The second wave of COVID-19 is affecting the way we live and work everyday. Though the pandemic has created multiple social and economic issues, what’s causing even more unease is the resulting financial pressure arising out of this situation of uncertainty. MSMEs especially have been hit hard and a lot of them are being closed …
India is home to millions of small businesses that are thriving every day. There are approximately 42.50 million Small and Medium Enterprises (SMEs) in India. These SMEs employ millions of people, make a significant contribution to the GDP, and form a huge share of the manufacturing sector. Any business requires a lot of human resources, …
With the Covid-19 pandemic causing almost a global lockdown, the economy is facing plenty of disruptions, causing several businesses to struggle. While it is important to be aware of the methods to face such situations, it is also essential to have the potential opportunities in mind that may arise once the economy starts to recover.Here …
Most people find it easy to purchase new equipment or machinery as and when required. But what if you have limited financial resources or what if you aren’t looking to keep or use it for a long period? Then there’s always the option of buying second-hand equipment or machinery. You’ll see many small businesses and …
The negative perception towards China With Covid-19 being a global pandemic and causing disruptions all over the world, businesses have been struggling in every aspect. While China itself is recovering quickly and life is returning to normal, the country continues to suffer because of a negative sentiment the world has about its role in the …
Covid-19 and Businesses The Covid-19 pandemic has created an uncertain situation for businesses and there is no clarity on how long it will last. Several countries have gone into lockdowns and economic activities are certainly suffering. Striving in this environment asks for MSMES and other businesses to make careful decisions in terms of both risk …
For anyone setting up a business where machinery is involved, the biggest decision is whether to buy new or used machinery. While in some cases buying the latest models is the right way to go and then some believe that they can make their venture work by purchasing second hand machinery and make it work …
The resale market has been a ray of hope to the income-conscious individuals. Whether you’re buying or selling, there’s a lot to choose from and the best part–you won’t even have to burn a hole in your pocket. One could even say that selling used or second-hand machinery has never been this easy, thanks to …
As we are aware of the skyrocketing levels of Carbon footprints and other greenhouse gases, we should also know that it’s not just about being aware but applying the environmentally friendly options in our daily lives. We must also do our bit to reduce the harmful effects of these gases and switch to clean, renewable …
Renting and leasing is an emerging trend in today’s business industry especially due to the increase in the number of machine and property renting platforms. Whether it is a property, furniture, or a machine, renting seems like a viable option for individuals and business owners who may get affected by unpredictable market cycles. The online …
