Small Business Saturday A Step Closer
Initially an Amercian idea, Small Business Saturday (SBS) is an initiative to promote interest in small businesses. In the USA it has mainly focused on the retail sector.
The Shadow Business Secretary had seen the success of the US initiative and said that it was a “no brainer” to stage a British version. Across the pond the last Small Business Saturday generated an additional $5.5 billion dollars of revenue for small retailers (Approximately £3.5 billion)
Speaking back in April, Mr Umunna said he wanted people to actively celebrate, champion and showcase the UK’s independent small businesses.
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