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Government Invites Discussion For Economic Growth

Yorkshire business man, Andrew Miller, has a plan for economic recovery and the Department for Business, Innovation and Skills want to learn all about it!

Feb. 27, 2013 - PRLog -- Andrew, who owns business recovery company Arm Coaching, will meet Vince Cable's team to discuss how his recent research can be used to help influence government policy for economic recovery.

Government learnt of Andrew’s work through his recently published book ‘Hope Won’t Pay the Wages’; which tackles business failure and the associated personal shame plus the damage to the economy through first-hand accounts from entrepreneurs who have experienced insolvency.

Andrew’s book explores the notion that our nation’s entrepreneurs are left so demoralised through the stigma and shame of business loss that their road to personal and commercial recovery can take a maximum of two years. Two years out of contributing to building the UK economy through employing, paying taxes and trading.

Failure isn’t a concept we like to consider in the life cycle of a business but it can and does happen. Andrew Miller, the author of ‘Hope Won’t Pay The Wages’ has first-hand experience of failing businesses. His background in insolvency led him to write a book in what is the first ever book to deal with the personal impact of a failing business; drawn from those who have experienced it.

The book is based on reality not theory. It’s the first step in trying to change corporate practices and is the product of entrepreneurs’ own experiences. Touching on the corporate culture of the UK and its view that business failure is personal failure; the book provides a priceless insight into entrepreneurs’ experiences. How long they were in denial for; what they would have done differently at critical times; how they survived the process with their mental faculties intact; and how they got back up and running again afterwards.

Andrew says: “This book could save an entrepreneur’s sanity, limit the damage to their relationships, help them make a decision sooner and more importantly keep them focused to allow speeder re-entry into the world of business.

“When you’re successful you have all the help you need – at a cost. When you are in a downward spiral of business failure there is no help, just people following a process ensuring you reach the bottom quicker. What is better; an entrepreneur down on their luck or one back on their feet  manufacturing, employing, creating supply chains, supporting local economies, creating money, paying taxes and keeping the economy moving?”

Andrew Cawkwell, board director at Turnaround Management (UK) says: “I work directly with directors facing financial difficulties and am in constant contact with other professionals looking to help them. I instantly recognised the relevance of what Andrew is trying to achieve and that he has identified an area of the turnaround industry where support is virtually non-existent; the personal element.”

“Business failure isn’t the issue, it’s the process to recovery and without our entrepreneurs back on their feet quickly how can the UK economy grow and recover?”

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