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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.

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.

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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.

Do you need a career reboot in 2020?

17 December 2019

New research has found that half of UK employees fear they're in the wrong job; while a survey of freelancers has found many are lonely and stressed.

A study of 2,000 adults, carried out by OnePoll for PeopleCert, has found that six in ten workers are bored or dissatisfied with their job and 39% say it is just a way to pay the bills. The findings show that a quarter of professionals want to change careers completely, with 80% aiming to do so within the next five years.

Other key findings include:

  • Employees polled said they think about changing careers eight times a month;
  • 40% said they would accept a lower salary if it meant they were working in a job they were happy in;
  • 60% said they would work longer hours if they were in a role they enjoyed;
  • 52% would consider moving to another city for the right job;
  • 48% would relocate to another country.

However, more than one in ten said they are seeking the chance to grow in their current position and believe they need to retrain. A third said they are under-skilled compared to their colleagues and worry that they would be overlooked when it comes to promotions. In fact, 67% of those polled said retraining could reignite their career.

For those thinking of working for themselves, however, the reality may not live up to the dream. A new survey of 1,500 freelancers and office-based workers by Viking has studied the pros and cons of being employed and self-employed. The results show that 64% of freelancers say they regularly feel lonely due to their work, 56% have suffered depression and 62% say they feel stressed due to work. By comparison, just 30% of employees said they suffer with depression and 55% feel stressed.

The survey also found that freelancers find it harder to switch off from work when on holiday - 30% of freelancers take their work laptop on holiday, compared to just 13% of office-based workers. And 54% of freelancers read work emails compared to 36% of employees. Just 15% of freelancers said they avoid work altogether when on holiday, compared to 42% of office-based workers.

Bob Huibers, marketing executive at Viking, said: "Freelance working is often seen as the dream working scenario, where you can set your own hours, choose your own clients and avoid that dreaded daily commute … We were shocked to see that so many freelancers suffer from mental health problems linked to their work, the solitary nature of being a freelancer and feeling unable to switch off on holiday. This research shows how it's vitally important to get the right work-life balance and look after your mental health, no matter what industry you work in."

Written by Rachel Miller.

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