5.3 Support for enterprise - Word Drop

Finance providers such as banks and ______ can fund a start-up or expansion, but a business may repay interest or give away a share of ownership. A local council ______ can offer grants, advice and recruitment help and understands the local economy, though it may be slow or not understand a niche market.

______ prepare ______ end of year accounts and give qualified financial advice, but they are expensive. ______ give ______ advice on legal matters and must keep client details private. Their fees are high and they need experience in the right area of law. Friends and family often give immediate advice for free, but they may be too close to the business and therefore ______.

A Chamber of Commerce is a local business ______ that links entrepreneurs so they can share ideas and trade, but it charges ______ fees. The government can provide grants, training and mentors, but its help must fit its own ______ and grants are limited. Charities can offer free advice to specific groups, but they are limited by ______ and choose who they can support. The best source depends on the need, for example an accountant for tax, a solicitor for employment law and a ______ for finance.