IPSE welcomes the 'positive idea' from Labour for a Small Business Administration

Posted On: 
19th September 2018

IPSE have responded to proposals for a new US-style agency to kick-start small businesses. 

Access to finance has always been a big challenge for small businesses, including for our smallest businesses – the UK’s 4.8 million self-employed.

IPSE welcomes this positive idea from Labour for a Small Business Administration, which would aim to kickstart small businesses while recognising their importance as wealth creators and job generators, and look forward to further details about this proposal.

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It is important to keep in mind that the self-employed often see growth differently from other small businesses. IPSE research suggests they are more interested in becoming experts in their field, rather than building a business empire.