Small and Medium Businesses Now

Information, Trends, News and Events on SMBs

India Leading World’s Auto Exports

Nearly 4,50,000 small cars like Hyundai’s i10, i20 and Santro and Maruthi Suzuki’s A-star, which are in India, rode the exports across the world. Now India is leading the world auto exports. India has become as the small cars sourcing hub for the world. When the Europe introduced the ‘scrappage’ schemes, then exports increased in […]

Indian Auto Market in the Global Scenario

Recently I read an article in the Economy Watch; according to this article before the policy liberalization was introduced, there was no significant investments in development of new products and research and development of auto industry in India. Indian auto market was restricted by few suppliers. Indian market and manufacturers are affected by the recent […]

Small Business Focus on Cyber Security in the U.S.

An analysis of small business’ cyber security practices and attitudes was done in a study conducted by the National Cyber Security Alliance along with Symantec and Zogby International. The study revealed that the cyber security should be given higher priority by the small businesses. It was reported from the study that 65 percent of small […]

Rise of Small Business Credit Card Rates in the U.S. – BillShrink Study

The credit cards for small business are not given the same protection as those of other consumers. According to a study by BillShrink, more than 30 percent of the credit card interest rate was observed since January 2010. The data was taken from 2,300 small businesses. According to Synovate study, it was revealed that mailings […]

Cyber-robberies on Small Businesses Banking Online in the U.S.

Cyber-robberies are being observed in small firms, local governments, churches, schools and others. A study was conducted by the FBI along with the American Bankers Association regarding it on small and medium sized businesses. The survey advised the firms for conducting financial transactions over the internet by using a separate PC which can be used […]

Web Design by Small Businesses in USA – Yola Survey

It is important for any business environment to have a strong website. Being present on the web is also not enough. There is a necessity to make a website work for the business operations. A survey was conducted by Yola in 1,100 small businesses. It was revealed that about half of them did not have […]

NCEUS Report on the State of the Indian Micro and Small Enterprises (MSEs)

The National Commission for Enterprises in the Unorganised Sector (NCEUS) made a report on the status of the Indian Micro and Small Enterprises (MSEs). There were about 44.1 million non-farm unorganized enterprises in 1999-2000 according to the NSS 55th Round report. However, in 2005, 41.83 million enterprises were found to come under NCEUS’ definition of […]

SMEs in India Hit by Economic Slowdown-Report of FICCI Survey

A survey was conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI). It was revealed from the study that about 94 percent of the Small and Medium Enterprises (SMEs) were hit severely and moderately by the economic slowdown. However, an improvement has been observed in 66 percent of the companies which participated […]

ASSOCHAM Reveals: Largest Job Creation by SMEs in India

An analysis made by ASSOCHAM revealed that the fastest recovery from global economy in terms of job creation is higher among the small and medium enterprises (SMEs) when compared to the large industries in India. During the global recession period, about 25% job losses were reported by the SME sector. But still there has been […]

Preference of Classification of SMEs as per PHDCCI survey

A survey conducted by the PHD Chamber of Commerce and Industry revealed that many SMEs prefer to be classified based on their turnover instead of investments. The study was conducted on SMEs hailing from Uttar Pradesh, Punjab, Haryana, Madhya Pradesh, Himachal Pradesh and others. Some people believe that the small businesses should be classified based […]