Why do we make it so incredibly difficult for someone with a good idea and a bit of grit to actually start and run a business? It feels like every other week there's a new form to fill, a new regulation to decipher, a new box to tick that seems designed purely to create jobs for compliance officers. It's utterly baffling.
My proposal is simple: a radical simplification of business regulations, especially for SMEs. We need a single, unified portal for all registrations, licenses, and compliance requirements. Think of it like a one-stop shop, but for setting up and running your business, not buying a tin of beans. We could start by creating a tiered system, where the regulatory burden scales with the size and complexity of the business. A sole trader selling handmade crafts online shouldn't face the same hoops as a multinational corporation.
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Mock the policy. Not the person. Community principles →
For example, a simplified portal could inadvertently hide crucial health and safety regulations that prevent accidents, or make it harder to track emissions for businesses that might not be SMEs for long. We need efficiency, but not at the cost of people or the planet.