ICAEW firms offer free advice to Welsh small businesses

Small businesses across Wales are being offered free expert advice from ICAEW Chartered Accountants as part of an initiative which was launched in Cardiff last week.

A total of 108 ICAEW practices in Wales have already signed up to offer the initial free consultation under the Business Advice Service.

Small and medium business (SMEs) owners can contact firms in their area on a variety of issues, both large and small, and there is no future obligation.

David Lermon, ICAEW director for Wales, said: “Start-ups or growing small businesses need the best advice to succeed at a time of fragile recovery and limits on public spending. There is a clear need for expert business advice which helps SMEs and start-up businesses become engines of growth.

“The Business Advice Service will offer SMEs the opportunity to discuss their business with a qualified chartered accountant through a free initial consultation. ICAEW Chartered Accountants will be able to offer expert advice on a whole range of issues facing them – from starting a business to turnaround, restructuring, financial management or taxation issues.

“It is crucial businesses obtain the best advice available and don’t turn to unqualified advisers.”

David Lermon added: “I’m very encouraged by the response from ICAEW members across Wales who have already signed up to this initiative and I expect even more practices to join the programme.”

The ICAEW Business Advice Service in Wales was launched on Thursday, September 29, at the National Assembly by Edwina Hart AM, the Minister for Business, Enterprise, Technology and Science.

Small businesses can find details of ICAEW Chartered Accountants in their local area at www.businessadviceservice.com.

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