But the Federation of Small Businesses wantS to know about your experience of interacting with regulators. Is their guidance clear enough to help you follow the rules? Do you feel you are protected by the current regulations as a small business?
The FSB has been leading the calls for a better regulatory policy atmosphere – one that protects and clarifies, yielding higher confidence and ultimately growth for small firms.
The FSB says small businesses tell them that, while they find the current regulatory environment burdensome, they understand smart decisions from the switched-on regulators who understand their needs will drive growth; interventions to make the economy fairer and more efficient, alongside better protections for small business as customers will have a major impact on the bottom line of 5.5 million small firms across the country.
This understanding is matched with the Government’s growth agenda, whose drive to regulate growth was demonstrated at the start of the new year, requesting leading regulators to create proposals to reform the current regulatory environment.
To help regulators make sure that small business growth is front and centre as they assemble their list, the FSB also pitched in with its own proposals, which are detailed here.
Now, given the changes to the regulatory landscape in the past year, the FSB has launched a new regulation survey to gauge small businesses’ views on the current regulatory environment, its impact on growing business and the overall economy.
The survey looks into any regulatory barriers businesses may experience including costs (financial and time) in complying with regulatory requirements, as well as views on specific types of regulation such as data protection, product safety and standards, and workplace health and safety.
The FSB would also like to hear views about what regulators and Government can do to mitigate the challenges that small businesses experience and help foster growth. The survey will help the FSB present the most accurate picture of small businesses’ experiences when engaging with Government and regulators.
You can participate in the FSB’s regulation survey before Wednesday, January 29.
