SMEs and Business Advisory Services –Benefits of Business Advisory Services
Small and Medium Enterprises (SMEs) are widely recognized as the backbone of any economy. SMEs contribute more than 30% to the GDP in India, and account for nearly half of its exports. In the EU, SMEs represent 99% of all businesses. SMEs often face unique challenges. Most of such challenges can be attributed to the limited access to capital, shortage of skilled manpower, rapidly changing technology, and intense competition from larger corporations.
Why Do SMEs Need Business Advisory Services?
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