Small firms say they need ‘extra support’ this year

Three quarters of small and start-up businesses believe that they need to secure extra support this year in order to grow and remain competitive in the face of economic and political uncertainties, according to the latest O2 Business Barometer.

At the end of 2016, small and medium-sized enterprises (SMEs) were quizzed to determine what changes they would like to see into the New Year. The study found that small firms felt that they needed additional support with the following:

  • Reducing ‘red tape’ (64 per cent).
  • Improving connections and access to technology (48 per cent).
  • Accessing funding (41 per cent).
  • Accessing talent (39 per cent).

If you are a small business owner, or you are setting up a new firm and establishing yourself in the business world, it is crucial to make sure that you are supporting by experts who understand today’s business environment and are experienced in helping people just like you to achieve specific entrepreneurial goals. It is equally important to seek out expert tax-planning assistance and advice.

Wilson Wright are here to help. We can assist you with all tax-related matters and ultimately help you to get ahead in the business world. Our team can advise you on managing your spending and day-to-day costs, and help you to implement tax-efficient business structures and find your feet on the path to success.

For more information about our services for small and start-up businesses, please contact us.       

The following two tabs change content below.