{"id":311636,"date":"2026-08-18T09:22:31","date_gmt":"2026-08-18T03:37:31","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=311636"},"modified":"2026-08-18T09:25:05","modified_gmt":"2026-08-18T03:40:05","slug":"how-to-be-strong-and-capable-of-small-small-and-medium-enterprises-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/how-to-be-strong-and-capable-of-small-small-and-medium-enterprises-2\/","title":{"rendered":"How to be strong and capable of small, small and medium enterprises?"},"content":{"rendered":"<p>Kathmandu. The number of small, small and medium enterprises (SMEs) has been increasing in recent years. However, there is a lack of financial literacy to become a successful businessman. <\/p>\n<p>In this context, Nepal Rastra Bank (NRB) has issued a financial notice to the micro, small and medium enterprises (SMEs) on how to become successful entrepreneurs. According to NRB, financial literacy is an essential element for business success. &#8220;Correct financial knowledge, capacity, behavior, thinking and discipline are required while operating a business without registration or registering, operating, expanding and closing a formal business,&#8221; the NRB has stated. <\/p>\n<p><span style=\"color: #0000ff\"><strong> Key Financial Aspects to Pay Attention to <\/strong><\/span><\/p>\n<p><span style=\"color: #0000ff\">The right choice of business plan and financial services<\/span><\/p>\n<p>}<\/p>\n<ul>\n<li>Business plan, primary capital, source, partnership or other option, evaluation of the pros and cons of the option, <\/li>\n<p>}<\/p>\n<li>Choice of payment and savings services according to business needs, use of technology-based services, <\/li>\n<p>}<\/p>\n<li>Use of separate accounts for business and personal transactions. <\/li>\n<\/ul>\n<p>{{TAG_OPEN_span_31}Business Management &amp; Financial Planning<\/span><\/p>\n<ul>\n<li>Information on registration, permission, tax, exemption, employee appointment, cancellation and other legal procedures as per the nature of the business, <\/li>\n<li> Income, expenses, assets, liabilities and investment accounts of the business, financial statements, cash flows, information about the use of technology for accounting, <\/li>\n<p>}<\/p>\n<li>Short-term planning, sources of cash coming and going, budgeting, long-term business expansion plans, short-term and long-term loans, partnerships, capital planning. <\/li>\n<\/ul>\n<p><span style=\"color: #0000ff\">Risk diversification and insurance<\/span><\/p>\n<ul>\n<li>Risk management, retirement planning and personal insurance related to entrepreneurs and employees, <\/li>\n<li> Financial risks to the business, risk of damage to business property, diversification and use of non-life insurance. <\/li>\n<\/ul>\n<p><span style=\"color: #0000ff\">Financial Environment<\/span><\/p>\n<ul>\n<li> Economic, political, social, technological, competition, regulations, and other external influences on the market, income, and expenses of the business, as well as the improvement of business model, innovation, <\/li>\n<li>Professional Financial Customer Rights, Grievance Bodies, and Protection Provisions, <\/li>\n<p>{{TAG_OPEN_li_35} A source of authoritative and unbiased information and advice for business and financial services selection, continuous capacity building. <\/li>\n<\/p>\n<\/ul>\n<p>Capable entrepreneurs are the basis for sustainable job creation, innovation and income expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. The number of small, small and medium enterprises (SMEs) has been increasing in recent years. However, there is a lack of financial literacy to become a successful businessman. In this context, Nepal Rastra Bank (NRB) has issued a financial notice to the micro, small and medium enterprises (SMEs) on how to become successful entrepreneurs. [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":311634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45159],"tags":[],"class_list":["post-311636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-finance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/311636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=311636"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/311636\/revisions"}],"predecessor-version":[{"id":311637,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/311636\/revisions\/311637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/311634"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=311636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=311636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=311636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}