As of 2019, the Indian SME sector accounts for 25 percent of corporate lending in India and the entire sector is valued at Rs 17 trillion. The industry continues to grow at an impressive rate and offers a multitude of employment opportunities. One important factor that has been noted as a visible drawback of the segment is the lack of optimization in their operations. When all of the big companies are appointing separate business advisors for different facets of their operations, SMEs due to the lack of financial stability are unable to do it. Acknowledging this need gap many industry stalwarts started focusing on offering specialized and holistic consultancy services for SMEs. These SME advisors provides expert consultancy services on various aspects of a business including finance, marketing, HR, and business development to name a few.
Other than this, SME advisors also offers knowledge support and provide tools and checklists so that the companies can monitor their growth and understand where they need to improve. The need for SME advisors is rapidly increasing and their findings and solutions will be crucial for SMEs in order to survive in this ultra-competitive market. With many players offering advisory support for SMEs, it is also important to make sure that you as a company choose the best SME advisor who completely understands the requirements and objectives of the company. It is also important that the SME advisor that you choose aligns perfectly with the vision of the company so that both the parties get the best out of that collaboration.
To highlight and bring forward the importance of having an expert and capable SME advisors, we at Consultants Review have come up with the list of ‘10 Most Promising SME Advisors – 2019’ listing. This carefully curated listing features some of the premier SME advisors who have been put together after thorough inspection by industry experts, and analysts including Consultants Review’s editorial board. This proposed list comes in favor to companies that are looking for the best SME advisors.