SMEs (Small and Medium Enterprises) plays a vital role in the economic development of a country. Number of SMEs in UK are crucial for the country’s economy, especially after Brexit. If the country cannot attract the businessmen, its economy can fail, and they have to reconsider their decision of Brexit.

The countries where the environment is not friendly for the SMEs cannot grow. Many countries tried to limit the SMEs failed in their attempt. The biggest example of this was the Soviet Union. Limiting the SMEs was one of the reasons behind their fall.

Investment security

Before investing in any country, the businessmen analyse whether their investment will be secure in the country or not. That is why they don’t invest in the countries who are facing the security crisis. Whenever there is a security crisis in a country, the investors and the businessmen shut their businesses and leave the country to find another peaceful country.

When a business person is unsure whether his investment is safe or not, he doesn’t invest in the country. That is why SMEs don’t prefer the African and many Middle Eastern countries as they have many security concerns.

The businessmen who want to do business in the United Kingdom don’t need to worry about this problem as the country is much safer than most of the countries in the world. Even after Brexit, the country is ready to provide a much safer environment to attract investors.

Economic growth

When a businessman has the money to invest in a country, he thinks of its economic growth. If the country has good economic growth every year, businessmen don’t hesitate to invest in those countries. England’s economic growth is also much better than most countries globally, and it is stable from the decades.

The political stability in the country

England is a democratic country whose Government is stable, and no one doubts about its political stability. It is not like Myanmar and many other countries where a political government can be thrown out with a single Army Chief order. The army dictators usually abrogate the constitution. When the constitution of a country is abolished, the businessmen don’t feel secure.

Many businessmen avoid those countries where a dictator can abolish the constitution and keep everything in his control. The businesses don’t invest their money in those countries. That is why many businessmen from almost every country prefer England for starting SMEs. That is the reason even Brexit didn’t dramatically affect the number of SMEs in UK. For more information visit our Website