Cost Control and Cost Reduction Cost Control and Cost Reduction is the major mantra and is the practice of identifying and reducing business expenses to increase profits. Recently we were doing our Cloud based ERP product (www.actouch.com) demo at a prospect’s place at Bangalore. He is an established company of 30+ years and has reputed clientele. As part of the […]
As part of our product selling, we meet many prospects. We interact with multiple categories of Business owners (BO). Out of this, nearly 10% of BO comes back to us with a statement, “Hey, I like your Cloud Solution and it fits our business 100%, but let me ask my Director / Auditor / Accountant […]
Financial Management for MSME During our SaaS product marketing, we met many prospective customers from MSME segments and we ask them one standard basic question. “According to you, what are the three activities important in your business?” One of being Financial Management prudent. Everyone had different answers based on their situation and conditions like Finding […]
The unavailability of adequate and timely credit facility, high cost of credit, lack of modern technology , no research and innovations, insufficient training and skill development, complex labor laws are the main problems of the MSME`S. MSMEs are an important and an integrated segment for any Country’s economic growth and employment opportunities. Across the world, there are more […]