Category Archives: Liberal

SMEalliance v Parallel Universe.

I was think this morning (actually I was dreaming it as well) about this bizarre situation we have of parallel universes. It’s a situation now so blatantly obvious between SMEs on the one hand and banks, regulators, authorities on the other, that we seem to talk an entirely different language and have an entirely different thought process. A very good example of this is the Lawrence Tomlinson report into RBS/GRG vs the Clifford Chance report. Clearly the two camps are not on the same planet and not writing about the same problem. Or, worse still, Clifford Chance looked at the problem and then interpreted their findings according to the laws of Klingon or the Disc World. Question – which camp is run by aliens?

I would say it’s not us, the SMEs (well I would say that) but I have good grounds for that assumption. We, the many SME owners and employees, have no option than to deal with very real, down to earth problems and situations. Given the many and varied ways banks have tricked, manipulated, defrauded, deceived (call it what you will) the SME sector, many of us, and I can say this as a fact, have problems making budgets stretch to the next day. The concept of what tie to wear to the next Mansion House dinner or what colour Merc to order next year, is totally immaterial to our lives.  We are very ‘grounded’ and we are determined to bring about change, so we don’t end up ‘under-grounded’ before our time.  And of course that is not a scenario that applies just to SMEs – the majority of people in this Country have been affected by the extreme austerity the so called ‘credit crunch’ caused.

So it’s been interesting to see some of the top people from the parallel universe, running around like headless chickens for the last few weeks because they were suddenly forced to face the fact that ordinary people count. I’m talking about the Scottish referendum of course. Even although the ‘No’ vote won in the end, it was a sharp wake up call to “all in it together” Dave and Ed & co, when the Scottish people made it blatantly clear they were sick of a Westminster dictatorship. And although I personally think it would have been a mistake to split the United Kingdom, I do think Alex Salmond and his team may have done everyone a big favour. They’ve made a point – if you want to stay in Government you’ve got to do what it says on the tin – or we’ll walk.

For a very long time now, what we’ve had between Government and people is “a failure to communicate.” And it’s become so out of hand most politicians fail to understand even the most basic problem i.e  we vote them into power based on promises made which will benefit the majority and then, when they’re in power,  they break almost every bloody promise in order to benefit the tiny minority living in the parallel universe which encompasses that tiny dot of Britain in central London to include Westminster and the City.

I don’t want to get involved in the pro’s and con’s of Scottish devolution – I’m not Scottish – but I was quite fascinated by the lengths our political parties went to to keep Scotland. Of course the proof of the pudding is in the eating and, in my humble opinion, what will follow now is a battle, the likes of which we haven’t seen for quite a few years, while Scotland insists Dave keeps his promises and the rest of the UK wonders on what grounds Scotland gets preferential treatment – when half of them didn’t want to be part of Britain in the first place? It is going to be very interesting.

Anyway my point is – Scotland has 5M+ voters and the thought of losing them caused many people from la La Land to become quite apoplectic. Suddenly they listened and suddenly they agreed to the need for change. I can’t help feeling this was more about economics than people but, whatever, it brought our aloof elite back to earth for a while. How long they will stay – who knows. But there’s a good chance they’ll be here en mass for the next 9 months.

It took the SNP years to build that momentum and some may feel it is entirely presumptuous to compare SMEalliace to the SNP. But you’d be wrong – every organisation looking for change via our democratic process is similar to the SNP. Our problem so far has been – only money has been having political influence – not people. SMEalliance may be at totally grass root level and we are absolutely a fledgling initiative – but we want change every bit as much as Scotland does – and we want to be listened to every bit as much as Scotland does. And I hope we will grow very quickly as an organisation – because we could potentially reflect the views of millions of people – and some of them Scottish. And no, we can’t vote to get out of Britain (well I suppose we could form a convoy and head for the Costa Del somewhere) but we could vote for the party that listens to us the most – which was always the basic idea behind SMEalliance – we want to raise our voices before more SMEs are brutally trashed.

