Businesses can gain access to a vast array of support and information in order to guide them when starting up a new enterprise. Some examples are Government Organisations, Trade Associations and Business Links.
A trade association is designed to safeguard the interests of its members in a particular industry. These associations exist within various industries and all work for the interests of their members. Members usually pay an annual fee. The association will provide advice, often legal advice, to their clients along with other potential services (advice with HR matters etc). Trade associations also negotiate changes to the law or national policies with governments in the interests of their members.
Business Link also provide businesses with support services. This is a national organisation and has offices throughout Great Britain. Business Link can also help with the writing of a business plan. Furthermore, they provide training services. They also specialise in European Union regulations which pertain to the production of high quality goods and services.
The Institute of Directors also provides support services to businesses. They range from advisory services, training, to information provision and release of publications, this institute has contributed to lending a voice to the government in matters concerning it's members.
Chamber of Commerce are located across all areas of Great Britain with representative members from various industries. This organisation seeks to provide the best opportunities for members and can liaise with the central and local governments, to provide grants and training support for businesses.
The European Union is the international body which regulates its member states all across Europe. Great Britain is a member which automatically entitles businesses within the United Kingdom to benefit from the services and information which the European Union can provide.
Organisations like Business Link provide businesses with the opportunity of accessing the European Funds in supporting their enterprise.
Private support services are available for enterprises and these include:
- Communication Services - providing telecommunications, mobile, postal and internet, advertising and media services to the business
- Solicitors - providing legal services ranging from advice on contracts and law, to debt recovery
- Auditors and Accountants - providing services which create accurate financial data, book-keeping and audit checks to make sure that the business is in the healthy condition and complying with current legislation
Financial services are necessary for the survival of the business. Banks and insurance companies are there to provide the best and often customised packages for businesses depending on their circumstance. Areas they provide support for include:
- Cash Handling
- Direct debits and standing orders
- Foreign exchange handling and international money transfers
- Cash and cheques processing
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