What can be done to enable small businesses?
If you have additional inputs, please share them as well!
State of Startups and MSMEs in 2021
If you have any inputs on what can be done to reduce bottlenecks or enable small business in the country, via Budget 2021 or otherwise, do share your inputs! more
From top to bottom - everyone thinks - making loan available will make everything else easy. These are not planners of the country.
Do you have any register of Small Business ? I doubt.
We are so interested (in talking about) small business that - NONE of the business associations have special cell for small business.
Do we have a register of family business in all villages and cities ? I doubt.
There are mandatory internships of B.Com as well as MBA students every year - please utilize them to prepare these two registers and make survey from the horse's mouth. please do not make provision for Loans which might land somewhere else.
Small business should be allowed to function from anywhere - even from residential area without commercial rent, electricity and commercial water charges and should be provided Marketing help - Not by money, by associating them with Marketing companies on Profit sharing basis. more
1- Imbalance feasibility report.
2- Lack of skill in new enterpreneur.
3-Excessive expenditure after receieving financial assistance.
The solution are:-
1- Free consultancy by expert of field along with financial assistance for minimum 1 yrs or successful execution of Projects whichever is later.
2-At least three month training free of cost by expert .
3- Financial assistance stage wise mostly in advance for each stage .
4- Documentation online in simple format specially in local launguage. more