Powering Growth: How Increased R&D Spending Fuels the Small Business Engine

Powering Growth: How Increased R&D Spending Fuels the Small Business Engine

This news report details how increased R&D investment by small businesses is vital for economic prosperity in New Delhi and beyond. It highlights benefits like competitive advantage, attracting talent & investment, and broader economic growth, urging more focus on innovation for a thriving SME sector.

Key Factors SMEs Should Consider Before Securing a Business Loan

Key Factors SMEs Should Consider Before Securing a Business Loan

Before securing a business loan, SMEs must carefully evaluate factors such as loan purpose, financial health, credit score, documentation, collateral, and interest rates. Understanding these elements ensures that the loan aligns with business needs and avoids potential risks like Non-Performing Assets (NPAs).