In the Federation of Small Businesses’ (FSB) first budget submission to the new Government it has called on the Chancellor to strengthen the landscape for small businesses and enterprise by continuing to reduce the deficit, stimulate growth and back ambitious small businesses.
New research from the Federation of Small Businesses (FSB) suggests small firms are struggling to protect the identity and ideas at the heart of their businesses. Time and money spent on protecting intellectual property such as patents, branding and product designs takes valuable resources away from business development, potentially putting growth and innovation at risk.
In the first study of its kind since the Big Six energy suppliers pledged more support for small businesses by ending rollover contracts, the FSB has conducted an exclusive survey of over 1,400 of its members to get a clearer picture of small energy for small businesses.
At an event held by City Action, Fiona Woolf said companies should become more involved with supporting community organisations.
Research from the Federation of Small Businesses (FSB) has found that half (49%) of small businesses with employees on the National Minimum Wage have either increased wages in the last 12 months or are considering raising pay. The data shows less than a quarter (23%) of small firms have any staff on minimum wage, down from 27 per cent in 2012.
The Federation of Small Businesses (FSB) believes small firms could be missing out on cheaper finance as new figures shows around two thirds (61%) of firms haven’t heard of Funding for Lending (FLS).
Extensive new research from the Federation of Small Businesses (FSB) shows that 58 per cent more of the money spent by local authorities with small firms is re-spent in the local economy compared to that spent with large businesses in the same area.
Research commissioned by the Department for Business, Innovation and Skills (BIS), revealed that the number of cyber attacks hitting businesses has increased over the last year.