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Impact of Micro and Small Business on UK Economy

   

Added on  2023-02-06

9 Pages692 Words52 Views
Entrepreneurship and Small
Business Management
Impact of Micro and Small Business on UK Economy_1
Introduction
• Present study will discuss impact of micro and small
business on economy.
• It will describe importance of small business.
Impact of Micro and Small Business on UK Economy_2
P3 Impact of the micro and small business
on UK economy
• The impact of micro and small business on UK economy is very good because it helps
in the growth of the GDP.
• In particular SME sector is providing the more jobs from any other sector. It provides
15.2 million jobs to the people. The governments also made relaxation in taxes to
motivate in the new venture. It is also helping the in providing the jobs, offering the
advice and many more. The economy is booming by the contribution of the sector.
• This is helping the society as well because it has no age limit. Any person can start his
business.
• In micro sector also the company are making their full efforts to work on successful
note. Both these sectors are engaged in manufacturing business.
Impact of Micro and Small Business on UK Economy_3

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