Together, we'll fix what's hurting small businesses
We will strengthen small businesses in Israel. Fewer forms, less regulation, more certainty, and more growth. We will enact a permanent and automatic mechanism to compensate businesses and their employees in national emergencies. We will ensure a real safety net for the self-employed and grant them social rights.
What's the problem?
Small businesses are a key component of the Israeli economy, but despite this, business owners are forced to deal with burdensome paperwork, regulation and uncertainty instead of investing in developing their businesses and job creation.
In times of crisis, the self-employed are left without an adequate safety net and are required to continue bearing expenses even when their income stops. Assistance mechanisms are not fast or dependable enough.
Even in normal times, small businesses have difficulty obtaining credit and face high financing costs and barriers to growth. The state makes it difficult for those who choose to open and build a business and employ people to do so. We will fix that.
What's the solution?
We will create a business environment that allows small businesses to develop, invest and grow. We will work to reduce bureaucracy and regulation and improve the interface between the state and the business owner so that it is simpler, clearer and more efficient. Fewer barriers and more certainty will allow business owners to focus on growth.
We will strengthen the safety net for businesses and the self-employed in both regular times and emergencies. We will push for rapid compensation mechanisms during a crisis, a safety net when economic activity is stopped and the expansion of the social rights for the self-employed.
We will expand financing and credit options by increasing competition and reducing financing costs. There will also be tailored pathways for start-ups as well as reservists’ businesses.
How will you know we've succeeded?
More new small businesses
An increase in the number of new small businesses opening in Israel, and a decrease in the number of small businesses closing.
A safety net for the self-employed
Every self-employ person in Israel will have a safety net both in normal times and times of emergency.
Together, we'll fix what's hurting small businesses
01
We’ll eliminate unnecessary bureaucracy
We will simplify the way business owners deal with the state and reduce unnecessary forms, reports, and requirements. We will expand the ‘very small business’ reform and put into place principles for regulation that are tailored to small businesses. Less time dealing with the state and more time for business management and growth.
02
Creating a safety net for the self-employed
For both normal times and emergency situations, we will create a support system for the self-employed and small businesses. We will promote rapid and automatic compensation mechanisms in times of crisis and expand social protections for the self-employed, including in cases of illness, bereavement, and cessation of business activity. Anyone who takes a risk, establishes a business, and contributes to the economy should know that the state stands by them in every situation.
03
Open up the credit market for businesses
We will work to utilize the full potential of the business credit data database and increase competition between banks and other financing entities. We will expand credit options, promote the reduction of financing costs, and strengthen financing channels for start-ups and reservists’ businesses.
04
Encouraging entrepreneurship and growth
We will create the conditions that allow a small business to move from the survival stage to the growth stage. We will simplify the process of starting a business, remove barriers to expansion and taking on new employees, and strengthen tools that help young businesses survive in their first years. More new businesses and more jobs for people.
Questions and Answers
Another form, another report, more wasting time with the state instead of dealing with one’s customers. We want to tighten interactions between the state and business owners, reduce unnecessary requirements and let small businesses focus on business and not bureaucracy.
A business owner is dealing with both a decline in income and ongoing expenses. We will establish a permanent and rapid mechanism that will provide impacted businesses with real-time assistance and compensation, together with providing a safety net for the self-employed.
An employee is entitled to sick days. The self-employed, on the other hand, must choose between continuing to work when sick and stopping business operations and losing income. We will strengthen social protections for the self-employed, so that illness or a personal crisis does not turn into an economic crisis.
The state asks the citizen to leave their business behind and serve, but his business continues to have to pay its bills. We will create a support system tailored to the needs of reservists’ businesses that will allow them to protect their business even while they are protecting the state.
It’s not just the business owner who loses income. Employees lose jobs, suppliers lose customers, and the state loses economic activity and revenue. Therefore, preserving small businesses is an investment in the entire economy.
