The Budget – what does small business want?

You may be aware that Greg was recently appointed as local regional champion for Enterprise Nation . It is a role that means he is keen to hear from local businesses regarding the opportunities and challenges they face, which of course today will be focused on the Budget.

Greg popped down to London earlier this month to learn a little more and also to put over some of the concerns of Nottingham’s thriving business community. Here’s what we as Enterprise Nation would like to see. We’d love to hear your thoughts on these points or any others that you may have.

  • For starters, let’s clarify business rates reform. Businesses have been waiting for too long to hear how the government intends to properly reform Britain’s system of business rates. It is outdated. Here’s hoping for some news to benefit independent traders on the high street.
  • As a Growth Vouchers adviser and recipient, I saw great potential here. Why not now consider a programme of Digital Vouchers and Export Vouchers offering match-funding to small businesses to spend on expert advice. Small businesses that take advice grow faster than those that don’t.
  • Finally, I regularly sit down with clients for a collective hair-tearing session over pitching for government contracts – we can’t be the only ones. It needs to be standardised. Introduce a new feature to Contractsfinder where businesses upload basic information once and procurement executives can access the detail. This will ensure a more efficient procurement process and help government reach the welcome target of £1 in every £3 spent with small businesses.

What do you think? Also, if you want to be considered for comment on the Budget and other opportunities, do drop us a line. We have a very affordable new service launching in the summer to help you get your thoughts out there into media land.