With the political party conferences due to begin soon, small businesses are preparing to raise their demands to ensure they’re not neglected in election manifestos.
The general election is looming and so it’s integral for interest groups to make their voice heard. Organisations like the Federation of Small Business will be calling for changes to issues such as business rates and access to finance.
The chairman of the FSB, John Allan, said: “This party conference season is an opportunity for all political parties to spell out their offer to small businesses and the self-employed ahead of the election. Small businesses are feeling confident and we need to lock in this optimism to deliver a sustained economic recovery.”
This will come off the back of political leaders attending the FSB conference in April and talking about how important SMEs are to the British economy while also pledging support for them. Both David Cameron and Labour’s Chuka Umunna spoke at the conference.
Allan went on to talk about the demands of his members. They include plans for rebalancing the economy and to help lower the costs of running a company. They also want action on business rates, late payments, energy costs and access to finance.
Emma Jones, the founder of Enterprise Nation, suggested that the government was paying attention, but that might not be enough. She said: “Record numbers of people are starting their own businesses so their voices can be heard. There are 4.9m small businesses in the UK since 2008, 90 per cent of job creation has come from small and medium firms. While business sentiment is fairly positive…prompt payment is a huge issue that still needs addressing.”