StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Should government invest in small businesses - Essay Example

Cite this document
Summary
The aim of the project is to highlight some important evidences in favor of government’s investment in small businesses. And most importantly the following paper intends to answer the question whether the government should invest in small businesses or not…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
Should government invest in small businesses
Read Text Preview

Extract of sample "Should government invest in small businesses"

Download file to see previous pages

Small businesses are very important for economic growth of a country. According to FSB, small and medium sized businesses contribute over 98 per cent of all businesses within an area (Ibbotson and Moran, 2005, pp. 556-563). In London, small businesses contribute significantly by providing job opportunities to unemployed people. The GDP of the entire United Kingdom is highly contributed by small and medium-sized entrepreneurs. In the year 2012, the Federation of Small Businesses surveyed 200 small businesses in London.

Small businesses reported that they had better opportunities in entire London during Olympics and games. People from different countries visited London during games and sports. It helped most of the SMEs to earn huge profits. Small businesses are important because they lead to new innovations in marketing strategies. Most of the SMEs’ entrepreneurs belong from a lower age-group in London as per the report of FSB. Young people have the potential to convert their initiatives to application, which has sustained the market till now.

Government investment in small businesses can provide better chances for small business to grow and develop, which in-turn can help in the economic development of London. The Prime Minister of United Kingdom has brought forward some evidential facts during the CBI speech on 25th of October. The Prime Minister mentioned that the existing small businesses since 2002 have proved to be very beneficial for the economic growth of United Kingdom especially London.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Should government invest in small businesses Essay”, n.d.)
Should government invest in small businesses Essay. Retrieved from https://studentshare.org/business/1655312-should-government-invest-in-small-businesses
(Should Government Invest in Small Businesses Essay)
Should Government Invest in Small Businesses Essay. https://studentshare.org/business/1655312-should-government-invest-in-small-businesses.
“Should Government Invest in Small Businesses Essay”, n.d. https://studentshare.org/business/1655312-should-government-invest-in-small-businesses.
  • Cited: 0 times

CHECK THESE SAMPLES OF Should government invest in small businesses

The Climate of Austerity and Small Businesses

In this essay we will argue why governments should support small businesses even in a climate of austerity.... These small businesses can provide employment and at the same time can boost economy by increasing consumer spending.... Support for small businesses should be seen as an investment.... This is the reason why governments should support small businesses even in a time of economic austerity.... Why Government Should Support small businesses?...
9 Pages (2250 words) Essay

Why Governments Invest in Tourism

The possibility of small businesses, private sector, and the community at large to benefit from the tourism sector depends highly on the underpinning part played the government.... Why governments invest in tourism It is agreeable that every nation around the globe views tourism as having a great on economic development.... … Why governments invest in tourism It is agreeable that every nation around the globe views tourism as having a great on economic development....
3 Pages (750 words) Essay

International Business

This paper represents an essay on some important areas of international business.... This study deals with the in-depth analysis of a variety of international environmental influences and impact of uncertainties on international business....
8 Pages (2000 words) Essay

External Business Environment of Hospitality Industry

is a well stabled, prosper and a developed nation, and that's a major reason behind many businessmen who want to invest in the United Kingdom.... environment in terms of businesses, operate and why are the investors so keen to invest in the pool.... Same as we perceive the surroundings, the businesses get affected the same way.... London is considered to be a magnet for global businesses and investors.... The ideal country to invest for business shall be the U....
10 Pages (2500 words) Term Paper

Whats Holding Back Small Businesses

Over thirty percent of American small businesses attributed their underperformance mainly to poor sales.... small businesses attribute underperformance to other factors other than taxes.... What's holding back small businesses?... The hardest hit are small businesses due to small capital base as they are not able to invest in big research projects to propel the business entity forward and continue to maintain their market share or better still increase the market share (Shleifer, 2004)....
2 Pages (500 words) Article

Internationalization and the Global Market

However, in the recent past, there has been a trend where most of these firms end up having to close their businesses in these emerging markets and thus shutting their dream of expansion.... The paper concerns the globalization which has led to more opportunities for both small and large firms to be able to access the international market....
11 Pages (2750 words) Case Study

Small Business Strategies

n most cases, food truck businesses are sole proprietorship businesses.... Although the legal requirements and definition for food truck businesses may vary depending on the location some typical elements include business as well as liability insurance, a commercial vehicle operator registration of the truck, a work permit for the area in which the business will be operated, food handler certificate, the necessary driver licenses for the truck driver among other requirements (Weber 139)....
2 Pages (500 words) Essay

Small Business in the Climate of Austerity

In this paper “Small Business in the Climate of Austerity” the author will argue why governments should support small businesses even in a climate of austerity.... hellip; This paper will be devoted to the understanding of the reasons for government support of small businesses.... With the support of government small businesses can help an economy increase its GDP.... The role of the government in this regard can be substantial and the development and growth of small businesses are dependent upon government policies regarding small and medium enterprises (Li & Matlay, 2006)....
10 Pages (2500 words) Dissertation
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us