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What does the Autumn Statement mean for Small Businesses?

The Chancellor of the Exchequer George Osbourne today made several announcements in his Autumn Statement that will have an effect on small and start-up business in the UK.

Business Rates
Good news if you’re in the retail and food sector, in addition to business rates in England will be capped at 2%, premises such as pubs, cafes and restaurants will get an addition discount. Businesses that move into currently empty premises will also get a 50% reduction – could the high street be the ideal location for your business?

Start-Up Loans
If you’re thinking about starting your own business, or if your current venture is less than a year old, you’ll also be pleased to hear that the Start-Up Scheme is having an extra £160m committed to it, after having lifted the age cap in October. 10,000 loans have already been given out, and Flyerzone’s parent company Grafenia PLC is a delivery partner for the scheme. If you think this could work for you, click here.

Fuel Duty
The planned increase in fuel duty has been scrapped, meaning that the freeze will continue. This means that on average fuel will be 13ppl cheaper in real terms – great news if your businesses relies on transportation.

Elsewhere, the creation of 400,000 jobs this year and the increased growth forecast are indicators that the economy is in recovery. In fact, the UK is showing the strongest growth in Western Europe – meaning that people are willing to spend their money on your products and services again.

So is now the time to get networking, find new customers, and launch new services? Flyerzone will always strive to offer you the highest quality print and design services and the best possible prices to ensure you get the highest return from your promotional material. Browse our library of professionally designed templates for flyers, leaflets, business cards and more here, or upload your own file ready to print here.

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