Mission Enterprise

[Mission Enterprise]

Please Visit the Number 10 government website and search "Mission Enterprise" sign our petition!
Also Join us on face book search "Mission Enterprise"
Please, we can make a diffrence!

“Mission Enterprise” a scheme available to people in Britain wanting to start in business and grow that business into a successful one. We as a nation have the enterprising talent but our biggest challenge is unlocking this talent and its time that we do just that. We need to close the gap between thinking and doing.
1. Create a 12 month tax break for any new start up business in Britain
2. Income tax relief for 12 months for any new start up business employing people.
3. Reduction in local business rates/Taxes.
4. Cut Red Tape

[LicensedToTrade]

1. Create a 12 month tax break for any new start up business in Britain
2. Income tax relief for 12 months for any new start up business employing people.
3. Reduction in local business rates/Taxes.
4. Cut Red Tape

What absolute nonsense. Why would the government provide funding that simply reduces the risk to new businesses operated by people who aren't especially confident in how successful it may or not be?

The way I see it you have three types of people:

1. The person who will always be to scared to start their own businesses.

2. The person who has the balls to start their own business and put their all into it risking everything.

3. The person who would really like to go into business but doesn't really want to take any risks that amount to more than £100.00 so they are content to always consider going into business but never quite get off the ground.

The first person won't benefit from these tax breaks because they will always makes excuses for not starting a business.

The second person will benefit from these tax breaks but the chances are they will have made their business a success anyway because they are that kind of person.

The third person who was humming and haaing about starting a business will use this tax support to lessen the risk to themselves and will go ahead with the business when they would otherwise not have done. Being the humming and haaing type the business bumbles along not really getting anywhere and then when the tax breaks end it goes into the red and goes bust.

How does this benefit enterprise in this country?

[Mission Enterprise]

What absolute nonsense. Why would the government provide funding that simply reduces the risk to new businesses operated by people who aren't especially confident in how successful it may or not be?

That is a good question. Not sure how it relates to the four policy ideas though? i think you may have mis-understood the aims and whom the policies are aimed at.

1. The person who will always be to scared to start their own businesses.

2. The person who has the balls to start their own business and put their all into it risking everything.

3. The person who would really like to go into business but doesn't really want to take any risks that amount to more than £100.00 so they are content to always consider going into business but never quite get off the ground.


One thing i can agree on is that the 3 types of people you describe are very true although again neither persons 1 or 3 would benefit from this scheme and are not intended too. But again one key person missed from this equation is person four

4. The person who has reached a high level executive job on a high wage, wanting to start in business and has the knowledge, inteligence and skill to do so but could not give up such a good job, due to economic downturn, they are unemployed, their are no jobs and the huge company they worked for and gained success in has gone bust, leaving a gap in the market for new enterprise, a new business and a new person to control it.

You see if these people are encouraged into business then Britain's economic upturn and recovery will have a better chance, Briatin's economy can grow, unemployment can shrink and we can remain competitive in business as a nation.

"How does this benefit enterprise in this country?" Answered above.



Kind Regards
Mission Enterprise

[oldeagleeye]

And what do you hope to earn out of this OP if you don't mind my asking.

[LicensedToTrade]

4. The person who has reached a high level executive job on a high wage, wanting to start in business and has the knowledge, inteligence and skill to do so but could not give up such a good job, due to economic downturn, they are unemployed, their are no jobs and the huge company they worked for and gained success in has gone bust, leaving a gap in the market for new enterprise, a new business and a new person to control it.

You see if these people are encouraged into business then Britain's economic upturn and recovery will have a better chance, Briatin's economy can grow, unemployment can shrink and we can remain competitive in business as a nation.

"How does this benefit enterprise in this country?" Answered above.



Kind Regards
Mission Enterprise

How did Person 4 get promoted to a 'high level executive job' and still find themselves unable to get a new job? How did they get to this high level and yet along the way not consider the benefits of a savings account? How did they get to this high level and not have a decent enough credit rating that a bank would give them a business loan to start their own businesses?

How did they get to this high level and not have the business acumen to find backers for their new venture?

Why should the government give person 4 a tax break when he is clearly inept at running a business?

[Dawg]

All Mission wants to do is create employment: a new layer of bureaucracy to administer just who and who is not eligible for the tax breaks, (which will be stuffed full of people on a "high level executive job .....on a high wage").

This will be a cost not a benefit.

(As a small aside, an indicator of lumpy thinking: "high level executive jobs" don't have wages. They have salaries, dividends, bonuses, share options and bits on the side, but not wages.)

[LicensedToTrade]

All Mission wants to do is create employment: a new layer of bureaucracy to administer just who and who is not eligible for the tax breaks, (which will be stuffed full of people on a "high level executive job .....on a high wage").

This will be a cost not a benefit.

(As a small aside, an indicator of lumpy thinking: "high level executive jobs" don't have wages. They have salaries, dividends, bonuses, share options and bits on the side, but not wages.)

Yes but then 'there' is not the same as 'their' but he throws the two words around like they are going out of fashion! :D

Can I just ask OP, what is your background? You wouldn't happen to be a Person 4. would you?

