Nobody downloaded yet

Should government invest in small businesses - Essay Example

Comments (0) 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 paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.5% of users find it useful
Should government invest in small businesses
Read TextPreview

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 pagesRead 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
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Should government invest in small businesses

Small Businesses

...and challenges that a business man may face in setting up a small business will be detailed and the ways to overcome the issues will be highlighted in the paper. Modern Small Business Enterprises Business success or failure is not ultimately the result of fate or random chance, but there are good reasons why a business did well or the other one didn’t. When a business man plans to set up a business, he may have some initial concerns such as which particular business to be started, who are the main customers to be targeted, how much capital to be invested...
13 Pages(3250 words)Essay

In a climate of austerity is it right for government to support small business

... not spend money of tax payers. In this essay we will argue why governments should support small businesses even in a climate of austerity. It is not only economically but socially also desirable for any economy if small and medium enterprises are encouraged. These small businesses can provide employment and at the same time can boost economy by increasing consumer spending. The arguments against government support to small and medium enterprises will also be studied in order to understand both sides of the debate. There is no doubt that these are tough times for the economy but it is not logical to curb spending in areas that will reap positive cash flows in future. Support for small businesses should be seen as an investment... will...
10 Pages(2500 words)Essay

Growth strategies in small businesses

...? Running Head: GROWTH STRATEGIES IN SMALL BUSINESSES Growth Strategies in Small Businesses of the of the Growth Strategies in Small Businesses Introduction Over the past decades, the rapid developments of the Internet and the information technologies have profoundly impacted every aspect of organisational and social activities. Many business organisations, including small and medium- sized enterprises (SMEs), have started to adopt business process digitalisation (hereafter "BPD") as a strategy to grow and to gain market and operational efficiency (Johnston, Wade & McClean, 2007, 360)....
1 Pages(250 words)Dissertation

Asian American immigrants and Small Scale Businesses

...Asian American immigrants and Small Scale Businesses Immigration is a controversial all over the world. There are many benefits and drawbacks associated with immigration. In 1980’s and 1990’s, America witnessed tremendous growth of small scale industries, mainly because of the contributions of the Asian immigrants. Many sociologists argue that one of the most important characteristics of Asian American immigrants is the high rate of small business participation. “The number of minority-owned businesses rose from less than 750,000 in 1982 to more than 1.2 million in 1987, nearly one-tenth of all of the nation's...
2 Pages(500 words)Essay

Small Businesses are Entrepreneurship

...?Running Head: Small Businesses and Entrepreneurship Small Businesses and Entrepreneurship [Institute’s Small Businesses and Entrepreneurship Introduction There is great deal of literature present regarding small businesses and entrepreneurship in general. Without any doubts, entrepreneurs and small businesses play an important role in strengthening the economy of any country. They create jobs, contribute significantly to the GDP, induce investment, and spur consumer spending. However, this paper will not explore these above-mentioned aspects but it is an...
8 Pages(2000 words)Essay

Information Security Small Businesses

...? Information Security for Small Businesses Information Security The advancement in the field of computers has carried mankind to another level. All fields of life have been revolutionized with its advent and have changed its mode of operations, for example, acquisition of education has been made easier with the emergence of virtual learning platforms; organizations have improved their business procedures with information management systems etc. Information systems manage information in such a way that all business processes can be executed in an effective and efficient manner. Information and data might be related to the business processes of any...
4 Pages(1000 words)Research Paper

Cost Allocation in Small Businesses

...operation. Here, it needs to be mentioned that such information is not just critical for the development of operating budgets; rather it is also imperative in the calculation of taxes payable to state, local, and federal tax agencies. The way a company assigns costs to different business units have a profound impact on the amount of taxes that the company pays (Tatum, n.d.). Tool for Planning Another benefit of cost allocation is that it helps companies in doing effective planning for keeping things within budget. Managers of small businesses can make a good use of available resources by using cost allocation process as a way of providing quality services. In businesses,...
4 Pages(1000 words)Research Paper

How globalization affect small businesses

...businesses are crucial in determining the economic position of a country as they form major source of revenue for the government. However, Globalization has diverse effects on small businesses globally. Pros of Globalization over Small Businesses Globalization has promoted small businesses to compete in an international scale. This is because small businesses are equipped to fight and compete in markets where only big businesses are known to succeed. Most big businesses are associated to trade in international markets, but by the advent...
5 Pages(1250 words)Essay

Whats Holding Back Small Businesses

...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). The major challenge according to the article is not related to overregulation or taxation but low demand for business products. Over thirty percent of American small businesses attributed their underperformance mainly to poor sales. However, the research carried out by the National Federation of Independent Business also attributed the under performance to competition from large businesses, financing and interest rates,...
2 Pages(500 words)Article

How Globalization Affects small businesses

...Journalism leads to address How Globalization Affects small businesses Questions lead This lead offers an appealing introduction to a topic of significant importance and requires attention of the reader. It is appropriate in explaining a difficult concept that requires in-depth attention of the reader (Ballenger 163-4). To capture the interest of the reader, it would be better to introduce a question to evoke further inquiry by the reader into the work through continued reading. Example: To introduce a topic to the reader on globalization and its effects on small businesses, the issue can be posed as a question in this form, “Is globalization affecting the current...
2 Pages(500 words)Essay
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.

Let us find you another Essay on topic Should government invest in small businesses for FREE!

Contact Us