Government growth service to save small business time and money
- Date: 2024-12-07 00:01
- Source: UK News and communications
The government has launched a new growth service to help small businesses save time and money. The service will provide businesses with access to a range of tools and resources, including:
- A free online business assessment tool to help businesses identify areas for improvement
- A network of growth hubs offering free advice and support
- A new online platform connecting businesses with investors and other sources of finance
The government estimates that the new service will save small businesses an average of £5,000 per year. This will be achieved by reducing the time businesses spend on administration, improving their access to finance, and helping them to grow their sales.
The service is part of the government’s wider commitment to supporting small businesses. The government has already introduced a number of measures to help small businesses, including:
- Cutting taxes for small businesses
- Providing access to affordable finance
- Reducing regulation
The new growth service is a welcome addition to the government’s support for small businesses. It will provide businesses with the tools and resources they need to grow and succeed.
Here are some additional details about the new growth service:
- The online business assessment tool will be available from January 2025.
- The network of growth hubs will be located in major cities and towns across the UK.
- The new online platform will be launched in April 2025.
Businesses can find out more about the growth service by visiting the government’s website.
Government growth service to save small business time and money
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