Most small businesses fail in India, 50% of small businesses don't even make a rupee but why is that, To Give you a deeper understanding, There are only 11M small businesses in India,88% of them are sole proprietors Out of 11 Million businesses, 5 Million small businesses don't even make a rupee in revenue Close to 7 Million small businesses make less than a crore Less than 2 Million small businesses make between 1 crore to 10 crore only 11,000 businesses make more than 500 crore in revenue Now most businesses failing is simply because of their nature of their business They are in the business of being a broker between a seller and buyer and establishing a trade is always a small-margin business. But if you can innovate, and manufacture a product that solves a strong problem, there is a lot of room to build a huge Indian brand.
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