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.

Revealed: the UK hotspots for entrepreneurs

27 November 2018

Revealed: the UK hotspots for entrepreneursA new study has uncovered the parts of the UK where entrepreneurship is thriving, as well as those where it's in the doldrums.

A survey conducted by Censuswide for Crealogix asked UK consumers what they would do if they received a sudden windfall of £100,000 in order to gauge how many would use the money to start a business. The results show that people living in the midlands and the north are significantly more likely to invest in a new business venture than people from Wales, the south west or London.

Young people are most likely to start their own business, the report found. One in four 22-29 year-olds said they would invest a sudden windfall of cash in starting a business compared to just 6% the over-30s polled. With London's high cost of living, many young people are relocating to more affordable hotspots in the midlands and the north, according to the report.

More women than men said they wanted to set up a business. In fact, the report reveals that the most likely entrepreneurs are women in their twenties living in Manchester.

The survey also asked consumers who they would turn to for financial advice if they got a windfall. The results are:

  • 35% would ask family for advice;
  • 32% would talk to their partner;
  • 29% would consult their bank;
  • 19% would see a wealth management advisor;
  • 18% would not seek out advice at all;
  • 15% would ask friends;
  • 12% would search for answers on Google;
  • 10% would read financial publications;
  • 5% would ask their colleagues for advice.
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