Small firms need government and EU help to trade

Monday 21 January 2013

The government and the European Union (EU) must do more to ensure small businesses have the best support and environment in which to grow, it has been claimed.

According to the Federation of Small Businesses (FSB), the single market has an important role to play in creating trade opportunities for such companies.

The FSB explained that almost a quarter of its members export and the vast majority do so within the European Economic Area.

It said governments around the world "need to do all they can" to keep markets open and take barriers away, enabling companies to grow.

John Walker, national chairman of the FSB, noted that there are more than four million people in the UK that are either self-employed or run their own business.

"Although the single European market gives them access to 500 million customers and 23 million businesses, the burden of regulation - with around half emanating from the European Union itself - falls disproportionately on the smallest firms," he stated.

"The government and the EU must do everything they can to ensure small businesses have the best support, and environment in which they can create growth and jobs so desperately needed, as well as further freeing up barriers to trade, reducing regulation, and supporting local communities."

Posted by Dan Smith