By Jonathan London on 24th March 2015

Survey highlights small business concerns

Ahead of the forthcoming General Election, many small business owners are starting to becoming increasingly concerned about the three main parties’ plans for the future.

Research conducted by SwitchMyBusiness.com has highlighted nearly 25 per cent of owners of small firms believe they may cease operating within the next six months, while 93 per cent have called for the next government to do more to support the UK’s small businesses.

The survey involved companies within a wide range of sectors and questioned them on a range of issues ahead of the May 7th election.

It was discovered that 40 per cent of those surveyed believe the current government does not understand the needs of small enterprises and that David Cameron will have to do more to attract the support of business owners.

A total of 34 per cent have called for a reduction in business rates, 21 per cent believe the government should help reduce utility bill costs and 25 per cent back the introduction of a loan scheme that would allow them to borrow money, but not have to replay for at least three years.

Other suggested measures that could help boost the situation for small businesses included reducing the cost of superfast broadband services and tougher penalties for clients who do not pay on time.

SwitchMyBusiness.com has used the research to produce a documents detailing the needs of the country’s small firms.

Ian McKeever, the chief executive officer of the comparison website, explained: “The picture from UK small business owners is clear; they want change from the government and they want more help.

“Small businesses are the forgotten younger brother of the big corporates and we want them to have a voice and get it heard. This is why we’ve put together the small business manifesto so as we head into election ‘promise’ season, the political parties will stand up and take notice.…

Jonathan London Written by Jonathan London

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