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It’s a challenging year ahead for SMEs

PHIL Orford, head of business group the Forum of Private Business, warns smaller companies face a ‘challenging’ year ahead – but swift tax and red tape reform could lift SME sector.
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10 January 2012

Phil Orford, chief executive of the Forum of Private Business
Phil Orford: challenges ahead for SMEs

 

IN 2010 Britain crept out of recession. But many small businesses will find the year ahead even more challenging as they try to grow, creating the jobs lost in the public sector and driving economic recovery.

Removing the barriers to growth created by tax and red tape must be a cornerstone of emerging enterprise policies. We are pushing for the UK’s complex tax system to be simplified and complying with regulation to be made more proportionate for small firms.

Employment law, in particular, must cease to be a barrier to job creation and should be rebalanced more in favour of employers – and the majority of the workforce – not just individual employees.

Simplifying employment law would go a long way towards empowering entrepreneurs to create jobs to grow their businesses, but there is a need to address workforce training and skills.

With youth unemployment at record levels and small businesses struggling to find staff with the right skill sets, we will be campaigning for training provision that is business-friendly, and calling on education providers to focus on the requirements of small businesses as well as students.

Get Britain trading

As a business group, we will soon be launching a campaign aimed at improving the fortunes of both its members and the wider SME community.

‘Get Britain Trading’ will highlight the huge contribution smaller businesses make to the British economy. It will also call on SMEs across the UK to get involved in order to get their voices heard and help the Forum lobby top-level decision-makers on their behalf.

Because we want the massive contribution small firms make to the economy to be recognised and will urge the government to place their interests and concerns at the heart of its enterprise policies for 2011.

This will be a truly interactive campaign so look out for more information on the website. We need you to pledge your support so we can represent you effectively to government.

Small businesses hold the key to a private sector-led recovery, however they require fair and open trading conditions in order to grow and create jobs.

We are working to ensure small firms are ready and able to trade as the economy continues to recover, including supporting exporters, providing protection against utilities companies and helping to open up public procurement opportunities, as well as assisting with accessing new technologies and sales and marketing techniques.

Like the economy as a whole, small businesses across the UK are entering a crucial period. With the Forum’s support, protection and reassurance – and the right policies from the government – it can also be a year of renewed profitability. Let’s work together to strive for success.

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Ralph Morton

Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

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