3 small cap ASX shares that could have a big 2021

If your risk profile allows you to invest in small cap ASX shares, then you might want to take a look at the ones listed below.

All three of these small cap shares have been growing strongly and have been tipped to continue doing so in the future. Here’s what you need to know:

ELMO is a cloud-based human resources and payroll software company which provides a unified platform to streamline processes for employee administration, recruitment, on-boarding, learning, performance, remuneration, compliance training and payroll. It has a massive opportunity in the ANZ and UK markets and the option to expand internationally in the future thanks to its jurisdiction agnostic platform. Morgan Stanley currently rates ELMO as overweight with…