Small scale industries (SSI) are the industries which manufacture, produce or provide services on a small scale. They usually do not exceed Rs.10000000. These small scale enterprises play a vital role in the economic development of the country.
The SSIs are playing an important role in the growth of the economy. It is estimated that the SSIs and SMEs are contributing about 40% in the Gross Value of the Output produced. The importance of SSIs are –
The role of small and medium scale enterprises will help the government to increase the infrastructures and manufacturing industries, reducing the issues like poverty, pollution, slums, and many more development acts. Small scale and cottage industries play a very important role in the economic development of our country India. If some amount of the capital is invested in small-scale industries it will help to reduce the problem of unemployment and also increase self-employment. The industry is a sector in which the production of goods is an important segment of the economy.
Read our blog – Leave Big Impact On Customers With Your Small Business
SMEs or SSIs face maximum challenges to elevate their business management process to a greater extent. To accomplish this, they have to realize their potentials, weaknesses and put efforts to strengthen them. Some of the commonly faced SME entrepreneur problems are:
These problems are faced by majority of the SSIs presently in India. SSIs have to face many such problems depending upon the type of industry, location and demand etc. Most of the SSIs do not make use of external tools which helps them to manage their business activities. Using the perfect business tool can help the SSIs to overcome various problems. The SSIs need to be educated or informed about the latest developments, trends and technological developments which helps them to take its rightful place as the growth engine of the economy.
Read our blog – The #1 Reason Small Businesses Fail to Grow
SalesBabu CRM software brings forth exclusive customer relationship management software meant for meeting the needs of the small and medium marketing enterprises. The software works on-Demand, that is, on the cloud based platform, which offers Software-As –A Service. This means that they get complete IT infrastructure for their database management on the rental basis by a separate vendor. Thus, the cost of establishing a separate IT department for database management, software maintenance etc got minimized. The complete sales process gets automated at an affordable cost. It helps to automate complete sales process which eases the employee tasks.
CRM enables the small scale business owners to tackle many of the operational challenges, also including high client attenuation, a decline of the sales, and misalignment between the salespeople’s common policies and revenue targets of the corporate. If you are a small-scale business owner, there are so many ways a client tackling a tool that can positively affect your bottom line. Some of the reason why small business needs a CRM are:
Read our blog – How SMBs Can Think Big on CRM
Read our blog – Best CRM Software Tips for Small Businesses
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Read our blog – 7 “Must-Do” steps before you buy online CRM software
Get started today and find out more about what SalesBabu cloud based CRM system is, what we do and how we help make customer relationships extraordinary @ www.salesbabu.com.
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