Newable Compliance will provide long-term strategic investment to businesses focused on supporting SMEs in meeting their compliance obligations.
The background
For over 40 years, Newable has offered SMEs support in three key areas: Money, Advice and Workspace to help them to address the everchanging challenges they face.
In recent years, a source of increasing tension for SMEs is ensuring they are adhering to laws, regulations, and industry standards relevant to their particular business sector.
While compliance can initially be seen as a burden for SMEs, it does serve as the foundation for maintaining trust, ensuring ethical practice, and mitigating risks in a highly competitive business landscape. Regulatory bodies, such as the Financial Conduct Authority (FCA), Information Commissioner’s Office (ICO), and Health and Safety Executive (HSE), have amplified their focus on enforcing compliance standards across various industries. As a result, SMEs now recognise the necessity of compliance to protect their reputation, maintain customer loyalty, and achieve sustainable growth.
Newable Compliance
In launching Newable Compliance, Newable and TVI Group will provide long-term investment to businesses supporting SMEs to meet their compliance obligations.
With a dedicated focus on strategic investments across sectors encompassing compliance, certification, testing, training, and safety, Newable Compliance aims to support and grow these organisations to better equip SMEs with the tools and resources to navigate their compliance requirements.
Newable Compliance intends to invest in 3 to 4 new businesses per year, using the skills and experience of both Newable, the leading adviser to SMEs, and TVI Group, the SME growth specialist.
For more information on Newable Compliance, please visit www.newablecompliance.co.uk.
About Newable:
Newable exists to make sustainable profits from helping other businesses to thrive. Newable supports these businesses via a platform of products and services across financial services, professional advice and workspace that is unrivalled in the market. Newable has consistently generated inclusive social and economic impact since its foundation in 1982, serving over 20,000 companies per year. In January 2023, Newable became a wholly employee-owned business.
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About TVI Group
Based in Reading, TVI Group is a diverse operating company focused on helping UK based companies to scale. TVI Group provides the finance, knowledge, and experience to help innovative companies reach the next stage of business growth. Established in 2014, TVI Group has built a portfolio of entrepreneur-led companies at various stages of business growth, all looking to continue expansion with the support of the TVI team.