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New businesses face 'rising costs and staffing pressures'

New businesses face 'rising costs and staffing pressures'

Summary

New businesses on the island of Jersey face rising costs and staffing pressures. Many business owners are tackling these challenges by sharing spaces to lower rent and collaborating with others. The local government is also working to simplify the process of starting and running businesses by reducing administrative hurdles.

Key Facts

  • New businesses in Jersey are experiencing high costs and staffing issues.
  • Business owners are using shared spaces to cut down on rent costs.
  • Jersey's government is looking into why some shops remain empty and aims to make it easier to start businesses.
  • The Economic Development Minister, Kirsten Morel, is working to reduce red tape for new businesses.
  • Owners of different shops, like CocoRico and Alma Sana, have shared their experiences of managing costs by sharing space.
  • Kirsten Morel believes it's easier to start a business in Jersey compared to other places.
  • The government also wants to support retailers and shop landlords to improve the retail sector.

Source Information