simply business

Number of New Businesses Hits Five Year High

Service businesses such as house and pet sitting experience surge, while traditional industries such as hair and beauty and florists rapidly decline Research by Simply Business has revealed a five year high in the number of start-ups with a 24% increase in new companies launching within the UK, compared to 2013. The report found that new service businesses, such as house sitting, facilities management and pet minding firms, are leading the market – experiencing an increase of 527%, 459% and 199% respectively. This is a stark contrast compared to the performance of more traditional services, with start-ups in the hair and beauty, florist and event organising industries falling. The number of hair and beauty consultant firms witnessed the biggest decrease falling by 73%, followed by florist ... »

Half of Small Firms Feel Government is “Out-of-Touch” with Their Needs

Majority of small and micro businesses find new export, childcare and employment law policies have had no impact on their business, according to Simply Business survey A new Simply Business report has revealed over half (56%) of small and micro-businesses feel that the government misunderstands their needs, with the majority stating that changes to exporting (81%), childcare (77%) and employment (69%) laws have had no influence on their business. The survey, titled Simply Britain Pulse Check, found that some policies have actually hindered small firms’ growth; with 33% of respondents singling out new red tape policy, 25% energy prices and overheads, and 21% access to finance. The report also revealed the main changes businesses want to see to increase their chances of financial growth, as ... »