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 […]
Tag: Business and Economy
Contribution of Indian SMEs to GDP Expected to Rise by 2012
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 […]
Economic Indicators of Small Businesses in India
The small-scale industries (SSI) in India have a very important role in the growth of the country. Production, employment, and exports act as economic indicators. A contribution of 40% of the gross industrial value is added to the Indian economy by the small businesses. When a million rupees of investment is made on fixed assets […]
Small Business Owners Re-Think Technology Usage as They Navigate Tough Economy
The latest Wells Fargo/Gallup Small Business Index shows that small business owners are re-evaluating their use of technology in the current phase of uncertain economy. Over half of respondents (58%) reported that they have delayed technology purchases due to the economy, including purchases of new computers (60%), new hardware (56%) and new software (56%). Only […]
Small Business Optimistic About Upcoming Season
According to a report of fifth annual Small Business Holiday Outlook Survey from constant contact, 52% of the SMBs expect holiday sales to increase over last year (less than 1/3rd were optimistic in the last survey conducted). More than 35% of the survey’s respondents were optimistic about the state of the overall economy (up from […]
Uncertainity in Economic Recovery Tampers SMBs Confidence: Administaff Survey
According to Business Staff Survey by Admin staff, SMBs in U.S are less confident about the economic recovery. 61% of small business owners are not sure about the economic recovery untill 2011 or later, 18% feel that they can expect some positive turn in economy in 2010 and 20 percent are unsure. The short-term concerns […]
Majority of Small Business Owners Ready to Face Double-Dip Recession: Citibank Survey
As per the latest survey conducted by Citibank on small business, vast majority of the owners are willing to run their business despite the recession. It is also remarkable to note that many owners have already made adjustments and plans in order to continue and enhance their business. Going into the details of the survey, […]
UK SME Survey Report – SMEs are Still in the Downturn
As per the new study conducted this week by SimplyBusiness.co.uk, the UK’s entrepreneurs are harshly criticizing the Government’s efforts in encouraging the small businesses. No Green shoots for UK entrepreneurs Contrary to the reports regarding recovery and green shoots, the latest survey conducted by UK SME reveals the following facts: More than two-third’s (68%) of […]
Small Businesses Helping India in Leading Global Recovery
According to a survey conducted by Regus in 2009, it was expected that India is estimated to lead in the global economic recovery by March 2010. There had been an impressive economic growth in India. The study revealed that 45% of firms in India experienced increase in profits in 2008 where it was found to […]
Apartment Occupancy Rates Decline Even With Low Rental Rates
US apartment rates and occupancy rates have fallen significantly, in the west and south regions. I am sure that the low occupancy rates could have triggered the decline in apartment rates. Bu the lower apartment rates still fail to trigger the incline in occupancy rates of the apartments. However, the positive aspect here is that […]