Are Small Businesses Encouraged to Set Up?

Interested to hear your views on topical subject given the recent economic turmoil faced by many small to medium sized businesses. Small businesses have to take on an enormous amount of risk in developing a new business idea or at least an concept that is currently not being served well in the market. Given the financial and emotional commitment required to generate revenue through acquiring new customers followed by the increasing burden of bureacracy and stealth tax it is easy to ask yourself "is it worth it"

Our view is a resounding "yes" as the satisfaction and constantly changing challenges more than compensate for the negatives that are associated with small business risk. 

However, when times get hard, as they have been and are for many at present, what support is there from Government bodies and Banks?
 
We, along with other businesses in Thame are becoming more involved with each other to share ideas and also to see how we can help each others' business. Now, more than ever, you need to be innovative to develop self-sufficient and sustainable competitive advantage to help protect and grow your business for the future. Innovation is vital.   
Posted: 14/07/2009 14:57:22

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