The Business Finance Guide draws on the considerable expertise of its many contributors, who together represent more than a million members in businesses, finance providers and advisory firms and organisations.
With thousands of British start-ups and SMEs turning to online platforms to raise finance, a coalition of major UK business organisations have launched a new digital guide on different sources of investment and professional advice. Led by the ICAEW Corporate Finance Faculty and the British Business Bank, 23 bodies have contributed to the new Business Finance Guide – a journey from start-up to growth. They aim to reach the inbox of one million businesses of all sizes in the UK.
The new Business Finance Guide builds on the success of a 2014 version that reached three quarters of a million companies, entrepreneurs, investors and advisers.
The online version of the The Business Finance Guide includes an interactive tool which will guide you through every stage of the financing journey.
In September 2016, the Corporate Finance Faculty released a translated edition of the new Business Finance Guide in Welsh.
Partners include senior representatives of:
Commenting on the guide, Michael Izza, Chief Executive, ICAEW said:
“Businesses need certainty and that also applies to when they are raising finance. We want businesses to come out of the dark and have their most powerful tool to grow – information and advice. With businesses expected to grow investment by 2.3%* in the next 12 months, getting the right advice is crucial especially as the landscape and sources of finances has changed so significantly. The guide, which has already reached over 750,000 entrepreneurs, enables businesses and their advisors to find out more about the options available to them to meet their specific needs.”
Keith Morgan, Chief Executive of the British Business Bank, said:
“A growing number of finance options have become more established, mainstream and accessible to smaller businesses over recent years, and building their awareness and understanding of those options is a key aim for the British Business Bank.
“That’s why we are delighted to be publishing this new edition of the Business Finance Guide, both in hardcopy and digital versions. We view it as an essential starting point for businesses in finding the most suitable finance for their circumstances and plans to enable them to grow and thrive.”