The country's tax system should be simplified in the next Budget, according to one expert, in order to support smaller scale businesses.
Sara Lee, a spokesperson for the Federation of Small Businesses (FSB), believes that it also vital that companies are given more opportunities to gain access to credit.
She said: "Access to financial credit would be of the greatest benefit.
"SMEs [small and medium-sized enterprises] are looking at cash flow and taking more staff on. In the recovery phase, they will need to borrow to do that."
Meanwhile, the previous government's plans to create a Small Business Credit Adjudicator may have been a step in the right direction, Ms Lee feels.
Such a body would enable firms, which might include UK contractors, to appeal lending decisions, the expert suggested.
The FSB last week noted that proposed government plans to set up a national loan guarantee scheme may prove beneficial.
Posted by Susie Cho.