Research by NatWest and RBS reveals encouraging signs as Britain looks to recover from the recession. Despite difficult trading conditions, 33% of SMEs surveyed see growth as an immediate priority for their company. In response, NatWest and RBS have launched a new one-stop shop for support and advice online to help businesses trade their way out of the recession - offering interactive business reviews, economic reports and practical guides.
Peter Ibbetson, chairman for small business, NatWest and RBS said: "We've listened to our business customers and are pleased to offer this new support to help them make the most of future opportunities. We also understand many businesses remain cautious, over half of those surveyed are looking for more economic stability before investing. Our online review helps these businesses avoid the pitfalls of a recession and plan for the challenges ahead."
The free interactive business review, a UK banking industry first, can be found on the NatWest and RBS online SME Business Knowledge Hubs. Businesses can use the review to answer questions on topics such as cash flow and risk to download an instant report. The report provides guidance on how to plan ahead, with the option of further advice from an experienced relationship manager. SME Knowledge Hubs can be accessed via:
http://support.natwest.com// & http://support.rbs.co.uk/
David Frost, director general of the British Chambers of Commerce (BCC), said: "I have been really impressed with the new support NatWest and RBS are offering SMEs. It is one of the most comprehensive and practical tools I have seen for a long time. At the BCC we recognise the need for small businesses to better equip themselves for a changing economic environment, and anything that supports them in considering their options is a good thing."
