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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.

Annual Donut survey reveals positive picture

Starting and running a small business is not easy. There are many bridges to cross and you need to be resilient in the face of each challenge you face.

Since the pandemic of 2020, sole traders and small businesses have faced a prolonged cost-of-living crisis and inflation.

Somewhat surprisingly, despite these challenges, 66% of small business owners revealed that they expect to fare better in 2024 than in 2023 in the annual Donut Small Business Survey. Donut site users also shared how they plan to promote their business in the year ahead and the key challenges they expect to face.

See the key findings below.

Copyright 2024. Written by Fiona Prior, Donut Blog Team

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