My colleague, George Derbyshire CEO at the NFEA, has recently made the following observation after a speech from David Cameron. I couldn’t agree more and all the research shows that businesses that get some support in the early months have a much higher survival rate. The department of Business Innovation and Skills have just published a report on what types of support businesses favour - surprise surprise its human contact rather than websites or call centres. The report can be found at www.bis.gov.uk/assets/biscore/enterprise/docs/r/11-507-research-into-business-support-channels
George blogged “Interesting speech from David Cameron this weekend. “Enterprise is not just about markets, it’s about morals. We understand that enterprise is not just an economic good, it’s a social good too.”
Couldn’t agree more. And it’s not just words from the PM. The Government will be “rolling up our sleeves and doing everything possible to make it easier for people to start a business and grow a business.”
So he is embarking on a crusade to cut taxes, regulation and bureaucracy. Indeed he is going to “pull these (bureaucrats) into my office to argue this out myself.” All this is necessary: but it is not sufficient. Mr Cameron talks with pride of the 30000 + new firms started in January this year alone and identifies the Conservative Party with builders, electricians, roofers and retailers.
I am sure these 30000 new businesses will be grateful for every regulation which is scrapped. But that is not going to make the difference between success and failure, or between growth and stagnation. Our new electrician won’t fail because he doesn’t know which wire goes where. It will be because he’s got his pricing wrong, or can’t control his cash flow, or fails to devote enough time to sales and marketing.
So, Prime Minister, take away the obstacles by all means, but if we don’t find a way to provide people with the essential business skills they need to succeed, we will just be setting them up to fail.
And where’s the morality in that?”
To read more blogs from George go to www.nfea.com/blog.html
George blogged “Interesting speech from David Cameron this weekend. “Enterprise is not just about markets, it’s about morals. We understand that enterprise is not just an economic good, it’s a social good too.”
Couldn’t agree more. And it’s not just words from the PM. The Government will be “rolling up our sleeves and doing everything possible to make it easier for people to start a business and grow a business.”
So he is embarking on a crusade to cut taxes, regulation and bureaucracy. Indeed he is going to “pull these (bureaucrats) into my office to argue this out myself.” All this is necessary: but it is not sufficient. Mr Cameron talks with pride of the 30000 + new firms started in January this year alone and identifies the Conservative Party with builders, electricians, roofers and retailers.
I am sure these 30000 new businesses will be grateful for every regulation which is scrapped. But that is not going to make the difference between success and failure, or between growth and stagnation. Our new electrician won’t fail because he doesn’t know which wire goes where. It will be because he’s got his pricing wrong, or can’t control his cash flow, or fails to devote enough time to sales and marketing.
So, Prime Minister, take away the obstacles by all means, but if we don’t find a way to provide people with the essential business skills they need to succeed, we will just be setting them up to fail.
And where’s the morality in that?”
To read more blogs from George go to www.nfea.com/blog.html
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