Small firms are an important part of the UK economy, according to one expert.
In a letter to the Financial Times (FT), Graham Russell, chairman of UK Business Incubation, claims that just because a small firms stays small does not mean it will not contribute to the economy.
He says that there are two sorts of start-up firms, those that expand and those than do not.
"Both are important, and it is important that government agencies encourage both," Mr Russell states.
His comments come in response to an article by Luke Johnson in the FT which claimed that only small firms which go on to be "super-successful" are of any worth to the UK economy.
Mr Russell dismissed the claims adding that small companies "in aggregate are an important part of the economy".
Yesterday, the Federation of Small Businesses urged the government to commit to awarding 30 per cent of all state contracts to small firms.