND PARTNERSHIP

Doing everything yourself can be tempting in the beginning when funds are few and ambitions high.

3 mins

TRANSITIONING THE FAMILY BUSINESS FROM ONE GENERATION TO ANOTHER

Family businesses are not only the backbone of the Indian economy, but also tend to perform better than nonfamily companies during economic crises. But what happens when the founders decide to retire and hand over the reins to a new generation? For many family businesses, that involves one of the most complex processes and generates the most challenges.

3 mins

SUCCESS STORY OF HOTFOOT – SIMPLIFYING LOAN LENDING PROCESS FOR LOAN AGGREGATORS

We had a candid interview with Mr. Vivek Naidu, CEO and founder of Hotfoot. Vivek is the Founder & CEO of Hotfoot Technology Solutions Pvt. Ltd, a new-age FinTech / Credit Tech Platform that provides optimum end-to-end business solutions to Financial Institutions.

5 mins

Top 10 Challenges Before Small And Medium Businesses Today

Starting a business is a great achievement for all entrepreneurs, but sustaining one is the bigger challenge. There are a number of standard challenges each business faces, regardless of their size. These comprise of things like employing the right people, developing a client base, building a brand, etc.

5 mins

TIPS TO DEVELOP MANAGEMENT TEAM FOR SMALL BUSINESS

To thrive, all businesses require a certain range of skills. There will be many different responsibilities upon you if you are an owner of a small business. You will realize that eventually you are better and worse at some roles than others.

4 mins

How To Generate Finest Business Ideas

Before worrying about getting investors for your business or building a business plan, it is vital to focus on a solid business idea. If you want to start a new business or grow an existing establishment, then you don’t just need money but ideas also.

4 mins

SMALL TO BIG – CHALLENGES OF GROWTH IN THE FRANCHISING SECTOR

This article is written from a practical point of view from close quarters seeing many franchising companies which grew from small to Big and how some of them crashed and some of them thrived even in this pandemic and how mind sets of organisations need to change from time to time based on the technological changes and advancement and how these technologies can help garner great growth and penetration with out much human intervention and still remain process driven which will help companies to grow their business from small to BIG.

5 mins

A COMPLETE GUIDE TO CHOOSE RIGHT BUSINESS MODEL FOR YOUR START-UP

Is becoming an entrepreneur your dream? Are you flooded with business ideas? Are you passionate about starting your own business? Then hold on, and think once again. In this competitive world, where about 100 million start-ups launch every year, make sure your business idea fits in the market. The ultimate aim of any business is to generate revenue. The foremost step to be kept in mind before initiating a start-up should be a well-planned business model that provides an overview of your efforts and expectations.

5 mins

ROLE OF CUSTOMER SERVICE IN B2B BUSINESS MODEL

Out of many businesses around us B2B suppliers and companies are the ones on which most of the market depends. The sale approach and marketing strategy of these businesses are very different from that of B2C businesses.

4 mins

HOW TO FOLLOW UP AND CLOSE A DEAL

Incase the sales appointment has been successful and the customer is found to be interested, closing the deal could be easy. Besides, eventually, you may understand that the customer is doubtful to ever affirm a deal.

5 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.