Accountants 'most effective' business advisers
A new survey has shown that entrepreneurs believe accountants are the most effective source of business advice, ahead of banks and solicitors.
According to research carried out by Kingston University, more than two out of three small and medium sized businesses used accountants for adive and support, regarding them to be far more effective than banks, solicitors, trade associations and SME organisations.
Commenting on the survey findings, ICAEW president Peter Wyman said the report confirmed that accountants’ advice was highly valued by entrepreneurs.
‘Accountants play an instrumental role in helping start-ups succeed and established forms thrive,’ he said.
The report, ‘Who are the Entrepreneurs?’ was carried out by Kingston Unvisersity for mid-tier firm Kingston Smith.