Real life entrepreneurs - FSB Campaign
14/02/2012 15:28:00
The Federation of Small Business (FSB) is launching a campaign to celebrate "real life entrepreneurs." The campaign will highlight obstacles entrepreneurs face after they take a risk and set up their own business. John Walker, FSB chairman, said, ‘Turning a good idea into a business is one of the most positive acts an individual can perform for themselves and the community in which they live.’
As part of the campaign, serial entrepreneur and regular Financial Times columnist Mike Southon, will speak about some of the main difficulties start-ups face. There will also be a roadshow providing advice and networking support at several locations around the UK.
A third of FSB members say the biggest issue facing entrepreneurs is regulation and taxation. One area that urgently needs reform is VAT according to the Mirrlees Review from the Institute of Fiscal Studies.The review says the UK system is inefficient and far too complex.
Earlier this month David Cameron praised the courage of people who "turn their back on the security of a regular wage", and look to succeed on their own by starting a company. The prime minister said he believed the UK was "fizzing with business potential."