The vision of the SBS is for the UK to be the best place in the world to start and grow a business. Its purpose is to build an enterprise society in which small businesses thrive and achieve their potential. The objectives of the SBS are to:
Be a strong voice for small business at the heart of Government—ensuring that Government are aware of, and responsive to, the needs of all small businesses;
Strive for a regulatory framework which minimises the burdens on business;
Develop and maintain a world-class business support service to enhance businesses' competitiveness and profitability; and
Champion the importance of entrepreneurship across society, particularly in under-represented and disadvantaged groups.
In relation to the 2001–02 year the SBS has a target to:
Put in place a set of actions for reforming the regulatory environment for small businesses by March 2002.