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Reduce compliance costs for new and small businesses
For a great number of people, there's nothing more exciting than starting and building a new business. But the cost of compliance to existing laws and the cost of support to help you in times of trouble is too high and puts a lot of people off starting their own business. We should look to change the laws relating to business operations so that small businesses can focus more on operation rather than compliance. Moving from working for a government department or large corporation and starting up on your own is a growing trend and fits in with the seemingly global trend of starting to rebel against the "big brother" sort of systems that are perceived to be driving the global economy for the benefit of a few. There is plenty of evidence to show the compliance costs to small businesses and the restrictions to growth that is associated.
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