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How to find new customers: A simple stratagem for MSMEs
MSMEs wondering how to find new customers need to adapt to the accelerating digital age for customer acquisition. Discovering new customers through digitisation, engaging them with personalization and connecting them through tender discovery platforms leads to higher customer reach and business growth.
Business Credit for Business Diversification: Every MSME’s Way Forward.
Change is an integral part of any entrepreneur‘s journey. In the business as usual scenario, changes are defined by new trends, by the need to introduce new products led by customer requirements or to comply with new government regulations. Diversification at a time with external threats and a rapidly changing economy has to be backed with expertise, financing services, knowledge and calculated risks leading to not just sustainability but also growth.
How Supply Chain Management will Change with National Logistics Policy 2022
Logistics and supply chains have only recently become a part of India’s national policy discourse. The new national logistics policy 2022 is set to ring in, providing seamless and speedy movement of cargo across different modes of transport. With the new policy in place, India can become a global trendsetter in the paperless and digital environment of logistics.
How you can Grow Your MSME Business at 5G Speed with Collateral-Free Credit Lines
It is hard to imagine an industry that hasn’t benefited from the digital revolution. Small and large B2B sectors, online entertainment, SME & MSMEs, and e-retail have advanced massively from this overhaul. One of the great milestones of Digital Innovation is the launch of the 5G network. India’s aspirations for growth and the enthusiasm surrounding the launch of 5G is truly empowering. And it promises game-changing improvements for MSME financing in India.
Combating Business Uncertainty Through Vendor Risk Management
A supplier-centric approach involving vendor consolidation, a robust vendor management system, and vendor risk management practices can help your business build healthier and more transparent supply chains. Treating your suppliers as partners, rather than a commodity can lead to stronger relationships that can help you overcome business uncertainties
How Unsecured Credit Lines Can Help Suppliers Meet their Festive Demands
Demand for goods and services generally peak during the festive season. Suppliers need to start preparing in advance to be able to meet this demand. This is when taking unsecured credit lines for the festive season can be the solution for higher production and stock keeping.
What is vendor leasing? How does vendor leasing benefit SMBs?
Vendors in partnership with business financing companies provide customers convenient, on-the-spot financing using vendor leasing. Vendor leasing is a win-win for all parties involved - vendors, business financing companies, and customers.
7 Measures that Must Constitute Your Vendor Risk Management Strategy
Assessing and managing vendor risk is important to address unforeseen circumstances and protect your business’s reputation. Building a comprehensive vendor risk management plan can help you proactively identify and protect your supply chain against vendor risks.
Complete Guide on Working Capital Financing for Your MSME
MSMEs often face cash shortages and require timely funds to maintain liquidity. Working capital loan for MSME is one of the working financing instruments that helps businesses improve cash flow to keep operations running and enhance business growth.
How are Tech-enabled Business Financing Companies Changing Supplier Marketplaces?
Supply chain management and financing are undergoing a complete transformation due to technological advancements and innovative, accessible financing solutions. The tech-enabled business financing companies are rapidly changing the supply chain landscape, making it easier for all businesses to thrive and grow.
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