Developing the Business Finance Guide in the 2020s
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.
In response to the global Covid-19 Crisis in 2020, ICAEW and the British Business Bank have updated the Business Finance Guide.
ICAEW and the British Business Bank have been working together to develop the Business Finance Guide since the two organisations first launched it in 2014. Since then, it has reached – in print and online – more than one million entrepreneurs, advisers, investors and lenders.
Another 20 organisations have supported Institute and the bank in producing the guide – including a comprehensive online version that features interactive tools, case studies and videos.
In response to the global Covid-19 Crisis in 2020, ICAEW and the British Business Bank have updated the Business Finance Guide so that it now includes even more information about managing cash and working capital in these turbulent times. The new content has been designed to help companies to meet financial challenges resulting from the crisis.
There’s also new guidance about preparing financial projections, and when to find an ICAEW chartered accountant who can assist with loan applications, tax-related matters and business recovery.
The 2020 update complements work by experts across ICAEW with UK government ministers and departments, as well as with the Bank of England and the British Business Bank, to support and improve emergency measures for businesses and employees, as well as ICAEW’s ‘Coronavirus’ hub.
The Business Finance Guide is a significant part of the Institute’s public-interest remit. It’s been developed by David Petrie, Katerina Joannou, Shaun Beaney and Marc Mullen in ICAEW’s Corporate Finance Faculty as a comprehensive, free, interactive online resource. Keith Morgan CBE, Chief Executive of the British Business Bank, is a member of the Corporate Finance Faculty’s board.