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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

September 2024

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The government has announced a new Fair Payment Code and fresh rules on company reporting as part of a package of measures designed to tackle late payments to small businesses.
Sole traders, freelancers and small business owners are being offered the chance to master the fundamentals of digital marketing alongside other business owners on a fully-funded Skills Bootcamp
Small businesses across the UK are reporting rising revenue, driven largely by a significant increase in ecommerce activity, according to a new survey by Quickbooks.
New legislation could see millions of UK workers taking home more money in tips as the government introduces a Code of Practice on tipping that comes into force in October.
New research has found that tech-savvy Gen Z and Millennials are more likely to set up their own businesses because they grew up in the digital age.
The latest polls of business owners show a fall in confidence among the UK's five million small firms and freelancers.
The late payment crisis is showing no signs of letting up, as new data shows that 49% of invoices sent by UK small businesses in the past year were paid late - up from 43% the year before.