The next PradRad meeting on Wednesday 17th October has speakers taking up small business issues :
Proactive Small Business Promotion Agencies In Central and Local Government Small and medium sized businesses employ around half the UK work force. We need to end the Thatcher/Reagan consensus about unfettered free markets and instead have SME advocates in the heart of government charged with encouraging growth in this sector.
Cllr Steve Cowan, Leader of Opposition Hammersmith and Fulham Council
Tackling Late Payment to Help Small Firms Survive and GrowToo many organisations still manage their cashflow by stringing their smaller suppliers along, which makes it harder for small firms to grow and can drive them under. Suppliers have the right to sue for payment but understandably rarely use this, and the voluntary approach to encourage prompt payment has its limitations. Large firms, public bodies and charities – including privatised utilities, local authorities and subsidiaries of overseas companies – should be required by law to publish their independently audited payment practices in their annual reports, enabling the worst offenders to be publicly named and shamed.
Ben Coleman, Self Employed, Member of Labour’s Small Business Taskforce. (Secretary of Hammersmith CLP).