India Small Business News Round-up – 13/11/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from India:

  • Can You Afford to Overlook Bookkeeping and Accounting: As an ex-CPA and now an entrepreneur managing several small to mid-sized business, I am still amazed at how small business owners from a non-accounting background get duped and fall into crisis due to improper bookkeeping and accounting practices. In a worst case scenario you can get embezzled by someone you trusted to handle your books, if you are not careful or your business might fall into dire straits due to improper management of business records.
  • Cloud Computing: The OnlineOffice Benefits: ‘Cloud Computing‘ is in the media everywhere these days. What does is mean and how is it going to help your small business or home business?
  • How Much Do You Make: Taking A Critical Look At Finances: How Much Does A Small Business Owner Make: Taking A Critical Look At Finances. How Much Does A Small Business Owner Really Make?
  • SMEs shrug off downturn to up IT Spend: A CompTIA survey claims over half of UK small and medium-sized enterprises expect to increase their IT spend over the next year
  • I wandered lonely as an unmanaged cloud service: Would you be suspicious if a piece of software claimed to be the first product capable of monitoring the “entire” enterprise infrastructure, bridging the gap between the data centre and the cloud?…
  • Start-up aims to put extra chip inside netbooks: Quartics is pitching a ‘co-processsor’ for netbooks that would augment the CPU and graphics chip for handling Flash movies and videoconferencing
  • Company insolvencies rise steeply in Q3 2008: Asian entrepreneurship special – the rise of Indiaas an economic power & the businessopportunities & collaboration now open to savvy entrepreneurs. Posted Details | Posted iTunes · play small business podcast now
  • Will Time permit this talented economist to make n impressionRaghuram Rajan, the PM’s honorary economic advisor, said in 2006, ‘It is important for India to exchange its paternalistic, directive government, which seeks to remedy every wrong through a subsidy, a quota, or a scheme, for one that creates an enabling environment for the people and unleashes their entrepreneurial zeal.’ Two years later, his words seem prescient. But how much of what he says should be done will be done by the government in the limited tenure it has left.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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