Pro-business or pro-state? Founders are still waiting for an answer

              

 

His focus on regional growth, infrastructure, skills and industrial strategy may strengthen the wider economy, but many entrepreneurs wonder where small and micro-businesses fit into the picture. This is an approach shaped by the state rather than by the founder.

The Prime Minister deserves credit for promoting investment, apprenticeships and greater economic opportunity outside London. He has also avoided sudden policy shocks, which businesses welcome. But founders judge governments by outcomes, not intentions.

The real concerns remain unchanged. Small business owners want simpler taxes, lower employment costs, less regulation and tougher action on late payments. They want to spend less time filling in forms and more time building their businesses.

green and white cardboard boxes
Photo by Jack Krzysik on Unsplash

While ministers talk about strategy, many founders are struggling with rising costs and growing administrative burdens. A Small Business Minister and a Small Business Strategy are welcome, but entrepreneurs want evidence that these policies will make a difference.

Andy Burnham may be pro-business, pro-growth and pro-investment. What founders want to know is whether he is truly prepared to back the people who take risks, create jobs and build companies from nothing.

Until they see results, the jury will remain out.

This is an article by Liz Barclay – copyright www.business111.com/news

If you are a small business, self employed or freelance -register to get free 24/7 help for your business – @business111com

Discover more from PeopleMatter.TV

Subscribe to get the latest posts sent to your email.

Published by Editor

PeopleMatterTV - experts and journalists - making a difference in the world

Leave a Reply

Discover more from PeopleMatter.TV

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from PeopleMatter.TV

Subscribe now to keep reading and get access to the full archive.

Continue reading