Opportunistic politicians are being advised to “hold their tongue” if they think they can get capital out of an expected massive upturn in the number of business start-ups.
With the country experiencing a spate of redundancies, it's reckoned the number of people setting up their own business could hit an all-time high of 300,000 this year.
However, Edinburgh businesswoman Ruth McKay is convinced a high percentage of start-ups will quickly fail because they are neither equipped nor experienced enough to trade successfully.
Now, she and respected business consultant Ben Cartwright have joined forces to to form UNIQ – The Academy for Entrepreneurs, a company which offers operational, marketing and sales advice to new and small firms throughout the country.
Ms McKay, the vice-chairman of the Edinburgh branch of the Federation of Small Businesses, said: “I can guarantee that as soon as many politicians realise there's a massive upswing in start-up rates, they'll start trying to take the credit. They should hold their tongue, because countless of these new businesses will fail.
“We are extremely worried for many of the hundreds of thousands of people expected to become their own boss in the next 12 months. A lot of them will have been made redundant and I'm sure most will be excellent at their own speciality, but not many will have day-to-day experience of running a business.
“Yet with unemployment as it is, many folk thrown out of work feel they have no option but to try to make a go of it on their own. I feel for them and we at UNIQ will try to help them.”
Ms McKay said she was particularly concerned because she felt the UK Government's start-up help agency, Business Gateway, often failed to give the sort of intensive service many new companies needed.
She said: “Business Gateway does its best but it doesn't offer the personal and customised service we offer. Besides, if current predictions are right, Business Gateway is going to be swamped with new clients. I seriously doubt if any public-sector organisation is nimble enough to deal with that. We at UNIQ are, however.”
Notes to Editors:
1. For more information on UNIQ – The Academy for Entrepreneurs visit www.souniq.co.uk, email firstname.lastname@example.org or phone 0131 447 0438. Ruth McKay is available for comment on a range of issues relating to small businesses, sales, marketing and operations.