Archive for February, 2011

Toyota Etios to Launch in India

Posted on February 18, 2011 by

On the 1st December,2010, Toyota Etios was introduced in Bangalore in India. Toyota has entered into the low priced car market in India, by introducing the Toyota Etios in India. This model will be launched in the month of the April in 2011 in India. According to the officials of the Toyota, this car has […]

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India – Seventh Largest Vehicle Producing Country in World

Posted on February 18, 2011 by

According to Indian government, India is the seventh largest vehicle producing country in the world. Now the largest vehicle producing country is China and next is US. There were expectations that India would become seventh largest vehicle producing country by 2016, but it has achieved this milestone in 2010 only, that is before six years […]

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NFIB Reports on Weak Employee Hiring among the U.S. Small Firms

Posted on February 16, 2011 by

According to the National Federation of Independent Business, in August, 11 percent of the companies surveyed increased the average employment by 2.3 employees. The payroll was cut by an average of 3.5 workers which constituted 13 percent of respondents. This was decreased from 15 percent in July. It was reported that there were no changes […]

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Health Reform for Small Business Employees in the U.S.

Posted on February 15, 2011 by

A study was conducted by the RAND Corporation for predicting how the employers react to the new health-care reform. The study revealed that when the Affordable Care Act is implemented, there would be health insurance for 95 percent of Americans which is 85 percent in September 2010. More small businesses would be involved in the […]

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Forbes Report on the U.S. Small Businesses in Smaller Metros

Posted on February 15, 2011 by

Some businesses plan to choose their headquarters at major metropolitan areas and some do not. It is generally felt that small venues are found to be the best places for small businesses. According to the Forbes study in combination with Moody’s Economy.com, it was found that small places having populations of less than 245,000 were […]

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N.F.I.B. Report on the Problems of Small Businesses in USA

Posted on February 15, 2011 by

According to the National Federation of Independent Business(N.F.I.B), it was found that low demand but not taxes or over regulation which is the biggest problem faced by small businesses in the U.S. Poor sales was considered as the single most important problem by about 31 percent of surveyed companies. Insurance costs and availability, competition from […]

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SME Opportunities for Indian Entrepreneurs

Posted on February 15, 2011 by

SME market has got a lot of importance in India. There are many SME opportunities for entrepreneurs in the nation. Some of them are listed here. Among BRIC countries and the U.S., the second largest population of small and medium businesses (SMBs) is found in India. SMEs in India contribute to more than 40% of […]

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Lack of Demand – the Top Reason for Sickness of SMEs in India

Posted on February 14, 2011 by

Some of the reasons for sickness of Micro, Small and Medium Enterprises sector have been found by SIDBI report in 2010. It is said that there are eight important reasons for sickness of the sector. These problems include lack of demand, shortage of working capital, marketing problems, power shortage, non-availability of raw material, equipment problems, […]

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Customer Acquisition through Social Media by SMEs in India

Posted on February 14, 2011 by

An emerging potent mainstream business tool that plays a major role in customer acquisition is social media. In order to maintain long term relationships, social media is being used by businesses these days. A survey conducted by Regus during February-March 2010 revealed that 52% of businesses in India use social media for acquiring customers. The […]

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Contribution of Indian SMEs to GDP Expected to Rise by 2012

Posted on February 14, 2011 by

A survey was conducted by ASSOCHAM in 2009 concerning the contribution of Small and Medium Enterprises (SMEs) to Gross Domestic Product (GDP) in India. It was revealed that the contribution towards the GDP is expected to rise to 22 percent by 2012. Their contribution to GDP was about 17 percent in 2009. The reason for […]

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