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Thinking about starting a business? Have an idea to explore – or ready to launch? The MEC Resource Centre is here to support you

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For a successful business, you need a viable business idea, the skills to make it work and the funding. Discover whether your idea has what it takes.

Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

Advice on protecting your wellbeing, self-confidence and mental health from the pressures of starting and running a business.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

News

August 2024

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A new survey of 1,300 businesses by the British Chambers of Commerce has found that small firms across the UK continue to struggle with recruitment and staff retention.
The UK tax body HMRC has clarified the rules about five common misconceptions around registering for self-assessment and paying tax as a self-employed worker.
HMRC is writing to those it believes have undeclared income from the breeding of animals, including dogs and cats.
The number of workers on zero-hours contracts has increased by 288% since 2020; however, plans by the government to crack down on unfair zero-hours contracts are likely to affect small businesses across the UK.
Small business growth plans could boost the UK economy by more than £40bn, according to new research.
Experts report that small firms are being targeted by scammers, known as "ghost brokers", that advertise fake insurance deals.
A new report by the British Chambers of Commerce concludes that UK government contracts are "out of reach" for most small businesses.