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Aarihant Aaryan

Prev- Founder & CEO ... • 11m

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.

6 replies16 likes

Replies (6)

Anonymous 3

Hey I am on Medial • 11m

Ultimately, the success of small businesses in India depends on the entrepreneur's mindset, resilience, and ability to adapt to changing market conditions.

0 replies1 like

Anonymous 2

Hey I am on Medial • 11m

It's not just about being a broker or a manufacturer. The success of a small business depends on various factors such as market demand, pricing, competition, and customer service. Which is COMPLETELY untracked

0 replies1 like

Sairaj Kadam

Entrepreneur • 11m

And, the second reason was actually hurtful that people (business owner) Lack in guidance, Support, Understanding what to do, So, When I understand this thing it was actually hurtful to me because people ask for help from other countries but people of my own country are in problem. And I think people should actually do it and give there best, and hit there potential. If they do than I guarantee, We can be the most successful country!

0 replies

Sairaj Kadam

Entrepreneur • 11m

Yes, it's correct I also looked in a survey and results were pretty much same as yours. But getting to the point, I would say it quickly and in simple ways. Actually I am Sairaj (owner of a multipurpose agency I help other people grow their business) Actually just speaking the truth actually I Charge $1000 - $2000 for my services. And actually it's a lot I know but actually I am also running my campaign to help other people grow for free! But Getting straight to the point most of the business in India don't actually give their best or even go and hit there potential. Don't know why? But it's the truth I don't actually know any specific person who actually asked me for my assistance in India (Not targeting the whole community but the people who actually do it) I would just say please feel that your business is the only thing you can do. (why: Actually If you have options than definitely you will go with easy one)

0 replies

Anonymous 4

Hey I am on Medial • 11m

The lack of a level playing field is a significant challenge for small businesses in India. Large corporations and multinational companies often have an advantage when it comes to accessing capital, infrastructure, and skilled labor.

0 replies

Anonymous 1

Hey I am on Medial • 11m

The government can play a crucial role in supporting small businesses by providing tax incentives, subsidies, and access to credit. However, the implementation of these policies remains a significant challenge.

0 replies

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