The Sri Lankan economic climate is perilous and comes with a unique set of challenges for its Small and Medium enterprises (SME). A business could decline in this environment and we felt the need to elaborate and share some aspects that you could scrutinize and identify the root causes.
Small and Medium Enterprises (SMEs) are the backbone of the Sri Lankan economy, contributing significantly to employment and GDP. However, the country has faced several setbacks and businesses are struggling to survive, especially startups and SMEs. Diversification can be a powerful strategy to mitigate these risks and ensure long-term sustainability.
In today's competitive landscape, brand image is no longer a luxury for startups. It's a crucial asset that can make or break a business, especially in a country like Sri Lanka where trust and credibility are often hard-earned.
The Sri Lankan economic climate is perilous and comes with a unique set of challenges for its Small and Medium enterprises (SME). A business could decline in this environment and we felt the need to elaborate and share some aspects that you could scrutinize and identify the root causes.
Small and Medium Enterprises (SMEs) are the backbone of the Sri Lankan economy, contributing significantly to employment and GDP. However, the country has faced several setbacks and businesses are struggling to survive, especially startups and SMEs. Diversification can be a powerful strategy to mitigate these risks and ensure long-term sustainability.
In today's competitive landscape, brand image is no longer a luxury for startups. It's a crucial asset that can make or break a business, especially in a country like Sri Lanka where trust and credibility are often hard-earned.
In the first video of the Diriya Biz video series brought to you by Diriya.lk, we are joined by Mr. Heminda Jayaweera, who is the Co-founder of Venture Frontier Lanka, the Co-founder of Thuru.lk and a former Chief Operating Officer of the Sri Lanka Institute of Nanotechnology (SLINTEC) as well as a prominent figure in the Sri Lanka ICT Business Landscape, undertaking a lot of initiatives to uplift the entrepreneurs in the domain.
Subtitles are available in Sinhala, Tamil and English.
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