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Although the majority of UK businesses are small, company law has always been written with the large organisation in mind. In drafting the Companies Act 2006, Ministers wanted to redress the balance and make the law easier for everybody to understand and use.
We quickly found engaging the small business sector a challenge, given the demands on their time, so we decided on a variety of approaches. Initially we spoke to representative organisations and asked them to compile a list of small companies who might be prepared to work with us. We then held a series of workshops with small businesses, which helped us identify areas of particular interest, and subsequent regional small business evenings organised with the Chambers of Commerce opened up the discussion on company law still further. Alongside these events, we also sent email questionnaires and alerts to small business to engage them in the debate.
Although small firms rarely have the time to read papers or questionnaires in advance, their response was encouraging and we found they welcomed the opportunity to talk to us. To keep the momentum going, we are making sure that everybody is kept involved by circulating regular updates.
More information can be found here in the Small Firms Impact Test section on the BERR website.
