Invoice Bazaar Blog

Views on SME Business

How can an SME owner insulate herself from an economic downturn?

By Invoice Bazaar | September 20, 2020

Every SME owner must prepare an appropriate action plan well in advance, which is specifically aimed at tiding over recessionary trends and slowdowns. Furthermore, when ..

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How long will work-from-home policy continue after the pandemic?

By Invoice Bazaar | September 17, 2020

Working from home has its own merits and demerits. For some employees, the work-from-home policy has proved to be a win-win situation because their productivity ..

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How important is brand-building for an SME?

By Invoice Bazaar | September 14, 2020

The business world is currently dominated by different brands. So, brand-building is very crucial for every SME as it creates a positive, lasting and unique image and gives the business enterprise a strong identity ..

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Which business sectors are benefitting from Covid-19 pandemic?

By Invoice Bazaar | September 9, 2020

If we study or analyze the overall impact of the ongoing coronavirus pandemic on industries and business sectors across the globe, we can broadly divide them into three different ..

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How should you hire during an economic downturn?

By Invoice Bazaar | September 7, 2020

As joblessness surges to record highs during an economic downturn, most SME owners hesitate to recruit new staff as they believe it would not be advisable to hire fresh manpower in such a scenario because they ..

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How can you build a business in such a way that it becomes sellable?

By Invoice Bazaar | September 2, 2020

If you are planning to start and build a business with the long-term goal of selling it off at a high valuation when you want to retire, one important point you should ensure ..

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Why must an SME owner have a healthy body and a robust mind to run business successfully?

By Invoice Bazaar | August 30, 2020

An entrepreneur’s life is always much more stressful and complicated as compared to that of jobholders, executives and professionals as she has to work really hard ..

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How can an SME owner encourage his staff to communicate workplace grievances or concerns?

By Invoice Bazaar | August 27, 2020

It is the responsibility of every entrepreneur to confirm that his organization has an environment that is conducive for the ..

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How can an SME owner terminate his employee in a respectful manner?

By Invoice Bazaar | August 23, 2020

For a small business owner, terminating an employee is neither an easy decision nor a pleasant experience. So the entire process has to be planned well and should be handled ..

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How can an entrepreneur grow his business by automating and outsourcing?

By Invoice Bazaar | August 19, 2020

In an SME, there would be many repetitive day-to-day business tasks, which tend to take up the precious time of the business owner and his employees. If they are able to free ..

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When is hiring interns for an SME a good business proposition?

By Invoice Bazaar | August 17, 2020

Hiring interns for an SME can prove to be a good business proposition under various circumstances. One such situation is when a small business owner has a lot of easy-to-do things and routine tasks to get done ..

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Why is bootstrapping your small business a good idea?

By Invoice Bazaar | August 12, 2020

In business parlance, bootstrapping refers to the process of starting a business venture on a low budget with one’s personal finance and savings, and building it up from scratch without any outside capital ..

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