Small businesses to lead Scotland out of recession

A recent study commissioned by the Federation of Small Businesses in Scotland has found that four out of fi ve MSPs believe that small businesses will create most of the new jobs that the Scottish economy needs to recover from recession and to steer the country’s return to growth.

The FSB, Scotland’s largest directmember business organisation, says this

underlines the need for enterprise policy to focus on helping small businesses employ more staff where the opportunities exist.

Warning policymakers that cutting back on business support and economic

development services would make this more difficult and prove to be a false economy, FSB Chair in Fife, Janet Torley, said, “Our MSPs obviously appreciate that it is Scotland’s army of small firms which can deliver the new employment that the country desperately needs. They have seen big business downsizing already and know that the public sector is getting ready to do

so. Small business, however, has a proven track record of job creation and we stand ready to build on this and lead Scotland back to growth.

“It is therefore vital that we have the tools to get on with this job and I would urge

our elected representatives to bear this in mind when decisions on enterprise spending come before them.”

In survey work, conducted by ComRes on behalf of the FSB in May and June of

this year, 40 MSPs out of 50 asked agreed with the statement: “Small businesses will create most of the extra jobs that the Scottish economy needs to recover fully from the recession.”

Over the last decade, while big business shed 33,900 Scottish jobs, small firms created 67,400 in fi gures supplied by the FSB.

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Permalink: http://www.fifebusinessmatters.co.uk/articles/404552-small-businesses-to-lead-scotland-out-of-recession.html

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