Finance for Small and Medium-Sized Enterprises - DTI Home Page

Finance for Small and Medium-Sized Enterprises: A Report on the 2004 UK Survey of SME Finances
Figure 2.3.1: Sources of Financial Advice
6%
35%
4%
8% 16%
Bank Manager Accountant No Advice Friends Other Don't Know
N P
Base: All SMEs = 3,625,416 (Unweighted N=2,500)
• Accountants are use d as the main source of help with financial decisions in almost
one-third of the population.
• B ank managers are the
main source of advice for 16% of SMEs.
• Over a third of SME s use no external advisers.
Analys is of the sources of financial advice,
by gender and ethnicity are reported in the
following
charts.
31%
43