Most small businessmen do not prepare, read, understand or analyze their profit & loss account. They think this document is required mainly by big companies and it is not necessary for small businesses. As a business grows year-on-year, the issue for most businessmen is, how can one determine…
Tag: Budget for MSME Sector
Budget should aim at improving overall performance of the SME sector
Indian SME is undoubtedly a strong contributor to the economy. The SME sector generates significant employment while inputting considerably to the industrial output. While the union government continues to float policies and schemes to smoothen business challenges for the SME, there are further h…