Free Advice for Small Businesses to Help Bounce Back

SMALL FIRMS are being offered free, one-to-one advice with an expert adviser to help them through the coronavirus pandemic and to prepare for long-term recovery.

The Recovery Advice for Business scheme, supported by the government, BEIS and hosted on the Enterprise Nation website is now live.

Business experts, supported by the UK’s major professional and trade bodies, are supporting the government-backed initiative to help small businesses recover and rebuild.

Advice offered will include bespoke, specialist assistance from accountancy, legal, advertising, marketing, recruitment and digital experts.

Small Business Minister Paul Scully said, “We have stood by small businesses throughout this crisis, offering a wide-ranging package of financial support. However, it is also important that business owners get easy access to expert advice and support.

“It is incredible to see so many professional advisers stepping up to do their bit for small businesses across the country. This advice platform will help to boost our recovery from the impact of coronavirus, giving small businesses extra support to adapt their business models and come back fighting.”

Each adviser has offered at least one hour of free advice a month until the end of 2020 which could deliver a lifeline to thousands of SMEs looking for support.

The Chartered Institute of Personnel Development (CIPD), the Institute of Chartered Accountants England & Wales (ICAEW), the Advertising Association, the Law Society and the Management Consultancies Association (MCA) are among the professional bodies to have signed up for the scheme.

How it works

Participating businesses will be directed to the scheme on the Enterprise Nation platform via the GOV.UK website and other business support channels.

Businesses will then be asked questions on the ‘Make a Plan’ diagnostic tool. This will allow Enterprise Nation to assess and identify both the level and specific areas of support needed.

They will then be directed to a personalised dashboard where they will receive a detailed action plan which will include links to suggested tailored advice and relevant professional advisers willing to help.

Advice will focus on key areas:

  • accounting and finance
  • people and building a team
  • planning, strategy and pivoting
  • marketing, PR and social media
  • Technology and digital tools

Over 12,000 advisers in the existing Enterprise Nation community are available to provide advice through the platform, with more new professional advisers being signed up specifically to support the scheme.

The scheme is open to small businesses and expert advisers throughout the UK.

The programme ends in December 2020.

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