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New guide to assist small businesses in difficulty – Minister Bruton, Minister Perry

The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD,

together with the Minister of State for Small Business, John Perry TD,

today (Monday) launched “Managing Out of The Crisis”, a simple guide to

assist small businesses in difficulty.

The guide, which was developed in response to a recommendation from the

Advisory Group for Small Business, provides simple advice for small

businesses facing difficulties, as well as contact details and website

addresses for organisations where further guidance will be available.

The Department of Jobs, Enterprise and Innovation will be displaying the

guide on its website, and has contacted business representative

organisations, the CEB network, banks and other relevant organisations and

ask them to display the guide in their branches and on their websites.

Today’s announcement comes following the delivery of a key commitment in

the Action Plan for Jobs.

Minister Bruton said: “A key part of the Government’s plan for jobs and

growth is not only to ensure that we have new companies starting up, but

also that we protect to the greatest extent possible the jobs in existing

businesses. We are currently undergoing a transition as a country, from the

old, failed economy based on property to a new, sustainable economy based

on innovation and enterprise. This transition, as well as the economic

crisis from 2008, poses challenges for many businesses. The role of

Government in this situation is to act to help businesses manage those

challenges so that the greatest possible number of jobs are protected and

created.”

“What is clear to me as I travel around the country meeting small

business-owners and entrepreneurs is that some small companies are living

day-to-day, concerned above all about issues such as paying wages and

creditors. Business representatives have asked Government to provide a

guide to help people deal with these issues. My hope is that the advice and

assistance contained in today’s announcement will make a difference to

those businesses, help them survive their difficulties, and ultimately

protect and create the jobs we need”.

The Advisory Group for Small Business (AGSB), chaired by Minister for Small

Business John Perry TD, in its Report, “The Voice of Small Business”,

recommended the development and wide circulation of the Guide setting out

the warning signs and encouraging small businesses to ask for help.

Minister Perry said:  “The reality is that within any enterprise structure

there is a constant churn of company formation and closure. Ensuring that

the system is supportive as companies face difficulties, in the current

environment is therefore, vitally important.  It is against this background

that the Government committed under the Action Plan for Jobs to develop a

practical Information Guide - “Managing out of the Crisis”.

Minister Perry added that the publication of the Information Guide “is

continuing evidence of this Government’s efforts to ensure that as many

small businesses as possible can, through accessing the various web-links

set down in the Guide, have the confidence to start tackling any problems

they may have and work their way through them, in consultation with the

relevant service providers. The sooner that businesses spot potential

problems, the sooner they can fix them”.

Minister Perry further said that the members of the Advisory Group for

Small Business had assisted the Department of Jobs, Enterprise and

Innovation in drafting the Guide and had signed off on its publication at

their meeting on Tuesday 19 June. Minister Perry thanked the AGSB members

for their valuable inputs and encouraged all Business Representative

Organisations, the CEB Network, banks, etc. to disseminate the Guide as

widely as possible, by putting it up on their respective websites.

The Guide is also available at:

www.djei.ie/publications/managingoutofthecrisis.pdf