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837877
registered interest false more like this
date less than 2018-02-06more like thismore than 2018-02-06
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Advisory Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the trends in the provision and efficacy of business advice by the financial sector to (a) SMEs and (b) start-up companies since 2008. more like this
tabling member constituency Vale of Clwyd more like this
tabling member printed
Chris Ruane remove filter
uin 126907 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-02-20more like thismore than 2018-02-20
answer text <p>The financial sector provides essential advice, support and guidance to both start-up and growing companies. It is for SMEs to choose the sources of advice best-suited to them. For many businesses this will be their accountant and three accountancy bodies (the ICAEW, ICAS and ACCA) offer a Business Finance Advice scheme through which businesses can receive expert advice on start-ups, finance and business planning.</p><p>The ICAEW in collaboration with the British Business Bank and a wide range of partners from the finance industry and business community have created the Business Finance Guide, which provides relevant and up-to-date information on business finance options. This is widely publicised through both public and private sector advisers.</p><p>Once an entrepreneur has identified the type of finance they are seeking, the Better Business Finance service from trade body UK Finance enables them to find a suitable provider and the website Business Banking Insight provides information on quality of service, which is particularly difficult for SMEs to determine. All of these services have been developed since 2008.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p>
answering member constituency Burton more like this
answering member printed Andrew Griffiths remove filter
question first answered
less than 2018-02-20T14:51:22.033Zmore like thismore than 2018-02-20T14:51:22.033Z
answering member
3936
label Biography information for Andrew Griffiths more like this
tabling member
534
label Biography information for Chris Ruane more like this