Skip to main content
Guiding you to a better future


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.

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.

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

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.

Are businesses prepared for a second wave?

13 October 2020

Many UK businesses, both big and small, are taking a "wait and see" approach to planning for winter lockdowns, according to a new report.

As the UK faces a second wave of COVID-19, Driving for Better Business has investigated how businesses are preparing for the next few months. It has surveyed 150 small business owners and 150 board-level decision-makers in larger firms to see how coronavirus has affected them and what plans they are making to protect their businesses.

The findings show that only a third of all the businesses surveyed have so far put in place any kind of plans to protect their business in the event of a resurgence of the virus. The other two-thirds are evenly split between those that have discussed the need for plans but have not yet created them, and those that are taking a "wait and see" approach.

Rebuilding post COVID-19 is a key concern for small firms, with 51% of SMEs citing this as a big issue compared to 34% of larger companies. Almost two-fifths (38%) of respondents cited the operational costs of running their business as a current concern; again, small firms (46%) are more concerned about this than larger enterprises (30%).

Support for staff is important for all firms but the findings show that while 46% of small firms regard the health and wellbeing of their employees as a key concern right now, just 28% of large enterprises said the same. However, almost twice as many large firms than SMEs had some form of policy in place that included wellbeing and health measures relating to COVID-19.

Other key findings include:

  • 43% of SMEs already had flexible working policies in place prior to the pandemic, compared with just over a third of larger firms;
  • 40% of SMEs have introduced working from home, compared to 28% of large firms;
  • SMEs have been quicker to reactivate furloughed workers, with 32% bringing employees back into work compared with 25% of larger firms.

Simon Turner, campaign manager at Driving for Better Business, said: "Every organisation puts in place a business strategy and a plan to deliver on that strategy. They weave in contingencies that enable the plan to be flexible and to react to changing market conditions. Very few would have entered 2020 with a contingency to deal with the fallout from a global pandemic though.

"One thing that is certain though, is that firms must adjust quickly to the current environment and take every opportunity to minimise operational costs and improve efficiencies in order to give themselves the best chance of survival, and the ability to thrive as soon as conditions allow."

Written by Rachel Miller.

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.

Contact us

Make an enquiry