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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

October 2024

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The Chancellor, Rachel Reeves, announced the Autumn Budget. We summarise the main headlines for businesses and individuals.
The Chancellor, Rachel Reeves, announced the Autumn Budget. We summarise the main headlines for businesses and individuals.
The Chancellor’s budget is described as “tough” a “hammer blow” for contractors as businesses and support organisations react
Marketing is the main skills gap for SMEs according to a new survey of small business owners - and the answer for more than half is to bring in specialist freelancers.
At a time when business costs are still rising, small business owners are concerned that the upcoming Autumn Budget could bring additional employment costs.
New research finds that UK small firms are still burdened by high prices and business owners say they are not seeing the benefits of falling inflation.
Entrepreneurs who opt out of higher education are just as likely as those with degrees to earn six figures or more, according to a study by GoDaddy.
More than a quarter of UK employers who have tried to fill vacancies in the past 12 months have had new starters fail to turn up on their first day at work, according to the results of a new survey.
The self assessment registration deadline is fast approaching; it means that anyone that needs to submit a self assessment tax return for the 2023/24 tax year must register with HMRC by 5 October.