With the vast majority of small firms making a profit in the past 12 months, the UK is in gear for speedy start-up successes.
The latest Federation of Small Businesses’ (FSB) Small Business Index shows a growing skills shortage in the workplace. Now identified as a significant barrier to growth for small firms, almost one third (29.9%) of those surveyed report skills shortages as hampering growth, with construction and computer services particularly hard hit.
In a move to encourage entrepreneurial activity and enhance its reputation among SMEs, the Conservative Party has launched a campaign to find the best small firms and entrepreneurs in the UK. Anyone can nominate their favourite local company, whether it’s a florist, grocery store, restaurant or marketing agency! Just head to Your Favourite Smal Business to complete the form and nominate your favourite local business.