When public sector and possibly other grants (not loans) for SMEs are available, they should be easy to find. Currently they are anything but... A one stop webpage that makes it crystal clear what grants are available, to who, and for what, would save SMEs time, money, effort and frustration. You could then do the same for loans, but please don't mix them up.
The vast majority of small businesses are micro-businesses. All government small business initiatives are not only aimed at larger businesses but positively disadvantage micro-businesses. What is needed is for BIS to understand that micro-businesses are very different to small businesses (those with £2 - 10 million turnover) and start thinking about how to incentivise micro-businesses. Hint: Their biggest need is to ...more »
BIS should provide the public with details of regulated bodies who can provide advice. I am finding that many individuals are now arriving at my door looking for advice after they have gone through an advice centre or similar who may be good at advertising on the internet but are not insured and not independent, and worst of all do not give the correct advice
Instead of the Government providing the Big Banks with yet more finance to improve their balance sheets and bonuses or trying to develop new banks we should enhance the local community based finance provided by CDFIs particularly for small businesses.
If you run a business, how easy is it to find the help you need; what are the barriers and how could they be overcome?
I have tried repeatedly to take on an apprentice in this 300year old craft yet can get no help. I have plenty of work and would welcome some financial support. I have individuals interested.
Dear all We wanted to thank you all for the contributions to our work on helping to assess how we can better organise the business landscape to directly benefit small and medium sized businesses. We are very grateful for your inputs, which were immensely helpful. The top 6 ideas, receiving the highest votes were: 1. Advice on grants for SMEs (24 votes) 2. Local Enterprise Agencies should be given a bigger role ...more »
The most logical place to find business advice and guidance is surely your local Chamber of Commerce. These organisations are both local in their availability and knowledge yet also have a regional, and through the British Chamber of Commerce, national influence, coverage and voice. The Chamber is ideally placed to provide networking opportunities galore and business support for both new and growing businesses. The ...more »