The Stages of Financial Planning for MSMEs Financial planning is a step-by-step process that helps MSMEs maintain stability while scaling their business. It begins with forecasting and budgeting, followed by strategic investment planning and cash flow management, ensuring that financial... View Article
Overview Background Elampillai is a small village situated in the district of Salem in India, renowned for its exquisite handloom products crafted from silk, cotton, polyester, and silkhon. Elampillai silk sarees hold a significant place of honor, being chosen to... View Article
With a surge in entrepreneurial ventures and investor confidence, smaller cities are emerging as vital innovation hubs. Over 51% of India’s 63 million registered small enterprises are located in Tier 2 and Tier 3 cities. This highlights the immense economic... View Article
With more than 5.7 crore MSMEs generating 36% of India’s total manufacturing output, contributing nearly 45% of exports, the Union Budget 2025 gives the sector the recognition it deserves. Presented by Finance Minister Nirmala Sitharaman on 1 February, the budget... View Article
Approximately 60% of MSMEs aim to digitize their business processes, with 43% planning to increase their digitalization budgets by 20251. With this digital transformation, small businesses could also get exposed to data breaches and cyberattacks, which are becoming increasingly common.... View Article
As MSMEs deal with rising costs and shrinking margins in an inflationary economy, actionable strategies and financial tools can ensure their resilience and sustained growth. The Reserve Bank of India (RBI) revised its inflation forecast in December 2024, projecting it... View Article