Business Stay-up: new report sets out policies to prevent unnecessary business failure
The Entrepreneurs Network, in collaboration with ABE, has published a report called Management Matters setting out key government policies which could prevent unnecessary business failure.
Based on the findings of the Business Stay-up research, the report, which will be formally launched at the Houses of Parliament tonight (23 Jan 2019), highlights that entrepreneurs supported by the right business or management training are more likely to be successful and grow their businesses faster than those without formal management training. In Britain around 60% of new business start-ups cease trading within three years. A proportion of these closures are due to a lack of management skills resulting in otherwise viable businesses failing. The report's recommendations focus on the government policy that could reduce this occurance and improve the productivity of small businesses.
Click the cover to download the full report:
Download the press release: BSUPressRelease (002).docx
Download the original reseach Human capital and businessStayUp research report.pdf
The Entrepreneurs Network and the Association of Business Executives (ABE) have collaborated on Business Stay-up: a research project and campaign to support business sustainability. The Entrepreneurs Network is a think tank for the ambitious owners of Britain’s fastest growing businesses and aspirational entrepreneurs.