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: Loss
Chennai flood leaves 50,000 jobless in MSME sector
Nearly 50,000 employees in nearly 10,000 micro enterprises located in and around Chennai have been left unemployed due to the recent torrential rains and flood that left their units damaged badly, said Kalraj Mishra, Union Minister for MSME. The number of affected employees could be more if the 3…