With our Small Business Britain Charter now live we thought you might be interested to read some of the key findings from the YouGov survey which questioned over 1,000 small business owners from around Britain.
The survey was split into three focus areas, what Government needs to do for small businesses, what banks need to do for small businesses, and what small businesses can do for themselves over the next year and beyond.
In order to avoid posting a novel, we will focus on the first two today and the third tomorrow!
… the UK Government
• 40% of respondents called for a reduction in employers’ national insurance contribution.
• 30% called for Corporation Tax deferment
The UK’s small business community are a leading contributor to the country’s employment and economy. In the run-up to the 2010 General Election, small businesses are looking to the successfully elected party to develop programmes and policies that will encourage growth in this economically difficult time.
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Budget fails to raise small businesses’ hopes of surviving the recession
According to our latest survey, less than 2% of small businesses said that Darling’s Budget would have a positive impact on their business, while 87% said they were now less likely to vote for this Government at the next general election.
Our research highlights the discontent among Small Business Britain as a result of the Government’s lack of support. A staggering 91% of respondents said the Budget would have no impact on their chances of surviving the recession, contradicting the Chancellor’s remarks that this Budget would help ease the country out of the economic downturn. This could have a devastating effect on Britain, as small businesses play an integral role in the economy, employing an estimated 13.5 million people.
While the Government claimed that the Budget has addressed small business cash flow issues, 90% of respondents disagreed, highlighting the extent to which the biggest challenge facing businesses in the downturn has been ignored.
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Posted at 11:40 AM in Advice, Budget 2009, Comment, Recession, Small business success, Tax, VAT | Permalink | Comments (2) | TrackBack (0)