Reportage: Sole searching
The recession has led to an increase in sole traders and with such an array to cater for, insurers are struggling to meet their needs. Louise Meeson explores how brokers can identify and service these micro businesses
While the current economic climate may have whipped up a storm of trouble for many businesses, it has created the perfect hothouse conditions under which sole traders can flourish. As start-up costs are currently lower than they are in boom times, the recession and its aftermath has spurred many people, either out of choice or necessity, to step out on their own and this micro market growth has, in turn, opened up opportunities for brokers.
According to the latest small to medium-sized
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