“In normal times the risks would be lower”
Lewis English, 34, said that while there was a lot of talk about business in the budget, there was nothing for small companies such as his “that are actually trying to grow and innovate”.
English, who runs a marketing consultancy, was looking for “some kind of help for small businesses looking to grow”, such as additional funding to help take on staff.
“The biggest problem is getting the capital needed to grow quickly. I want to grow, but I don’t want to ruin my business by doing so,” he said. “At the moment, to manage my risk, I hire contractors. To grow my business, I’d like a researcher, but investing £30,000-£35,000 in new staff in an uncertain time feels like too big a risk.”
The new 50% business
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