sme

In an increasingly flattering world, the greatest challenge faced by the Indian SME is to seize the opportunity offered by globalization and continually rise up to the customer expectations, while at the same time manage growth in a dynamic environment.

The SME workshop looks to address some of the areas of concern of the indian SMEs. The panel of experts will discuss key ussues relevant to the Apparel Export sector. So join us to get empowered and align your business to the next level of growth.

The (universal) problem:
It is always amazing to see the enterprises of today, jumping into an ERP (Enterprise Resource Planning) system without really analyzing their own understanding about an ERP or even worse what their business needs are. Most of the times SMEs tend to be over-confident and expect that their ERP should do everything for them.

The reality:

David Coursey shares his worst mistakes he made as small business, lots to learn and avoid those mistakes.

Some excerpt from his article

What mistakes did I make and what did I learn from them?

1. I let the customer get too far behind on payments.
2. I trusted two people at the company that I shouldn't have.
3. I didn't take legal action quickly enough.
4. I realize my small business' limitations.