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>
|
|