Managing MSMEs – A Comprehensive Guide for Entrepreneurs

About the Book: Step by step guide in setting up of MSMEs including Incubation of ideas Incorporation regulations Building strategy, business plan and funding plan Management of MSMEs

A Guide to Understanding Financial Statements

About the Book: Managing MSMEs – A Comprehensive Guide for Entrepreneurs

Step by step guide in setting up of MSMEs including Incubation of ideas Incorporation regulations Building strategy, business plan and funding plan Management of MSMEs consisting of Creating a dedicated team who would possess capabilities to handle uncertainties Setting up best-in-class business processes and effective system solutions Managing risk and set up control environment to mitigate uncertainties Creating Management reporting Dashboard for effective decision-making Methodology of enterprise valuation of MSMEs Case studies on financials of some selected MSMEs
Overview

“Managing MSMEs – A Comprehensive Guide for Entrepreneurs” is an essential resource for anyone looking to establish and manage Micro, Small, and Medium Enterprises (MSMEs). This detailed guide provides a step-by-step approach to:

Setting Up MSMEs

  • Incubation of Ideas: Techniques for generating and nurturing business ideas.
  • Incorporation Regulations: Legal requirements and procedures for business registration.
  • Building Strategy, Business Plan, and Funding Plan: Crafting a robust strategy, creating detailed business and funding plans.

Management of MSMEs

  • Creating a Dedicated Team: Building a team capable of navigating uncertainties.
  • Best-in-Class Business Processes: Establishing efficient business processes and system solutions.
  • Risk Management and Control Environment: Identifying risks and implementing control measures to mitigate them.
  • Management Reporting Dashboard: Developing dashboards for effective decision-making.
  • Enterprise Valuation: Methods for assessing the value of MSMEs.
  • Case Studies: Detailed financial case studies of selected MSMEs to illustrate practical applications.

This book is a vital tool for aspiring entrepreneurs, providing comprehensive guidance from the inception of an idea to the full-fledged management of MSMEs.

Publisher ‏ : ‎ LexisNexis (1 January 2024)
Paperback ‏ : ‎ 600 pages
Reading age ‏ : ‎ 18 years and up
Country of Origin ‏ : ‎ India