SMEs turning to accountants for business expertise

Accountants are becoming increasingly thought of as general business experts
by small business owners, according to a new survey by
Venture Finance.

The survey found that more than two thirds of small business owners would seek
help from their accountant when experiencing problems with their bank.

Entrepreneurs said accountants are someone they would turn to when facing
difficulties such as switching accounts, overcharging or poor customer service.

Steve Websdale, director of Venture Finance, said: ‘It is in the interests of
the whole of the UK to ensure that they can succeed and they need affordable,
reliable banking services to do so. In light of increasing financial options
accountants are increasingly expected to play the role of protector and guide.’

Further reading:

SMEs told to wait until December for HMRC bonus

SMEs demand strategic help from accountants

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