Red tape strangling small business, says survey

By Derya Goren · 2 August 2012 · Locked

Red tape strangling small business, says survey

Small Businesses Struggle Under Burdensome Regulations

A staggering number of small businesses are being held back by government red tape, but what's behind this growing problem and what can be done to fix it?

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Summary

Government compliance processes are continuing to have a negative impact on the SMB community, with more than 80 percent of respondents in a recent survey reporting they’re struggling with bureaucratic red tape.

Tags: bureaucratic red tape, business compliance processes, Commonwealth Bank Survey of Business Trends and Prospects report, Red Tape, Small business compliance, Victorian Employers’ Chamber of Commerce and Industry (VECCI)