SMEs suffer double business blow
29 August 2012
Small businesses are hit hard by anti-competitive business practices and late payment, according to two recent surveys.
An Office of Fair Trading (OFT) study showed nearly a quarter of small and medium-sized enterprises (SMEs) believe they have been a victim of anti-competitive practices.
However, only a minority would report it to the OFT or other bodies.
The Forum of Private Business (FPB), a lobby group for SMEs, said unless firms can complain anonymously, they will...