Get All Access for $5/mo

Across the Pond: What Do Small Businesses Want?

By Nina Kaufman

Opinions expressed by Entrepreneur contributors are their own.

It's deja vu all over again. Or nothing new under the sun . . . ? If you read the political manifestos from the three major parties (Labour, Conservative, Liberal Democrats), you'd almost swear you were right at home . . .

I was curious to know where the different parties stood regarding legislation affecting small businesses. So Ron Beadle pointed me to the website of the UK's Federation of Small Businesses--somewhat akin to our National Federation of Independent Business.

Here are the main issues that small businesses are wrestling with: Taxes

Employment

Flexible working and child-care arrangements

Business regulation

Environment/green issues

Local business incentives

The FSB website posted both the manifestos and the summaries on its site (how wonderfully helpful), which I had the chance to, er, skim. :-) What's surprising is not the ways that the political parties disagree (nu? You'd expect that). But I found intriguing the ways in which they agree. For example:

  • They agree on the need to enhance access to capital for small and medium-size enterprises (SMEs), although they disagree on how best to do that.
  • They agree that forced retirement at 65 should be abolished, but disagree on what else (if anything) should replace it.
  • They agree that workers need to be able to request flexible work arrangements from their employers and reduce the stigma of requesting parental leave, although they disagree on the time frame for leave.
  • They agree on the need to reduce the cost of regulations, but disagree on whether this will be handled best by "sunset" provisions or otherwise.
  • They agree on improving the railroad infrastructure--whether for reasons of economy, traffic flow or environmental concerns.
  • They agree that crime prevention is a key component to strengthening SMEs and that more police on the beat are needed.

What would you say are the top policy issues for your federal government?

Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.