And here’s a thought running up to the election – if the 4.9M SMEs in this Country were able to function efficiently and grow as the entrepreneurs who started them intended, instead of being continually crippled – and not just by banks – the impact we would have on the economy would be phenomenal. We would be a huge asset to the Country and we would shift the balance of power back from the parallel universe to the real world.

Now I know a lot of people won’t like that idea. But it’s called democracy and if we could identify the political party who would give it a shot – we could be a handy vote.

 

 

 

 

SMEalliance up and running

It’s been a busy week and I still can’t believe that two weeks ago SMEalliance didn’t exist. It certainly does now! Obviously it’s still early days but here’s a brief update of where we are:

We have a company .

We have a domain name smealliance.org.

We have a logo (to be unveiled next week)

The website is being built and should be up and running by the end of next week.

We have a meeting confirmed for 25 people on 24th September at 1.00pm (the venue will be confirmed early next week but if it’s not Chancery Lane it will be within walking distance of Chancery Lane)

We have supporters who can’t make the meeting but are on board.

We have media interest.

Not bad progress for 12 days work.  But I am fully aware we are at the very beginning of something and what we want to achieve will not be easy.

I’ve been repeatedly asked over the last few days, the very obvious question, what will make SMEalliance different from any other organisation that supports SMEs. And I want to say straight away, we haven’t formed this group as a criticism against other organisations.

However, there are serious issues for all SMEs that clearly are not being dealt with or resolved. As these are issues that affect SME owners, shareholders, employees, it makes sense for us to try and help deal with them ourselves and alongside existing organisations. After all, who knows the problems we face better than us? And please note – SMEalliance is absolutely not just about banks – so we are not going into competition with Bully Banks or anyone else – in fact we have a meeting scheduled with Bully Banks and I hope we’ll have meetings with the FSB in the future.

As I said on Day 1 of this initiative – there are 4.9M SMEs in Britain and it is absolutely ridiculous that we are ignored by all the major political parties. They may say they don’t ignore us but the proof of the pudding is; no one is doing anything about the way banks continue to trash SMEs and steal their assets; no one is enforcing the conditions banks agreed to as part of the bailouts (i.e funding for SMEs); no one is looking at the abuse we suffer at the hands of the insolvency sector; no one is looking at the inequitable position we are in with the justice system (i.e first we get abused and then our abusers use shareholders money to make sure we can be abused again in the Courts); we are crippled with red tape and regulation while the major corporations SMEs struggle to compete with, are often not even paying UK taxes because they’re registered off shore; the various Ombudsman schemes are not set up to deal with SME problems; the regulators are not set up to deal with SMEs (e.g the FCA does not deal with individual issues but the FOS can only give limited compensation which doesn’t cater for SME losses); and so on and so forth.

The reason for SMEalliance is: we, the members (the few now and the many coming) are all very aware of how important SMEs are to society but also how individually vulnerable we are against the kind of unethical practise that blights the business community. Many of us started businesses with all the enthusiasm and dedication synonymous with entrepreneurship and with no idea how easy it would be for rogue elements of other sectors to see us as mere cannon fodder. We all employ (or employed) people and we know first hand the devastation caused when businesses fail because of immoral and sometimes fraudulent scenarios we have no control over. I think we’ve been collectively shocked that the protection we thought we had – regulators, law, Government – has, in many cases, proven to be totally ineffectual. Many of us have watched in horror as our businesses have been destroyed despite our every effort to save them. We’ve all tried individually to stop the kind of corruption and “wilful blindness” that makes SMEs such easy prey. Now we’re going to do it collectively. Who better than us to try and help remedy the problems facing our sector?

SMEalliance is a very simple concept. SME owners, shareholders, employees getting together to share idea’s and information that will help us all. And, most of all, having a collective voice that policy makers in Governments have to listen to. I’ll put that another way because a) “HAVE” to listen suggests we have a very aggressive agenda and b) as we all know, selective hearing or pretending to listen (nodding dog syndrome) is a speciality of some politicians. We want to get to the point where political parties genuinely WANT to listen to us and genuinely want to use our experiences to identify what needs to be changed or put in place for a more equitable platform for SMEs. It can only be a good thing for the economy to make the SME sector strong.

