When you're running your own businesses you can sometimes feel as though you're on your own. If you're a one man band you may look after sales, marketing, administration as well as providing the service or making the products. Who can you turn to for support and guidance?
Maybe your business could benefit from a mentor - someone who has experience and expertise and can share their wisdom with you on an ongoing basis.
Businesses can find help through a new online portal, www.mentorsme.co.uk set up by HSBC and the UK's other four largest high street banks, This brings together leading mentoring organisations and allows companies to search for and locate their local group. It also includes a section to recruit would be mentors and a range of helpful resources.
The scheme offers support on a range of issues faced by businesses, from finance to marketing to HR. Start ups, established companies or those looking for a sounding board will receive support from networks of mentors, including current and retired bank staff that have volunteered and been trained as mentors.
HSBC also supports Better Business Finance, an initiative developed by the Business Finance Taskforce. The Better Business Finance website www.betterbusinessfinance.co.uk offers impartial information and support for business customers looking to raise finance. Resources available from Better Business Finance include a range of fact sheets providing information on a range of topics such as the lending appeals process, various sources of finance and loan pricing.
For tools, checklists and practical information to help you and your business, visit our Knowledge Centre. The site includes information on planning start-up financing, setting up financial systems, managing your finances and financing growth.
The table below provides links to a range of organisations that may be able to help you with business support, guidance and financial advice.
| Association of Chartered Certified Accountants | Includes search tool for advisers offering specialised finance advice for small and medium-sized businesses (SMEs) | www.accaglobal.com |
|---|---|---|
| Better Business Finance | Impartial information and support for business customers looking to raise finance | http://www.betterbusinessfinance.co.uk |
| Community Development Finance Association | Association of institutions that lend money to help develop local communities | www.findingfinance.org.uk |
| Institute of Chartered Accountants in England and Wales | Directory of chartered accountants includes firms offering advice on SME finance | www.icaew.com |
| Prime | Supports over 50s to start their own business, offers loan scheme | www.primebusinessclub.com |
| The Prince's Trust | Enterprise Programme for 18-30 year olds starting their own business, including grants and loans | www.princes-trust.org.uk |
| Mentorsme | This brings together leading mentoring organisations and allows companies to search for and locate their local group. | www.mentorsme.co.uk |
| Asset Based Finance Association | Factoring, invoice discounting and asset based finance | www.abfa.org.uk |
|---|---|---|
| British Bankers Association | Banks and financial services providers | www.bba.org.uk |
| British Private Equity and Venture Capital Association | Venture capital and private equity | www.fla.org.uk |
| The Finance and Leasing Association | Asset, consumer and motor finance | www.bba.org.uk |
| Institute of Credit Management | Best practice in credit management and managing cash flow | www.creditmanagement.org.uk |
| Lending Standards Board | Responsible for the Lending Code, good practice for lending to smaller businesses | www.lendingstandardsboard.org.uk |
| Business Gateway | Government business support site for businesses in Scotland, including support directory | www.bgateway.com |
|---|---|---|
| Business Link | Government business support site, including business support directory | www.businesslink.gov.uk |
| Business.wales.gov.uk | Government business support site for businesses in Wales, including support directory | www.business.wales.gov.uk |
| Invest NI | Northern Ireland economic development agency offering business support and targeted financial assistance | www.investni.com |
| nibusinessinfo.co.uk | Government business support site for businesses in Northern Ireland, including support directory | www.nibusinessinfo.co.uk |
| National Federation of Enterprise Agencies | Enterprise support, training and mentoring for new and emerging businesses | www.nfea.com |
| Scottish Enterprise | Supporting economic growth in Scotland, including various grant and funding options | www.scottish-enterprise.com |
| British Chambers of Commerce | Networking and support through local Chambers of Commerce and Chamber Finance Hotline | www.britishchambers.org.uk |
|---|---|---|
| Federation of Small Businesses | Campaigning group for self-employed and small business owners. Membership benefits include finance for business scheme | www.fsb.org.uk |
| Forum of Private Business | Small business support, advice and information including finance and funding advice | www.fpb.org |
| Institute of Directors | Membership organisation for business leaders. Support services include free advice on financing through the Directors’ Advisory Service | www.iod.com |
| TA Forum | Directory can identify trade associations offering support and guidance for your sector | www.taforum.org |
| Business Debtline | Independent charity supported by the banking industry offering free and confidential advice on dealing with business debt problems | www.bdl.org.uk |
|---|---|---|
| Insolvency Practitioners Association | Recognised professional body providing advice on how insolvency practitioners can help businesses in financial difficulties and directory of members | www.insolvency-practitioners.org.uk |
| The Insolvency Service | Information on personal bankruptcy and company insolvency from the government’s insolvency service | www.insolvency.gov.uk |
| R3 – Association of Business Recovery Professionals | Professional association providing guidance on dealing with financial crisis and directory of members | www.r3.org.uk |
The links on this page will open a new browser window and may:
i) Allow you to access other websites. Please read the linked websites' terms and conditions. HSBC Bank plc has no control over non-HSBC websites and is not liable for your use of them.
ii) Allow you to access another HSBC Group website. Please read the terms and conditions of the linked website, which may differ from the terms and conditions of HSBC Bank plc's website.
Visit our Knowledge Centre for tools, checklists and practical information to help you and your business.