Small Businesses to Receive £2,000 for Free Advice Under New Scheme
Any business at the UK is likely to get £2,000 for purposes of spending on business advice that is professional from an Accountant who is registered with ACCA in a new initiative by the government which is facilitated by the nation of the Enterprise of small businesses.
The Department of Business Innovation and Skills (BIS), Cabinet Office and other organizations are responsibly for jointly running the growth voucher project which will have close to 15,000 small businesses obtain a maximum of about £2,000 from the government for the purposes of seeking professional support and advice in five crucial areas that include: sales and marketing, leadership and management, employment relations, accessibility to finance and how to get the best from digital technologies.
According to Glenn Collins who heads the technical advisory committee in the UK for ACCA, he said that this initiative is intended for those businesses that have got 50 employees or less. As opposed to simply dishing out money to these businesses, the growth voucher project is responsible for linking funds to the valued advice received from professionally qualified accountants who are especially required by the small businesses as they seek for growth whether through finance accessibility, assets exploitation within these small businesses or otherwise looking for new emerging markets.
Since the scheme’s inception, ACCA has constantly been working with BIS and is among the founding professional bodies that offers a market place for the growth vouchers where any business that is receiving a voucher will be assisted in looking for advisors with whom voucher spending can be done.
The True professionals
This scheme of the Growth voucher has made safeguards for ensuring that the advice and support which small enterprises obtain from this project is sourced from qualified professional accountants. Glenn goes on to explain that this advice has to come from an accountant who is professionally qualified as that from ACCA and this ill therefore mean that small businesses will feel safe knowing that that accountant who is giving the business advice has passed through a thorough professional exams and has gained experience in working as a practicing accountant who is bound by ethical codes and conduct thereby the business will meet high worldwide standards.
- Majority of the Governance Professionals Oppose Increase in FRC Powers
- Monitoring Group Declares Widespread Support for Reform of the Audit Standard Setting Process
- PCAOB sanctions former Senior Partners of Deloitte Turkey over altered documents
- ACCA Signs MoU with the CFA Institute
- Australian Bank to Pay Fine Amounting to A$700m for Not Complying with Money laundering and Counter-terror Financing Laws
- Deloitte Partners Face Formal Complaints by FRC over Autonomy Accounts Scandal
- Homebase Purchased for £1 by Hilco from its Australian Owners