Small Business Advice UK

Small Business Advice UK Wide - Expert Guidance To UK SMEs

Small business advice UK wide is absolutely vital to UK SMEs to provide expertise in the specific issues posed by the trading rules and regulations in force in the UK. Probably the most urgent example of this need is in finding advice and guidance to understand the obligations placed on businesses by UK tax laws and regulations. Another example fraught with difficulties is UK Health and Safety laws and regulations. In fully understanding how to be successful in business, a small business owner needs at least a current working knowledge of such issues and where to find information on salient changes.

How To Be Successful In Business And Still Be Compliant

UK business advice is necessary to help small firms to compete effectively with larger companies. As an example, the UK government has made recent changes which are designed to open up government and local authority contracts to smaller businesses. EU changes to tendering processes have also recently come into force in some business sectors. All of these amendments do undoubtedly level the playing field for some SMEs. However, they also introduce a new level of bureaucracy and checks, which has made it very difficult for many small firms to enter the market. Contracting authorities need SMEs to submit to and achieve high levels of due diligence, for instance. These include financial tests and checks on levels of business insurance; as well as compliance with equal opportunities, health and safety, environmental management and community benefit regulations. Big companies can afford to maintain whole departments to prepare tenders; alternatively, they can afford to pay external tendering experts. UK small business advice is needed to help for small businesses compete with these big firms. Similarly, large companies retain qualified health and safety experts to ensure they fully comply with health and safety regulations and are alerted to changes when they occur. Again, SMEs require small business advice UK specialists to help them keep abreast of changes and up-to-date. This advice is necessary if a small company is to effectively recognise where and when the owner must take steps to address key changes in legislation. Only then can the business succeed in its development and growth.

Help For Small Business In UK Urban And Rural Environments

Clearly, then, small businesses can be at a significant disadvantage when trying to compete with their larger counterparts. A small business owner or leader will most likely be an entrepreneur and have an excellent understanding of the business sector in which they work. But they may not have the skills, knowledge or resources to run the other multiple functions necessary to keep a business going and growing. An owner has to deal with regulations and areas such as strategic planning, marketing strategy, development of new markets, sales, new technologies, IT, human resources, payroll and pensions, to name but a few. SMEs may not have the resources to either outsource or employ specialist staff to handle these functions. Indeed, some small business owners might see the handing over of, for example, planning to other people as a loss of control over their business. The provision of help for small business in UK contexts needs to address the development of those business skills that enable business leaders and owners to successfully run and grow their businesses. It also needs to address the differing problems that might be specific to urban businesses, such as high business rates or lack of suitable premises; or rural businesses who might suffer from poor internet service provision or poor transport links. We need to develop help for small businesses in UK regions which address perceived general business skill deficits and also local conditions, in order to remove barriers to business in all areas. Business advice that equips small business owners, professionals and entrepreneurs with skills to overcome such barriers to business are provided by I-Thrive.

I-Thrive Are Small Business Advice UK Based Specialists

I-Thrive is dedicated to helping entrepreneurs and SME leaders to succeed in today's markets. We are a group of dedicated and experienced business professionals who are committed to providing business knowledge, tools and skills that can be applied to all businesses showing owners and managers how to be successful in business. We developed our Small Business Multiplier course to offer small business advice UK wide to companies that they can apply and then see real results quickly. Download our course outline overview, and view our blog which contains further business advice and tips at https://www.i-thrive.co.uk/. Then, contact us via our online form or phone us on 01223 967260.