Decoding the Secrets for MSME Funding and Financing
There are 150 million startups in existence now, and 50 million new ones are created annually. On average - 137,000 companies are started each day. They are significant numbers, by any standard. However, the question remains: How many firms actually survive the fierce winds of change that have drastically changed today's startups? Undoubtedly, there has been a major paradigm shift. And that modification has made it more difficult for startups as a whole to operate. These challenges can be broken down into: Increased levels of competition Unrealistic expectations Choosing competent applicants Co-founders jointly making decisions Cash-Flow Management If it's a tech company, take cyber security into account. Gaining the trust of customers Everywhere there are issues. Startups in particular, as well as businesses in general, are not immune to the many challenges we currently face. While dealing with these challenges, there are strategies that might help businesses with their fu...