What is a POS System and Why is it a Must-Have for All Retailers
Most retailers maintain their sale records through a combination of manual methods, cash registers and Excel. By not investing in a POS system, retailers run the risk of scaling down their operations and missing crucial data that could help their…
Planning Your Store Layout for Generating More Sales
Getting a store’s layout right is one of the key strategies that can be used to generate more sales. Retail store layout refers to the designing of its floor space and planning the placement of goods to maximize sales per…
How To Choose The Right B2B Ecommerce Platform?
For small business owners—be it manufacturers, wholesalers, traders, or retailers —buying supplies or selling products is often a challenge requiring a lot of physical intervention and effort. While going digital can overcome most of these challenges, many small business owners…
Starting Over? 7 Smart Tips to Rebuild Your Business
When a crisis like COVID strikes, it has far-reaching effects on a country’s economy, especially small businesses. It’s no wonder that in India, a long period of lockdown, staggered opening of commercial establishments, physical distancing norms and inadequate logistics support…
WhatsApp Unrolls UPI Based Digital Payment Service across India
WhatsApp has not just become a household name in India, as a messaging app. Owing to its growing popularity, this Facebook-acquired app has ventured into the business realm as well. The business WhatsApp app is designed to connect customers and…
6 Trending Digital Payment Formats for Small Business Transactions
In the last decade, advancements in payment technology, also referred to as ‘paytech’, has unlocked a lot of business expansion opportunities. Managing cash flow and keeping a record of the same seems like a tedious job usually, right? However, the…
A 6-Point Small-Business Survival Plan for Dealing with the Coronavirus Pandemic
It has been around seven months since the time, the lockdown was first implemented in India, to control the spread of the Coronavirus. And since then, small businesses have had it very rough. Falling consumer demand, supply-chain disruptions, and lockdown…
Here’s How Supply Chain Management can Benefit SMEs
The year 2020 has been quite challenging for small and medium enterprises in India. The lockdowns and restrictions on travel have surely disrupted the supply chain for many of you, leading to major losses. And as you know, achieving the…
4 Digital Marketing Tips to Boost Your Online Presence and Sales
As a retailer who has borne the brunt of the pandemic, you already know your business needs a strong online presence that can boost brand awareness, educate your customers about your offerings and bring in more sales. However, a strong…
Empowering Women MSMEs in India
Amongst the 6.33 crore Micro, Small and Medium Enterprises (MSMEs) operating in India, only a little over 20% are owned by women. Though this number has increased significantly in the last few years, there is still an ocean of untapped…
What is SOLV SCORE and How Does it Help Small Businesses?
Nabin Kumar Ram, Head- Data Analytics In a country of 1.3 Bn people, nearly 63 Mn+ businesses represent the MSME (Micro, Small, and Medium Enterprises) sector in India and contribute to 30% of the country’s GDP. These MSMEs are integral…
Alternate Lending for Micro & Small Enterprises: An Idea whose Time has Come
Ananya Chand, Brand & Marketing Manager India’s Micro, Small & Medium Enterprises (MSME) sector is over six crores strong, of which more than 98% of enterprises fall in the micro segment forming the bedrock of the country’s services & manufacturing…
Even in Crisis, Opportunities Abound for MSMEs
The ongoing COVID-19 pandemic has affected more than 150 countries, destroying lives, stalling economic growth and disrupting international trade & business. The Micro, Small and Medium Enterprises (MSME) sector in India has been one of the worst-hit in this calamity….
Digital Marketing: 5 Simple Steps to Increase Visibility & Connect with Retail Customers
By Pankaj Nawani – Product Head One of the best managers I have ever worked with, a man who is credited with creating a powerhouse financial services firm from virtually nothing was very fond of a particular quote- “Small strokes…
History of Indian Handloom
The beauty and variety of Indian handloom is legendary. The texture and colour with the most intricate of woven patterns and embroidery can leave most anyone spellbound. As we celebrate India’s rich history of handlooms on National Handloom Day (August…