Small firms driving GDP

There’s an interesting story on the BBC website today - Small firms want help to drive GDP.It’s interesting from two perspectives - firstly for anyone who’s lost a filling at the most awkward time and / or somewhere far removed from a dentist. Thanks to Tony Lees and his Dentanurse product, which is now available off the shelf in supermarkets, you can buy a DIY filling kit.
Secondly although Dentanurse employs just five full-time members of staff, along with the other 4 million or so SMEs across the UK these companies account for 51% of UK GDP, according to the Federation of Small businesses. Mr and Mrs Lees say they are sceptical of the government’s efforts to help them and other small firms. “SMEs make up the majority of the economy, but we feel invisible,” says Mrs Lees. 
The couple’s request to the government is very simple. “Cut business rates for small firms, and reduce rate tape,” says Mr Lees.
John Wright, national chairman of the Federation of Small Businesses, wants the government to continue efforts to get the banks to start lending again, and to put pressure on bigger companies to ensure they pay their small suppiers on time.


Sentiments I suspect just about every small business would agree with…. 

Source: Microsoft Small Business

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Jul 24
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