The official records put the number of MSMEs existing in India at over 500 lakhs approximately. The numbers may appear frightening for budding entrepreneurs and other existing SMEs as it may present an exaggerated picture of competition. However, it also needs to be...
Lack of capital, manpower resource constraints, the time required to open another store, the involvement of business risks etc often redirects businesses to opt for the franchise option for growth and expansion. Franchise model has proved to be a successful and...
Growth and expansion are both a necessity and an aspiration for almost every business enterprise. However, irrespective of the intensity of the need for growth and expansion, only a handful of businesses succeed in their expansionist attempts. And every such business...
How Can Celebrities Take Advantage of Their Name to Setup A Retail Brand? Celebrity entrepreneurship is not a rare phenomenon in the world of business, especially retail business. Many celebrities from around the world from diverse fields and professions went on to...
From 1st July 2017, India has stepped into the much-awaited GST regime (country’s single largest tax reform since independence). GST will integrate country’s economy which is roughly worth $2 trillion and a vast customer base of 1.3 billion into one common market. GST...
