Serial entrepreneur Stefan Töpfer, Chairman of WinWeb.com whose online business software is used by hundreds of thousands of small businesses has questioned the use of business rate relief as a major plank in the Chancellor’s plans for support to small businesses.
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Stefan Töpfer , Chairman of WinWeb, the leading online office suppliers, and regular commentator in the business media, says that start-up businesses have little to fear from the uncertainty around the general election and should make the jump into business if they have confidence in their business idea.
Leading Entrepreneur tells Chancellor: Dont penalise small firms to pay for the mistakes of the banks
Serial entrepreneur Stefan Töpfer, “dot.com” millionaire and CEO of WinWeb.com the international online office provider, has joined calls for the Chancellor to give a lifeline to small companies in his Pre-Budget Report due on 9th December. The London based international businessman says that there is a severe danger of the government pumping money into the banks and into big business like the car industry but leaving small firms to pay the price.
The leading provider of online offices is calling on the government to mark Global Entrepreneurship Week (16 – 22 November 2009) by announcing substantive help to start up and micro businesses. WinWeb.com CEO Stefan Töpfer makes the point that it is futile for government to finance campaigns to encourage people to start businesses when a massive 60% fail in their first five years, a figure that may well be worse in a recession. Töpfer argues that this attrition rate could be substantially reduced by some basic measures to support start-up businesses.