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Indian SMEs to insulate for future slow down in economy
- 1. Global economy melt down & its continuous impact on Indian SME sector
- 7. The entrepreneur has been encouraged by the huge order book for his products from their parent companies, thereby started expanding his capacity in terms of business. The entrepreneur also started increasing their personal expenditure, expecting huge profit from the business, which resulted in to huge monthly outflow of funds for his personal wealth creation in addition to his corporate liability. Increased facilities for the labor like, lunch, pickup-drop from their houses, tea/coffee/snacks etc, has been a hurdle for the entrepreneur.
- 12. Now, What to do for the Recovery?