The Forum for Private Business has revealed that SME manufacturers are being hit by rising consultancy bills as they struggle to stay on the right side of red tape.
New research from the Forum for Private Business suggests SME manufacturers spend a total of £2.5bn a year on compliance, around a third of which is accounted for in fees for external consultants. On average business owners in smaller manufacturing firms spent approximately £15,379 a year on external consultancy in 2012. This is almost 5%…
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