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SOURCES OF ASSISTANCE

SOURCES OF ASSISTANCE. SCOTTISH ENTERPRISE AND LOCAL ENTERPRISE COMPANIES. Government funded Set up to help business set up and for existing business to grow. Offer advice to firms, training courses, can often give firms grants. CAREERS SCOTLAND. Part of Scottish Enterprise.

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SOURCES OF ASSISTANCE

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  1. SOURCES OF ASSISTANCE

  2. SCOTTISH ENTERPRISE AND LOCAL ENTERPRISE COMPANIES • Government funded • Set up to help business set up and for existing business to grow. • Offer advice to firms, training courses, can often give firms grants.

  3. CAREERS SCOTLAND • Part of Scottish Enterprise. • Assistance with recruitment and selection. • Give information on local labour market and on employment law

  4. BUSINESS GATEWAY • Scottish Enterprise funded. • Gives information to firms on grants, taxation, health and safety and marketing.

  5. LOCAL AUTHORITIES • May give help in locating premises, give them loans or grants. • Some local authorities may give subsidised premises. Also give advice on planning permission. • The council will want to encourage firms to come to the local area.

  6. SCOTTISH CHAMBER OF COMMERCE • A support organisation that firms can become a member of. • Provide seminars on a number of different topics, allow for networking opportunities and encourage international trade.

  7. PRINCES YOUTH TRUST • Give advice, training and grants to young people who want to start up their own business. • Can help with business planning, give loans or grants.

  8. TRADE ASSOICIATIONS • Provide specialised advice in their particular area of business. • For example the Association of British Travel Agents (ABTA) and the Institute of Plumbing.

  9. BANKS • Give firms loans and other financial advice. • Help firms draw up their business plan.

  10. INLAND REVENUE • Give advice on taxation. • All firms have to pay Corporation Tax and also VAT.

  11. LAWYERS AND ACCOUNTANTS • Give advice on legal and financial matters. • For example if the firm has problems with employment law they can ask their lawyer. • Accountants may be used to draw up the firms accounts.

  12. LOAN GUARANTEE SCHEME • A government scheme that allows small and medium sized firms to get loans that may be deemed by banks to be too risky. • Government agrees to repay 70% of the should the firm be unable to pay. • Have to pay a higher rate of interest and an insurance premium.

  13. EUROPEAN UNION • Money can be available from the REGIONAL DEVELOPMENT FUND. • Or from the EUROPEAN SOCIAL FUND.

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