For last one decade or so we are discussing with MSME at grass route level and hence we could identity various key issues, challenges and problems faced by MSME during their overall life span of entrepreneurship.
What we realised is that every business sustains and grows in phases, and each phase is having a unique nature of problems/challenges.
Surprisingly we realised that many of them are not aware of these issues and challenges. If they are aware, they believe that there is no solution to it.
Until you don’t resolve the problem of phase one, you cannot shift into next phase, and so on. Hence, over 90% of entrepreneurs are stuck in phase one of entrepreneurship.
There are many standard challenges every business faces whether they are large or small. These include technical, strategic, skill base, tools they use, technological, human resources, psychological/emotional (which are highly ignored).
Even though starting a business is a big achievement for many entrepreneurs, but sustaining and scaling is one of the larger challenge.
Considering these scenario we have designed artificial intelligence system for micro, small and medium entrepreneurs which will help them to start, sustain and make business profitable.