Why Start Your Own Small Business

Small businesses have never been so important and are seen as the backbone of the British economy. The official figures indicate that there are over 3 million small companies in the UK which employ more than 9 million staff and contribute a quarter of gross domestic product and a substantial amount of tax to the UK exchequer reportedly over £81 billion, this assumes everyone declares their income on time.

Many longstanding corporations started small having been a family owned start-up company who have endured for over 500 years. Companies such as RJ Balson and Son established in 1515 who started their butchery business in Bridport, Dorset and are still there, with the business now being run by Richard’s great-great grandson Richard Balson, who still uses recipes handed down through the generations.