Small business hampered by government

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While recessions can present opportunities for start ups, the government is crippling their progress, says small business owner Lucy Saunders.

The government is simply not doing enough to aid small businesses, despite having the perfect opportunity with this year's Budget.

The increasing divide between public sector financial security (particularly pensions), and private sector offers will draw the brightest and best candidates into the public sector and this in itself will adversely affect the economy.

The governments commitment to fast payment, with a specific target of payment within 10 days of invoice, will benefit SMEs that supply the public sector, but wont help early stage start ups. The requirements of the...

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