Jesse Young, CEO of PerDM, Believes That Small Businesses Should Take a Number of Positives from the Autumn Statement

    CHESTER, ENGLAND, December 02, 2011 /24-7PressRelease/ -- The CEO of Per DM, along with many this week, followed The Chancellor George Osborne's autumn statement confirming a slowing in growth of the British economy. The Office for Budget Responsibility (OBR) has revised growth forecasts down from 2.3% to 0.9% this year and 0.7% in 2012. However, Jesse Young, CEO of Per DM Group, believes that there are a number of constructive plans that give reason for small business owners to be optimistic.

"While many will undoubtedly be concerned about poor economic growth prospects, the support the government has pledged to businesses will undoubtedly instill confidence and allow a aspiring entrepreneurs to kick start their companies," the PerDM CEO explains.

Many business owners have welcomed the Chancellors plans to boost the economy. The statement brought with it plans for a 'loan-guarantee scheme'. In this, the government will underwrite GBP40bn of low-interest loans to businesses. "This should make it easier for small- and medium-sized businesses to borrow," explained Jesse Young. "This form of credit easing will provide many businesses an avenue that was previously unavailable at a time of great economic difficulty."

There was further good news for potential business owners with the announcement that there will tax relief for investment in start-up businesses. "We are going to see many investors take more risks with small, start-up businesses," the PerDM CEO said. "With less penalty for failure, investors are more likely to consider them," he clarified.

Further good news for small businesses is that this relief for investment comes in conjunction with a rise in the cap set for the size of Enterprise Investment Schemes (a pre-existing government investment scheme that provides tax relief to investors in start-up companies) from GBP2m to GBP10m.

As Jesse Young explains, "Per DM gives support to potential entrepreneurs and facilitates the establishment and growth of their own businesses. While certainly, the UK and indeed much of the world faces difficult economic times ahead, aspiring entrepreneurs should not be deterred." The PerDM CEO also believes that the 'loan-guarantee-scheme' should mean that now is as good a time as any to start a business. "While it is important to exercise caution when entering the business world, at Per DM we believe that optimism is a crucial characteristic of any business owner," Jesse said.

Certainly it must be said that George Osborne is doing his best to make money available at a time when growth forecasts are being cut on an almost daily basis.

For businesses' sake let's hope that he has got his sums right this time.

About Per DM:

We aim to be the UK's foremost field sales organisation. Delivering high quality results through consistency and reliability.

PerDM Contact Marketing Limited was established in August 2005 in response to the UK markets need for a field sales organisation capable of delivering high quality results with consistency and reliability.

The company was formed by a group of former UK financial services executives and senior executives from the leading North American field sales agency and since 2005 we have continually recruited leading figures from the B2C and B2B business arena.

The company provides a flexible, scalable and highly cost-effective communications resource that can be deployed as a simple extension of, or complement to, a client's existing sales team. Additionally where a client does not possess such a team then PerDM is able to fulfill that function.

We can offer nationwide coverage of the UK and Ireland and are all first class communicators able to support new customer acquisition, customer retention, product promotion and product utilisation efforts.

OUR UK CLIENTS

PerDM Contact Marketing is growing fast and despite its young age has already secured a client base that reflects confidence in the commitment, knowledge, experience and professionalism of the company and its management team.

Our clients include:

- Talk Talk
- Fundraising Initiatives Limited
- Vodafone
- Opal
- EDF Energy
- Miller Pattison
- Airtricity
- Victoria Jackson
- MBNA
- Cardcutters

Website: http://www.pdmcontact.com

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