Training
Skills Secretary John Denham also got involved. "We are overhauling the training system to make sure small businesses can get help with training their staff with the very minimum of bureaucracy.
"We know that firms which invest in skills do better than those that don't, which is why we will be urging small businesses to take up this offer from Government."
Experts will help firms draw-up business action plans designed to shore up their businesses and avoid the potential pitfalls of the economic slowdown. Businesses can also get free advice, produced by the Institute of Credit Management, covering:
- Effective invoice chasing
- Debt management
- Credit Insurance
With the major banks being offered rather more than expert advice from the government, SMB owners could be forgiven for saying: "Thanks Pete, but how about a bunch of cash instead?"