The Hindu : `State to benefit from business services'

Online edition of India's National Newspaper
Saturday, Mar 27, 2004

Kerala

Kerala - Kochi

`State to benefit from business services'

By Our Staff Reporter

KOCHI, MARCH 26. High quality, non-commercial business development services can help business entrepreneurs in Kerala in the face of severe competition posing challenges of survival for industrial units.

Globalisation has led to intense competition for industrial units, especially small and medium enterprises and this calls for business development services, said the South Asia Director of British Executive Services Overseas (BESO), Paul Pettigrew, here today. He was delivering the keynote address at a conference here on Friday on the theme `marketing, innovation and subcontracting opportunities for small industry', organised jointly by the Institute of Small Enterprises Development (ISED), BESO, London, and the Association of British Scholars (ABS), Kochi.

There is an emerging marketing for such services in the private sector. In most developing countries, small industrial units traditionally depend on auditors, tax consultants and lawyers for business development services. The situation has, however, changed and none of them may be of great help to business development.

At the same time, consultancy services are too costly for the entrepreneurs. The gap can be filled only by high quality, non-commercial business development services. BESO, a voluntary, non-profit agency based in London offers such services and has 3,500 volunteers on its register. They are available as short-term advisors and can provided high value consultancy services to enterprises.

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