Evidently, SMEs are the fastest growing sector in India and so is the management consulting segment as well. However, this growth comes with a lot of challenges. While most of the SMEs are able to solve these challenges on their own, some problematic situation goes beyond their capability to solve. A good advisor is one of the fastest and economical solutions for SMEs that aspire to scale new heights.

SMEs are mostly family run businesses; most of them are able to scale up while some of them are still taking its first steps that badly needs a push in the right direction to grow. Many businesses are going through a phase in which one generation of owners is passing on the baton to the next generation, whose aspirations are high but market knowledge is low. To solve this problem and experienced hand is needed and this is exactly where SME advisors or consultants come in who bring to the table enormous amount of expertise to bridge the market knowledge gap that would enable small businesses to thrive in a competitive environment.

Small business owners often are do-it-yourself types who prefer to be involved in every aspect of their operations, from choosing the type of coffee machine for the break room to doing the company tax returns. Many business owners find it difficult to delegate tasks to employees or outside consultants. However, if you are a small business owner and spending too much time on noncore business activities, you can find assistance from consulting services.

Throwing some limelight on those SME advisors, this edition of siliconindia makes sure the backbone of the nation is give the right nourishment and care to grow.

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