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BizHelp24 Edition No. 132
Wednesday 13th April
2005

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April 2005 - Small Business News

 



Do You Feel Let Down by The Government?
 

Following plans by the DTI to make starting up a business easier and cheaper, a large survey has found that 84% of self employed people believe that the government does not do enough to support small businesses.

Despite there being over 3.6 million small businesses, employing almost half the private sector staff in the UK; small business owners feel let down by the amount of information and support they receive, and angered by the burden (and costs) of red tape and legislation.

The survey by Panasonic Business Systems shows that 41% of small business owners felt that the biggest advantage of running their own business was the flexibility it allowed them; while 40% said that they felt more reward for their skills and hard work than when working for another company.

However, a quarter of those surveyed found that they ended up working noticeably longer hours; the same amount complained of feeling like they were always on duty, even when they were on holiday. 23% found the many financial pressures to be a significant drawback to running their own business.

Positively, despite the drawbacks; 80% of small business owners felt that their quality of life had improved since starting up on their own. The majority also felt that running a small business had more positives than negatives.

Most of those questioned highlighted the importance of having the appropriate technology in place before starting up, and pointed to it as an area that most small business owners have to learn more about during the running of their firm.

Don't forget that BizHelp24 has over 400 free articles on a wide range of small business issues.

A range of articles on starting a small business are available from our Business Start Up portal here.

Learn more about how IT can benefit your business with our free articles available from our Internet and Technology portal here.

 

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Archive: Apr to Jun 2005

 

 

BizHelp24 – UK business and finance information, news, help and services for small businesses BizHelp24 is a UK business and finance resource providing Small Business Help, Start up Information, news and services; for individuals and Sole Traders. Comprehensively covering a wide range of key business, finance, and service topics. Employment and personal information includes Work Times and Break Entitlement, Body Language, employee Holiday Entitlement and Employment Contracts. Credit Policy information includes Letter of Credit, useful Credit Notes, Business Loans. and Cash Flow Control. Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names,

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