Recovery advice and useful links for business
Recovery Advice for Business Scheme
The Recovery Advice for Business scheme, supported by the government and hosted on the Enterprise Nation website, gives small firms access to free, one-to-one advice with an expert adviser to help them through the coronavirus pandemic and to prepare for long-term recovery. Thousands of expert professional and business services advisers are on hand to offer free advice until 31 December. Small and medium sized businesses can sign up, take the diagnostic tool and access support. 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.
You can find more information here:
- Coronavirus business support
- HM Treasury guidance
- Department for Business, Industrial Strategy guidance
- London Growth Hub.
Other useful links
Please refer to the links below to obtain information and advice on your business:
British Business Bank
As part of the wider business support package, businesses can find finance options with the British Business Bank in six easy steps.
The British Business Bank is 100% government owned but independently managed. It brings expertise and government money to the smaller business finance markets. The British Business Bank doesn't lend or invest directly. Instead, it works with over 130 partners such as banks, leasing companies, venture capital funds and web-based platforms.
To apply for a loan, businesses will be asked to answer six questions and this will help to generate a list of finance options that could be suitable for that business to consider. You can read about the six questions on the British Buisness Bank website.
Smarter London SMEs launched
Launched by Business Disability Forum, a leading business and disability membership organisation, Smarter London SMEs offers advice on recognising and meeting the needs of disabled customers and employees.
Approximately one in five people in the UK have a disability and the annual spending power of disabled people and their families is estimated to be £274 billion and rising.
Business Disability Forum has launched the service to recognise the vital role played by London’s small businesses as both service providers and employers. Nearly 99 per cent of all London’s businesses are SMEs, employing just over two million people.
Funded through City Bridge Trust’s Positive Transitions Programme, Smarter London SMEs is a free service available to all London businesses with fewer than 250 employees and an annual turnover of less than £40 million. This includes high street stores, sole traders and start-ups.
The service offers:
- one-to-one support from a dedicated small business disability adviser
- access to a SME confidential advice service and tailored SME resources
- networking opportunities
- disability news updates
- help in achieving ‘Disability Confident Scheme’ certification
- use of the Smarter London SME logo.
Parma Sira is small business disability adviser for Smarter London SMEs. He said: “This is an incredibly challenging time for London’s SME community and many businesses are having to adapt at pace.
“We want to offer free, confidential, support to businesses to help them attract and retain disabled customers and staff, and to recognise the benefits disabled people can bring to their business.
“We are already working with a number of small businesses to offer advice on areas such as inclusive communication, recruitment of disabled talent and the disability confident scheme. We want to grow that network to help share learning.”
Business Disability Forum is a not-for-profit membership organisation with 30 years’ experience of working with business to transform the life chances of disabled people as employees and consumers. Its 300+ members employ 20% of the UK workforce across the private and public sector. It provides practical, evidence-based, strategic solutions for businesses to recruit, retain, and provide inclusive products and services to disabled people.