The economy is still in dire straits. Immigration policies make it hard to find talent. Excessive red tape hampers growth. These are just a handful of complaints levelled at doing business in the UK.
Buying a business and turning it around is no easy task so a supportive environment is crucial, so it is understandable that people in business are concerned about the negative side of things at the moment.
But if you look at the situation in comparison to other countries, the UK business environment is actually pretty appealing, striking a better balance than many between employees' rights and the flexibility required by entrepreneurs and start-ups to become profitable.
Our neighbours in France tend to side heavily with employees, often to the detriment of a business' success. As a result, the French are starting to look at moving to the UK to set up new ventures.
Victor Malachard, chief executive of Adfonic, an advertising network for mobile devices which did just that, told the Telegraph: “The UK has a very good balance - it's fair to the employee without restricting the business from growing.”
He added: “The French state certainly doesn't encourage entrepreneurs. It makes it very difficult for you to succeed … That's why my French friends with businesses are always talking about moving [to London].”
Meanwhile, over the US, the balance appears to be weighted too heavily in the other direction with employees' rights suffering for the benefit of corporations. In the long run, this approach can have a negative impact on the creation of an entrepreneurial environment that allows ideas and small businesses to flourish.
So the next time you hear more moaning about how hard it is to do business in the UK, think about the alternatives and work with what we've got, which in the grand scheme of things, isn't all that bad.
Bring to the market this leasehold specialist car sales and servicing facility located in Horncastle, Lincolnshire. The trade was established as a limited company in 2005.
LEASEHOLD
The company is an online vehicle purchasing platform, providing a fast, hassle-free car-selling service for the end user. A competitor to the likes of webuyanycar.com and Motorway, the company is a well-established online vehicle purchasing platform...
Bringing to the market this denim and casual wear retailer, boating a user friendly comprehensive online presence.
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.