According to the MSME Website and information. a company in which the investment in Plant and machinery (P & M ) is under one (1) crore rupee is termed as a Small Scale Industry (SSI). The structure of an SSI can be in any form ie. Sole proprietorship, LLP, LLC, Single person, Pvt. Ltd etc. [...]
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It is a very important point that is overlooked by majority of small businesses cause they are busy dealing with other aspects of their business. As money is the life line of the business knowing about your financial should never be looked upon. Keeping track of your financial is not only critical for running your [...]
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How do I profile my customers? How do I find the correct audience for my product? Who is my ideal customer?Understanding the buying process: It is very important for a small scale company to reach out to the correct audience. The steps have to be planned and systematically organized. The buying process is considered as [...]
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To ensure that the supply chain is operating as efficient as possible and generating the highest level of customer satisfaction at the lowest cost, companies have adopted Supply Chain Management processes and associated technology. Supply Chain Management has three levels of activities that different parts of the company will focus on: strategic; tactical; and operational. [...]
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Who is my Competitor? Understanding your competition? As an owner you should always know who your competitors are and what are their weaknesses, offerings, products etc. Apart from knowing about your customer , knowing your competitor helps you to devise a strategy to stay ahead of the competition. Knowing who your competitors are, and what [...]
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ICCAA Signs MoU with Inclusivity MPK I Gate Pvt. Ltd. through its digital platform, Inclusivity.in, has taken a step ahead towards an agenda on Affirmative Action by signing an MOU with Indian Chamber of Commerce of Affirmative Action (ICCAA) on –th December 2017. The alliance between MPK I GATE Pvt. Ltd. And ICCAA would promote [...]
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The New Indian Express , Dec 27, 2017 Industry body FICCI today said it has signed an agreement with the Center for the Study of Caste and Capitalism (CSCC) and its digital arm Inclusivity.in to promote the interest and growth of entrepreneurs belonging to scheduled castes and scheduled tribes. "The synergy between CSCC, a Dalit Not for [...]
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PNB Mahila Udyam Nidhi Scheme: this scheme is for setting up of new projects in tiny /small scale sector and rehabilitation of viable sick SSI units by women entrepreneurs. PNB Mahila Samridhi Yojna :This scheme is for setting for boutique, tailoring shop, STD/ISD Booths, beauty parlor, cyber café etc. Schemes for Financing Creches: This scheme aims to [...]
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Industrial Finance Corporation of India Its aim to promote entrepreneurship among the Scheduled Castes (SC) and to provide concessional finance to them. IFCI has committed Rs.50 crore as lead investor and sponsor of the Fund. Its subsidiary IFCI Venture Capital Funds Ltd., is the Investment Manager of the Fund. Government of India has also provided [...]
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SYNDICATE BANK SyndMSE: Simplified Scheme to meet credit requirement of entrepreneurs of all Micro and Small Enterpruners. SyndTransport:Scheme for Financing Transport \ Operators. SyndTextile:Scheme for Financing Textile Units including Textile Traders/Readymade/Cloth Merchants SyndMarble:Scheme for Financing Marble, Granite and Stone Crushing Units including Traders SyndContractor: Scheme for Financing all Registered A class contractors SyndLaghu Udyami Credit Card [...]
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