Link: Budget 2003
The move comes as one a raft of measures to help SMEs identify their training needs and puts accountants at the heart of a campaign to support small businesses.
Headed by the Department of Trade’s Small Business Service, the project will also work with banks to identify the best support for SMEs.
The project emerges from a clear concern about the way SMEs access funding for their ventures.
The hope is to develop a US style Small Business Investment Company – which produced companies that have since gone on to become big names in business.
Sir David Cooksey, chairman of the Small Business Investment Task Force, said: ‘Household names such as Federal Express, Apple and AOL benefitted from initial investment by US small business investment companies and we are determined to replicate this success for small growing businesses in the UK.’
The Government and Accounting Working group will work specifically on helping accountants to provide SME clients with the right finance and training options.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016