SME Times is powered by    Search News

Home        India Industry        Editorials        World        In Depth        Nation        Global Business        India Economy        SME Glossary        Press Releases

Just in:   • Govt exempts excise duty on indigenous goods sold at DFG  • Australia, India sign MoU on agri cooperation  • MSME sector's share in exports to surge to 50 pc: Muniyappa  • New guidelines for pharma exporters to EU announced  • Daimler India to start exports of FUSO trucks from June  Last updated: 24 May, 2013   Why SMEs fail - keep your eyes open Bikky Khosla | 21 May, 2013 Surveys and studies conducted across the world over different time periods provide compelling evidence that a vast number of small businesses fail in the first few years. Majority of failures occur in the first two years while only a handful succeed to complete their first five years. Expert opinions on why this happens vary, but overall most of them point out some common pitfalls into which small business start-ups easily tumble into.    Read more.... Export outlook not so grim Bikky Khosla | 14 May, 2013 Our export target for the current financial year has been set at $325 billion, more than one-third lower than the $500 billion target fixed two years ago.    Read more.... RBI monetary policy: Inflation still in focus Bikky Khosla | 07 May, 2013 The Reserve Bank of India announced its 2013-14 annual monetary policy last week, and as expected it stuck to its cautious stance, cutting the repo rate by just 0.25 percentage points to 7.25 percent.    Read more.... MSME schemes - Do you know all of them? Bikky Khosla | 30 Apr, 2013 How many Government schemes are currently in place to support our micro, small and medium enterprise sector? You may find this a little difficult to answer!    Read more.... FTP: New but not novel Bikky Khosla | 24 Apr, 2013 It was widely expected that the Annual Supplement to Foreign Trade Policy, 2009-14 would at least address the key challenges faced by the export sector, considering the bleak demand outlook in international markets. But last week's FTP again put a dampener on our expectations.    Read more.... India EU free trade deal: Is it going to happen Bikky Khosla | 18 Apr, 2013 India and the 27-nation European Union, our largest merchandise trade partner as a single economy, are inching toward a Bilateral Trade and Investment Agreement – we have heard this dime-a-dozen in recent years.     Read more.... Bring your financial planning up to scratch Bikky Khosla | 09 Apr, 2013 One financial year has just ended and another begun. This time of the year is always quite a busy one for business-people like us. In fact, a stressful time -- and more if we leave everything for the last hour.     Read more.... Internet revolution: Time to leap on the bandwagon Bikky Khosla | 02 Apr, 2013 How much promise the Internet holds for small businesses? Thousands, perhaps millions, of pages have been written about how the Internet is making its way to our lives. It is changing everything - the way we work, learn and play    Read more.... What do you expect from the upcoming Foreign Trade Policy? Bikky Khosla | 26 Mar, 2013 The Budget 2013 has failed to inspire hope among our exporters, and now with the Foreign Trade Policy (FTP) likely to be announced in the first week of April, all eyes are on the Commerce Minister. What steps do you want him to take for the sector?    Read more.... Tradeindia introduces mobile-ready catalogs and websites Bikky Khosla | 19 Mar, 2013 Much has been talked about India's mobile phone and Internet revolutions. Today, we have more than 900 million mobile phone subscribers for our 1.22 billion people. A similar, though less stunning, trend is evident when it comes to the Internet    Read more.... Reinvestment critical for start-ups Bikky Khosla | 12 Mar, 2013 Now what . . . after a lot of struggles, your small business is picking up now. Money is pouring in and you're wondering what to do with the hard-earned money -- upgrade your car, splurge on an overseas trip, or buy a new home! Hang on    Read more.... Budget 2013: MSME sector to benefit Bikky Khosla | 05 Mar, 2013 Last week, the 82nd national budget was presented in the Lok Sabha, and to the surprise of none, the postmortem is still going on. I think overall this Budget, in its attempt to balance politics and compulsions of growth, turns out to make some economic sense.    Read more.... Keep a finger on the pulse of your infrastructure Bikky Khosla | 26 Feb, 2013 How will your air conditioning perform this summer? Does rain water leak through your office ceiling? What about the power generators? Do the machines and equipment at the manufacturing unit require maintenance?    Read more.... Office politics: Is it creeping into your business? Bikky Khosla | 19 Feb, 2013 Office politics exists in every work environment. When a group of people work together for 40-50 hours a week there is bound to be some friction and difference of opinions.    Read more.... Entrepreneurship: Fear is the foe Bikky Khosla | 12 Feb, 2013 "I would like to start a small business, but . . . ." On my Facebook page I often come across these words.    Read more.... Why credibility counts Bikky Khosla | 05 Feb, 2013 What is credibility? This may sound like a dull academic question, but it is one of the most practical problems small entrepreneurs face    Read more.... What it takes to be a successful entrepreneur Bikky Khosla | 29 Jan, 2013 How to become a successful entrepreneur? What are the traits that bring success? Is there a formula? Dozens of articles have been written on this, but there is no one-size fit all theory.     Read more.... Higher taxes for the 'super-rich' a poor idea Bikky Khosla | 22 Jan, 2013 What the Indian economy would have looked like today if the last Union Budget hadn't introduced the controversial GAAR provisions? Probably a little brighter.    Read more.... Customer service - stand out with excellence Bikky Khosla | 15 Jan, 2013 What do you think good customer service is? Almost every business says they provide good customer service, but do they really do that well?    Read more.... The customer is not always right Bikky Khosla | 08 Jan, 2013 For a small business, every customer is important. They are who keep you in business, they are who can spell doom for your business. But what about bad customers    Read more.... 2013: Look back, plan ahead Bikky Khosla | 02 Jan, 2013 "If I had an hour to solve a problem I'd spend 55 minutes thinking about the problem and 5 minutes thinking about solutions"    Read more.... Export diversification: Where are we lacking Bikky Khosla | 18 Dec, 2012 Putting all one's eggs into one basket is not a good idea. If the basket is dropped, all is lost. This couldn't be less true when it comes to exports. Export diversification is not anything new to economies across the world,     Read more.... Export consortia can transform exporting for SMEs Bikky Khosla | 21 Feb, 2012 Small is beautiful … but when it comes to exporting, that's hardly true. These days, although Indian small and medium enterprises (SMEs) are increasingly becoming a regular part of the exporter community, still many small players dare not head into global trade. They find themselves lacking in required funds, knowledge and skills, and as a result, prefer to continue competing only in our corner of the world -- at the domestic level.     Read more.... Archives: 2013 ( 23 )    2012 ( 255 )    Index     Customs Exchange Rates Currency Import Export US Dollar 55.30 54.35 UK Pound 84.50 82.50 Euro 71.80 70.00 Japanese Yen 54.40 53.00 As on 24 May, 2013   Daily Poll Do you think banks will lower lending rates after recent RBI rate cut?  Yes  No  Can't say   Commented Stories » Why SMEs fail - keep your eyes open(28) » MSME schemes - Do you know all of them?(5) » Starting an import export business: Basic guide for beginners(5) » Golden fibre making inroads into road construction(3) » Govt. approves subsidy for 2,221 cold storages(2)

About Us  |   Advertise with Us     Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us   Follow Us :