FE MSME Business Conclave: How small businesses can transform from promoter-driven to professionally

Ease of Doing Business for MSM Es: All enterprises start small with a promoter on top responsible for setting up what the brand stands for, creating a healthy work culture, and most importantly driving professionalism into business. In India, a number of businesses in the MSME sector are family-owned or family-driven whereas, in terms of succession planning, operations are simply handed over to the next generation during or after their education. However, experts at MSME Business Conclave explained where small businesses go wrong in terms of turning them into professionally-driven organizations.

The delegation of roles and responsibilities,

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