Long Term, Short Term, or Adhoc GUIDANCE/TUITION Available. Face to Face or Online. Please go to ''About Me'' for details.

Sunday, April 11, 2010

GP Tuition

Q: Are Small and Medium-Sized Enterprises (SMEs) the trend these days for business setups? Are SMEs better business concepts compared with larger companies?

If your answer is yes, then

Points:
- Brief Definition of SMEs
- Describe how SMEs function
- Ease of formation
- Touch on the decision-making process of SMEs, ie faster and quicker, efficient response to business deals
- Explain that SMEs now employ more than 50% of Spore's workforce
- SMEs also contribute alot to the GDP of Spore, should be also >50%
- Government is also supporting SMEs more by offering more grants (eg low-interest loans), tax rebates, employee salary contributions etc.

Briefly talk about the pitfalls of large organisations too. Eg redtape, too much 'fat' or unnecessary resources like manpower lying around, exorbitant costs (eg high rents) involved.

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