Micro-businesses in Wales 'confused' over public sector support

  • 1-19-2012

Micro-businesses in Wales ‘confused’ over public sector support

By Jamie Lawrence | January 19, 2012

Welsh Business Minister Edwina Hart. Image courtesy of: National Assembly For Wales/Flickr.com
Welsh Business Minister Edwina Hart. Image courtesy of: National Assembly For Wales/Flickr.com
Welsh SMEs with fewer than 10 staff are confused about where to turn for public sector support, according to a new report.

Commissioned by the Welsh Government, the report calls for a single public-sector brand that is easily recognisable and accessible by the private sector.

It said that micro-businesses were “overwhelmed” by regulations. The micro-business task and finish group added there was “significant confusion” among SMEs about where public sector support can be found, and how to access it.

Evidence of competition and duplication among sources of public sector support was outlined in the report, as well as instances where public sector offerings were simply a rehash of advice already available in the private sector.

The findings of the report are significant considering 94.5 percent of all Welsh businesses employ up to nine employees.

Chairman of the group, Robert Lloyd Griffiths, of the Institute of Directors, said small businesses could be the “next big thing.”

He added the aim of the group was to "ensure they have access to the support they may one day require.”

Business Minister Edwina Hart promised to act on the recommendations made in the report.

"There's no point in having this report and allowing it to gather dust on the shelves," she said.

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