Thames Valley lawyers, Charles Lucas & Marshall say small businesses are spending too much time on administration and feel swamped by the volume of regulations they have to comply with.
Rupert Wright, a corporate lawyer at Charles Lucas & Marshall, says the over-riding and consistent message from small to medium sized business clients, is that they feel overwhelmed by a ‘compliance-led’ environment which consumes too much of their time.
“More businesses feel under pressure to appoint compliance officers or add to their administrative capacity – and yet these are not productive roles,” says Rupert Wright. “There are so many hoops businesses have to jump through which are a distraction from their main business.”
In recent years, businesses have had to accommodate legislation in areas such as employment, the environment and health and safety. This has created growing pressure with businesses often feeling they do not have the resources to deal with the quantity of regulation.
“Appointing people to deal with responsibilities in these areas is expensive,” added Rupert Wright. “Often they are appointments at a senior level and remuneration has to reflect this.
“As lawyers we can hold our clients’ hands to some extent and yes, there will be fees involved, but it is invariably more cost effective than appointing full-time personnel.”
For further information contact Rupert Wright on 01635 521212 or firstname.lastname@example.org
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