Is there too much regulation for small businesses?
The FSB have claimed that small businesses across the UK are suffering from too much regulation which prevents them from growing effectively, in addition to making hiring new staff harder.
The organisation further claims that those who are already in employment are protected more than those who actively seek work along with millions of others in a tough economy.
Three in 10 of businessowners who were quizzed for an FSB survey believe that the laws surrounding employing new staff should be reviewed, and a further 21% believe that the chance of employment tribunals in the event of a dispute deters them from filling up much-needed vacancies.
Based on the figures, it seems that budding entrepreneurs have less concern when it comes to tax affairs. However, if you have any questions in relation to getting the accounts in shape for your company, make sure you get in touch with Peterborough Accountants.