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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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Faced with a surge of steel imports, particularly from China, India is set to impose a 15% safeguard duty to protect its domestic steel industry. This move aims to counter price undercutting, safeguard jobs, and ensure market stability. The duty, recommended by the DGTR, will apply to select steel products and is seen as a crucial step in maintaining India's strategic industrial capabilities amidst evolving global trade dynamics.

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Whether you are a start-up or an established company, having a business plan is good for business. A well-written strategic business plan enables businesses to seek funding, analyse current performance and make improvements, and have a roadmap planned for the future. In this article, we take a look at the meaning of a business plan, its key contents and types, and how to write and develop a business plan for small businesses and start-ups.

Last updated on: Jun 29, 2023

For businesses to ace inventory management, it’s important to place reorders in time. The economic order quantity model, enables businesses to reorder stocks in time to meet customer demand while reducing expenses. Read on to learn more about the concept of economic order quantity in logistics, how it benefits SMEs, its role in inventory management and how to calculate optimal reorders using the EOQ formula.

Last updated on: Jun 29, 2023
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