Starting a new business? Get 40% off our accountancy services for 3 months! 😎

x

According to recent data from the Federation of Small Businesses, 62 percent of small companies are unsure or don’t think the London 2012 Olympics will give any positive results for their trade. The Voice of Small Business survey shows that a large number of small business owners don’t think there will be a long term benefit for their companies, despite being informed that the 2012 Games would create a long term legacy for the UK.

The FSB is concerned that such a large number of business owners are unaware of long term benefits to their businesses, especially as only seven percent believe that the Games will have a positive impact on their business, and 25 percent are expecting the Games to impact negatively on business. The government is being called on by the FSB, along with Olympic authorities, to ensure that smaller businesses have an awareness of how the 2012 Olympics and the resulting tourism may benefit their business.

The Warwickshire and Coventry chairman of FSB, Ian O’Donnell said:

“It’s worrying that 200 days before the Olympic and Paralympics Games are set to begin, small businesses think it will not benefit their business.”

O’Donnell further stated that as the London 2012 Games was sold using the long term legacy as its foundation, the lack of awareness of opportunities by small businesses is worrying. The government is being urged to demonstrate the benefits to small businesses, especially as the event takes place during a difficult time economically.

About The Author

Kara Copple

An experienced business and finance writer, sometimes moonlighting as a fiction writer and blogger.

More posts by this author
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

What is a Non-Established Taxable Person for VAT?

There are special VAT rules in place for online sellers who are classed as non-established taxable persons (NETPs), and use an online…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More

What Employers Need to Know About Statutory Maternity Pay

There’s lots to think about as an employer, but one big thing you don’t want to fly under your radar is what…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You will receive our bookkeeping software Pandle for free, as part of your package.

You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.

Please select and option below:

I will do my own bookkeeping
I want you to do my bookkeeping

Call us on 020 3355 4047 if you’re not sure.