THE REPORT ON SMALL FIRMS 2010-2015 BY THE PRIME MINISTER'S ADVISOR ON ENTERPRISE Lord Young February 2015
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CONTENTS Foreword 3 Executive Summary Summary of key developments for small business 5 7 The Golden Age for Small Firms 9 Opportunity rather than necessity 11 There has never been a better time to start a business 12 Start Up Loans 13 Enterprise for everyone, whatever their background 13 Looking ahead 15 Enterprise in Education 16 Embedding enterprise into education 16 Making education captive and relevant - Enterprise Advisers 17 Closing the gap between employers and young people - an Enterprise Passport 17 Future Earnings and Employment Record 17 Supporting young people to start a business 18 Modern businesses require employees with relevant digital skills 19 Teachers 20 Looking ahead 20 New ways of doing business 21 Technology is making it easier to start a business 21 Home-based businesses 22 Incubation and acceleration 22 Social Enterprises 23 Looking ahead 23 1 THE REPORT ON SMALL FIRMS 2010-2015