Nowadays’s Small Business Act could be a step towards a Europe of entrepreneurs, with less red tape and a lot of red carpet for Europe’s twenty three million Small entreprises. It aims to help small entreprises to thrive and to allow the best ones a launch pad to grow into world beaters. The Small Business Act could be a crucial milestone in the implementation of the Lisbon Strategy for Growth and Jobs.

It can mean additional receptive public administrations, less late payment of invoices, access to additional help with finance, innovation and coaching, lower VAT for services provided locally and higher access to public procurement contracts. The package can conjointly give SMEs access to a European Personal Company Statute to cut forms and increase clarity.

Small entreprises became increasingly important in our society as providers of employment opportunities and key players for the well-being of local and regional communities. Thus, the Small Business Act for Europe proposes for the first time to put into place a comprehensive policy framework for the european union and its Member States.

The Small Business Act is based on the belief that entrepreneurship and entrepreneurs ought to be applauded and rewarded; they’re the spine of EU society. Being SME-friendly ought to become normal policy. To achieve this, the “Think Small First” principle ought to be irreversibly anchored in policy making from regulation to public service so guaranteeing that rules mirror the bulk of those who can use them. Small entreprises should be helped to succeed. When the setting up of businesses and their development is hindered by unnecessary barriers, these should be removed. When Small businesses are held back by market failures, these must be solved.

The Small Business Act for Europe proposes a collaboration between the european union and the Member States. A group of ten common principles ought to guide the policies each at the EU and at a national level. An ambitious package of new measures, together with 4 legislative proposals, is translating them into action. Additionally, all Member States are invited to benefit from smart practices that exist inside the european union.

What Europe needs currently is a robust political commitment at the highest level to realize a real breakthrough. The Vice-President of the European Commission trusts that the Small Business Act for Europe will be the start to rework words into action.

To be followed…

Do you want to understand:

• How to generate international sales without the need to speak any foreign language?
• How to handle your language barriers and cut your translation value once and for all?
• A way to answer your European customers queries during a rapid and skilled manner?

Catalyst Entrepreneur International virtual assistant deliver free translation online. Plus your business can develop a thriving International promoting strategy and prevent language obstacles with our french translator.