It’s a plan. It’s a very good plan. Now we just need to make it work! As I said, it’s early days but something about this does feel very logical.

That’s it for now. Anymore and someone will be buying me a soapbox! Will update again in the week. Please spread the word. #SMEalliance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1st SME Alliance meeting fully subscribed.

Brilliantly we have filled the spaces available for the first meeting of SME Alliance. Many thanks to those who have also pledged support – we will keep them fully updated on the agenda and, of course, the results of the meeting.

While we don’t have any more space for the meeting, please do keep contacting us on: smealliance2014@gmail.com if you want to support this initiative and get updates. It’s early days but who knows? After all it is logical – approx 25million people work for the  4,9 million + SMEs in this country. But in recent years we’ve been like lambs to the slaughter as far as the bamks have been concerned and successive Governments have done nothing to stop what’s happening. Bankers may well control the wealth of the country but they’re not (quite) brazen enough (yet) to pretend they have more power than politicians and Governments.

A journalist asked me today why we are putting together this initiative – and then answered his own questions. The organisations that are in place don’t seem to have been at all vocal about the many problems SMEs face. Most of them have been silent and stood on the sidelines.

As my mother used to say – “if you want a job well done, do it yourself.” That’s what SMEalliance intends to do. This isn’t just about fighting banks. It’s about asking how 25 million people, who are the life blood of British business, can be totally ignored?

We have no more space for the first meeting (which is amazing given we only came into being a week ago) but we do need the support of as many SME owners and employees as possible. A few thousand supporters between now and the general election next year, may just remind people what an election is about?

 

 

 

 

 

 

 

 

re: SME Alliance

Quick update for all those who supported the idea of an SME Alliance to get some political support (in exchange for a potentially massive vote). I was quite amazed at how many people wanted to get involved – a very positive start.

Today I have spoken to Jon Welsby who is happy to organise a meeting place. So far the suggested dates are either 17th or 24th September. Please let me or Jon know which of the two dates (if either) are good. The meeting will be in London at a barristers chambers (start how we mean to continue)!

I just wanted to make one thing very clear. My intention, when suggesting this, was never to compete with other organisations like Bully Banks who help SMEs fight banks – and I hope Bully Banks and others will want to get involved. Also, although we do have the support of the excellent Nick Gould who is a lawyer, this initiative was never about legal advice or solutions and no lawyer could advise 4M SMEs! Neither is is about our individual cases – although I envisage we may want to collate our collective experiences in the future in order to fully exhibit how Government and the regulators have allowed SMEs to be mugged (I tried to think of a more politically correct description – but the word mugged seemed most appropriate).

The overriding objective of an SME Alliance is to point out what is, quite frankly, the beedin’ obvious: There are 4.9M SMEs in Britain (at least); Approx 25M people work for SMEs; we are crucial to the British economy and British society; we have been ignored. We are fed up being ignored and while, individually, Governments appear to have no interest in us, collectively we will have a very loud voice – and we will represent a very large vote.

Many of us have been totally abused by banks and, sadly, we have all had to come to the conclusion we can’t rely on any authority to protect our interests or the interests of our employees or shareholders – which is madness because we are the life blood of British business. And while we obviously can’t lobby or compete with the multi-billion pound banks or corporations in a financial sense, we have something they don’t have – numbers and voters. And running up to an election, I think it’s entirely possible that the votes in the ballot boxes will be every bit as important as the ballots in the board rooms.

I should know by the beginning of next week, which date is best for our first meeting and who will be attending. And BTW – I am organising this at the moment (I always knew my bossy side would have its day) but that is only until we decide how best to go forward and who best to take this forward.

I am incredibly enthused by the idea we could collectively bring about change for SMEs – not sure our political leaders feel the same. I tweeted the letter to Ed, Dave and Nick today. No replies – but then again, we haven’t even reached the end of Day1.

Watch this post – will do an update every time we have news.  All ideas and contacts gratefully received. Spread the word. #SMEalliance