Advice website Smarta.com has predicted that small businesses could increasingly outsource some of their workloads this year and this could benefit umbrella company contractors.
The government is keen to see small businesses grow and to help this happen it has launched some new initiatives. It has also been announced that the New Enterprise Allowance scheme is to be extended in the hope of creating up to 40,000 new companies by 2013.
Contractors will no doubt be pleased to learn that the job market is improving and there has been an increase in the number of vacancies being advertised.
On Monday, George Osborne and Vince Cable announced a fundamental review of the steps all areas of Government are taking to promote the best conditions to encourage growth in the private sector.