Sometimes expansion is a hard choice. A saturated market can make you consider diversification, but so will excessive market demand for that matter. In actuality, expansion is a strategy that can dynamically solve multiple problems for an organization. Don’t believe us? Here are a few stories of how the advantages of expansion helped some of…
Small businesses may soon be able to communicate with their customers through a new version of Whatsapp called Whatsapp for Business. Whatsapp Co-founder Brian Acton recently announced that the Facebook-owned company is in the process of designing and testing a new platform specifically for the SME industry.
Competition is the law of nature. Everywhere you look you’ll find competition, whether it be in your career or day-to-day life. It’s all about getting ahead at the end of the day. Nobody wants to fall behind, especially in a small business where you’ve put in blood and sweat to build it from scratch. So how do you make your mark in your business? How do you beat your competitors at their own game and emerge a winner? Get your running shoes on, because we’re here to let you in on foolproof ways to stay ahead in the game!
Every manufacturing or small business owner knows how hard it is to stay on top of your finances. A common mistake most first-time business owners make is to ignore good accounting practices because you have ‘just started out’. Sorry to burst your little bubble, but this lapse in keeping your finances in order could cost you dearly. Worry not! We’ve put together five easy tips to help you get your business’s accounting in order.
Tech giant, Apple Inc.’s plans to set up an iPhone SE manufacturing plant in Bengaluru is still in talks. The iPhone maker’s request for tax relief and exemption from customs duty on imported components and equipment for 15 years is being looked into by the Ministry of Commerce and Industry, and the Ministry of Finance. The PMO is expected to make the final decision about the proposal, though it is expected to be a favorable one. If Apple has its way, would it have a positive impact for the country and the SME industry in particular?