More than one in ten (12%) of the UK’s small to medium sized enterprises (SMEs) say that difficulties in accessing business advice and information create problems for their businesses. The percentage rises to 15% amongst firms that identify themselves as the most innovative and growth oriented. The finding comes from The Quarterly Survey of Small Business in Britain, produced by The Open University (www.open.ac.uk/quarterly-survey) with support from ACCA (The Association of Chartered Certified Accountants) and Barclays Business Banking.
The report examines the current state of business advice and information in the wake of radical changes in government-funded business support, including the restructuring of Business Link as an online resource, the closure of England’s nine Regional Development Agencies and the emergence of Local Enterprise Partnerships (LEPs).
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