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Money Box

Money Box Live: Small Businesses

Money Box

BBC

Business

4.2825 Ratings

🗓️ 24 May 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

Small businesses represent as much as 99% of UK companies, according to government figures. They employ about half of the workforce and often contribute a vital service to local communities. The small business sector has been facing significant challenges - higher inflation, more expensive business loans and uncertain markets. In this podcast, we look at both the challenges and the opportunities for small businesses.

The experts on the panel are:

Charlotte Thomason, Head of Policy and Government Relations at Enterprise Nation, an organisation which helps advise small businesses on how to set-up and grow. Andy Chamberlain, Director of Policy at IPSE - The Association of Independent Professionals and the Self-Employed. Adnan Sajjad, an accountant specialising in helping small businesses.

Presenter: Adam Shaw Producer: Amber Mehmood Researcher: Catherine Lund Editor: Beatrice Pickup

Transcript

Click on a timestamp to play from that location

0:00.0

You are about to listen to a BBC podcast and I'd like to tell you a bit about what goes into making one.

0:06.5

I'm Sadata Sese, an assistant commissioner of podcasts for BBC Sounds.

0:11.2

I pull a lot of levers to support a diverse range of podcasts on all sorts of subjects,

0:16.0

relationships, identity, comedy, even one that mixes poetry, music and inner city life.

0:22.4

So one day I'll be helping host develop their ideas, the next fact-checking, a feature,

0:28.3

and the next looking at how a podcast connects with its audience, and maybe that's you.

0:33.6

So if you like this podcast, check out some others on BBC Sounds.

0:39.5

BBC Sounds, music, radio podcasts.

0:43.5

Welcome to the podcast of Moneybox Live, the programme about your money.

0:48.0

99% of companies in the UK are small businesses.

0:52.3

They employ about half of the workforce and often contribute a vital service to local

0:57.0

communities. And just as its customers have been facing challenges, so too has the small business

1:03.1

sector, facing higher inflation, more expensive business loans and uncertain markets.

1:08.7

Well, in this episode of Moneybox Live, we're looking at both the challenges and opportunities

1:13.4

for small businesses.

1:15.2

So if you're trying to work out where to get funding from, want tips on how to run your

1:19.2

business finances, or how to efficiently tackle your tax accounts, we hope you'll find

1:24.8

the answers in today's podcast.

1:31.4

First of all, though, let me introduce our panel who will be guiding us through some of the issues.

1:35.4

Charlotte Thomason is Head of Policy and Government Relations at Enterprise Nation,

1:40.1

an organisation which helps advise small businesses on how to set up and grow.

1:52.1

Andy Chamberlain is Director of Policy at Ipsay, that's the Association of Independent Professionals and the Self-Employed, and Adnan Sajad is an accountant specialising in helping small businesses.

...

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