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A review of academic research undertaken in relation to Small and Medium Sized Enterprises. - Assignment Example
Author : ihuel
Finance & Accounting
Pages 10 (2510 words)
Professor Report: Small and Medium Enterprises 15 December 2013 Table of Contents 1. Introduction 2. Role of SME’s in the United Kingdom Economy 3. Effect of SMEs on the London Economy 4. Recommendations 5. Conclusion Executive Summary 1. Many individuals invest in small and medium enterprises…
5. The act focused on increasing the enterprises’ production outputs, increasing revenues and profits. 6. Small and medium enterprises reduce London’s Unemployment rate. 7. Small and medium enterprises are either sole proprietorships or partnerships. 8. Small and medium enterprises have less than 250 employees. 9. Small and medium enterprises are profitable business ventures. 10. U.K.’s laissez Faire (free) economy encourages entry into the lucrative small and medium enterprise market. 11. With lower capital investments than corporations, small and medium enterprises are preferred choices. 12. The United Kingdom government must implement the provisions of the 2008 Small Business Act for Europe. 13. The United Kingdom government must help lessen small and medium enterprises loan requirements. 14. The United Kingdom government must ensure small and medium enterprises comply with tax, labour, and environmental protection statutes. 15. Small and medium enterprises significantly contribute to the improvement of the United Kingdom economy. Introduction Many individuals boldly join the risky small and medium enterprise market segment. The market segment is grounded on low capital investments. The market segment reduces the United Kingdom unemployment rate. ...