The Irish Hairdressing Council has joined the campaign to support the National SME Recovery Plan. This is a plan to help recover the small business sector and ensure that employment is sustained across all industries.
Government must show solidarity with small businesses here, by agreeing on a comprehensive recovery plan for the SME sector worth €15bn, including compensation for losses.
While we have always welcomed the suite of additional measures announced by the Government in recent weeks as a welcome first step. More needs to be done.
SMEs in Ireland, including hairdressers account for 99% of active businesses, 65% of employees here and two-thirds of tax revenues and as such need to be seen as central to the economic recovery, particularly in regional and rural areas.
Government must recognise that SMEs are vital and we require a bailout and need to see a boost to demand following the crisis.
Sean Taaffe, President of the Irish Hairdressing Council claims that forcing SMEs to take on more debt will only delay inevitable problems for many businesses and a compensation fund to help companies is therefore needed.
Among the members of the SME Recovery coalition are Retail Excellence Ireland, the Restaurants Association of Ireland and ISME.
We encourage all of our members to visit SMERecovery.ie and sign the petition and support the SME Recovery Plan.