The Institute for Independent Business (IIB) is the largest organization of its type with more than 5,000 highly skilled Executive Associates having been accredited, working with many thousands of businesses mostly within the Small to Medium size Business (SMB) sector.
Unlike large organizations and corporations, SMBs generally lack the resources to build a management team of professionals experienced across a range of critical business disciplines. In fact, the burden of maintaining and growing a successful independent business is generally limited to the owner or a very small number of partners. With so much to do and with limited resources, many owners feel frustrated at the ever-increasing demands being placed upon them.
The Institute was formed in 1984, initially as the Institute for Independent British Businesses. Since formation the Institute has evolved and developed in line with the needs of small to medium sized businesses around the world.
The Institute has provided the growing base of accredited Executive Associates and independent business owners with access to a wealth of information normally beyond their reach. In addition, it produced publications such as Small Business Today - replaced more recently by Independent Business Today. This brings the independent business owner not only current topical information but also jargon-free academic research, information on new business techniques, and practical articles on training and personal development.
From research into the needs of the independent business sector carried out by the Institute, as well as by several academic institutions during the 1980's, it became clear that small to medium sized businesses required not just information and articles, but also practical assistance in the form of hands-on help.