Trade body launches small business survival guide2,000 videos offer advice to recession-hit SMEs
19 June 2009
Business trade body, the Forum for Private Business (FPB), has launched a set of 2,000 short videos on its website to give small and medium-sized enterprises (SMEs) guidance during the recession.
The FPB has created the videos to provide business owners with a source of information and support on topics including new loans, business development and applying for extensions to bank lending.
There are more than 30 hours of footage so far, with each video lasting around 60 seconds.
Phil Orford chief executive of the FPB, said, 'The FPB has always provided its members with exhaustive, expert advice as well as understanding. But business owners are busy people.
'The website smallbusinesschannel.co.uk allows entrepreneurs to access essential, bespoke information on many business issues without having to negotiate a sea of text. It is a tool of empowerment, particularly during these testing times.'
Finance video most popular amongst SMEs
One of the more popular videos on the channel so far is advice from the FPB’s national chairman Noel Guilford on finance for small businesses.
Guilford said: 'Some indicators suggest that finance for some small firms is improving slightly, which has been a catalyst for returning confidence. But business owners must now take control of their own destiny to make sure they are the ones who get this funding rather than the ones turned down. In order to approach lenders and investors successfully they should be prepared and armed with information.'
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