no barrier

Red Tape No Barrier for Start-ups

The Federation of Small Businesses (FSB) has disputed claims from former Dragon Doug Richard that it is difficult to start a business in the UK, saying red tape is only a burden for established firms, writes Kate Horstead. In his Entrepreneurs Manifesto and Declaration of Rights (230k PDF) released this week, the former Dragons’ Den investor and founder of the School for Startups said that excessive red tape was deterring people from starting in business and that the Government’s Simplification programme was failing. “People should be able to start a business in an afternoon,” he said. “According to the Global Economic Monitor, which measures economic freedom and the ability of countries to support small business – including the number of days it takes t... »