[Mission Enterprise]

How did Person 4 get promoted to a 'high level executive job' and still find themselves unable to get a new job? How did they get to this high level and yet along the way not consider the benefits of a savings account? How did they get to this high level and not have a decent enough credit rating that a bank would give them a business loan to start their own businesses?

How did they get to this high level and not have the business acumen to find backers for their new venture?

Why should the government give person 4 a tax break when he is clearly inept at running a business?

1. Unable to get a new job due to something called a recession
2. savings account? well to be honest anybody saving money over the last few years has seen no benefits due to low interest rates as encouraged by government to ensure people would spend rather than save.
3. the banks are to blame for economic downturn, by giving money our to easily, therefore anyone with a credit rating still has difficulty getting credit (personally experienced this).
4. high level, business acumen and no backers? well these so called backers have been concentrating on saving their own business and have been more cautious to ensure they too don't go under.


thanks "Dawg" i would like to thank you for pointing out the diffrence between a wage and salary, although you clealry understood what i was pointing out thankfully.

Also thank "LicensedToTrade" for pointing out that my understanding/uses of words are not used in a consistant way, although its not of major importance to me and has not held me back, but i will try to improve.

I work in the leisure Industry for your information. and yourself?

Regards
Mission Enterprise

[LicensedToTrade]

1. Unable to get a new job due to something called a recession
Taking a job that pays less than the previous one I can understand, but not getting a new job at all? Doesn't exactly sound like the kind of go getter that would have gained a senior position in a company.


2. savings account? well to be honest anybody saving money over the last few years has seen no benefits due to low interest rates as encouraged by government to ensure people would spend rather than save.There are numerous ways to still earn a decent return on savings, the amount I save monthly hasn't dropped during the recession, if anything it has increased.

3. the banks are to blame for economic downturn, by giving money our to easily, therefore anyone with a credit rating still has difficulty getting credit (personally experienced this).Banks should take a large amount of responsibility for what has happened but credit is still accessible from some quarters. Banks aside there are angel investors that a high flyer like Person 4. could get on board.

4. high level, business acumen and no backers? well these so called backers have been concentrating on saving their own business and have been more cautious to ensure they too don't go under.What evidence or personal experience do you have to support this?

Also thank "LicensedToTrade" for pointing out that my understanding/uses of words are not used in a consistant way, although its not of major importance to me and has not held me back, but i will try to improve.Agreed. You don't need to be to be a best-selling author to do well in business, but if you are beating down on the door of number 10. Downing st. and you are looking for supporters then it helps.


I work in the leisure Industry for your information. and yourself?I'm the Marketing Manager for a top 100 international company.

Regards,

[Lorro2]

Most startups will be paying no tax until and if they start to see a profit. The government can help with things like business rates, enterprise boards and providing things like small affordable units such as the WDA (Welsh Development Agency) did in Wales a few years ago. Also there are all sorts of grants available for new enterprises - get in touch with your local authority or business link.

[oldeagleeye]

Please Visit the Number 10 government website and search "Mission Enterprise" sign our petition!
Also Join us on face book search "Mission Enterprise"
Please, we can make a diffrence!

“Mission Enterprise” a scheme available to people in Britain wanting to start in business and grow that business into a successful one. We as a nation have the enterprising talent but our biggest challenge is unlocking this talent and its time that we do just that. We need to close the gap between thinking and doing.

You want to set up some sort of Enterprise site for small business OP when you haven't got a clue about what small business is all about - and how can you describe Mission Enterprise as a 'scheme' when you offer nothing. Worse than that your post is misleading.

1. Create a 12 month tax break for any new start up business in Britain

All new business effectively get a tax break as standard . You get a min 18 months before having to produce 1st year accounts and this can be extended to suit any accounting period.

2. Income tax relief for 12 months for any new start up business employing people.

You get better that a few quid income tax relief. You get paid to take people on work experience schemes.

3. Reduction in local business rates/Taxes.

Local councils - enterprise zones all offer discounts and if you knew the slightest thing about business go and look at all the empty premises out there. Do your research right and your get 6 -12 months free rent.

4. Cut Red Tape

The old red herring. While there are health & safety and employment issues to consider there is a wealth of easy to understand info out there. It's not rocket science. You don't even have to work out vat imputs and outputs these days because there are flat rate schemes.

What does that leave. Setting up a company.

Try clicking on a company formation web site. Have the answers to a couple of answers ready like your name and address and whoosh. 2 hrs later you get the registration emailed to you. Cost under £30

I would stick to the day job if I were you OP and stop reading books on business studies. Get a book on history instead. There are several good one's on the biggest wealth creator of all time - the East India Trading Company.

[Mission Enterprise]

Think i will take a miss on the advise Oldeagleeye, if people stick to the so called "day job" will we get anywhere in life? Some people say life is about taking a chance taking a risk and getting where you want. If we "stick to the day job" we will continue to fail our future.

"The greatest mistake you can make in life is to continually be afraid you will make one"

believe in this and you will succeed, try it out it works and one day maybe you could make that diffrence and achieve beyond belief!

Good Day to you all
Mission Enterprise