Archive for the ‘David Cameron’ Category

Too small to be noticed. Too important to be ignored.

Friday, June 19th, 2015

That was Napoleon. Rumoured to be 5’2″, his stature was somewhat lower than average. His actual role on the world stage was not diminished in any way by this. He was a giant in French history, thankfully to meet his reckoning at Waterloo. But for the superior allied strategy, Britain might now be under French governance; enjoying 30-hour working weeks, superlative wine and 2-hours for lunch. How we could have suffered.

However, Fredericks plays a similar diminutive role in the nation’s economy. Most of what we achieve is not recognised or appreciated at a national level. Our impact is a mere drop in the ocean of business lending in the UK; a minnow among sharks.

Drill it down to a local, and human level, and we are changing lives every day. Our army of volunteers, our skilled staff, our investors enable Fredericks to equip people to make their dreams a reality. When the world, the banks, the Government, the credit reference companies say ‘no’, and you can’t, you never will, don’t be silly, we delight in saying ‘Yes, we think you can.’

The power of enabling people to start their own business is potent, and drives us to often work exhausting hours and travel endless miles to help people. And our volunteers often do the same for no financial gain.

Our own Waterloo is to be invisible. That is our greatest worry. We need to be more visible on the battlefield for funding, And we cannot do that alone. We would ask everyone who has a relationship with us to shout long and hard about what we achieve; the crucial part we play in the sub-prime lending market, the hope we can give those whose ambitions have been blocked. Tell your friends, your family, your MP, your local authority.

If it is not too much of a stretch, France without their vertically-challenged leader would be a poorer place. The UK economy, without its small band of community funds would be a sadder and less prosperous place. It is time to stand up and say so!

Zero hours contracts

Friday, March 27th, 2015

A zero hours contract. That is pretty much where every budding sole trader and entrepreneur starts. No work, no customers, no money, no sickness pay, no holiday, no pension. Doesn’t sound good, does it?

So why do so many people sign up for their own zero hours contracts? Because the contract is with yourself. There is no work unless you go out and get it. There are no customers unless you pound the streets with your leaflets or blitz social media. There is no money unless you chase up payment of the bills. There is certainly no time to be sick, and nobody to ring up on a Monday morning after a heavy weekend. Holiday is one of those things you will fondly remember until you can generate enough income to pay somebody to cover for you. Your pension may well be the business that you own when you can afford to give up and sell it to your daughter!

It sounds like exploitation doesn’t it? Taking cruel advantage of someone who has not the power to demand a pay increase. But the reality is that the only people who will exploit you will be your customers and your suppliers. You will be in charge of everything else.

This week we funded an exporter of collactables, a burger stall, an interior designer and an Italian restaurant. Four more people on the zero hours contract list, but stepping up to help themselves.