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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


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.


July 2022

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The UK government's Help to Grow: Digital scheme has been expanded to businesses with at least one employee; as a result, up to 1.2 million small firms can now get discounts on the latest digital technology.
A new survey of small business owners has found that seven in ten remain confident about their prospects in spite of rapidly rising prices and hiring challenges.
iwoca, one of Europe's largest small business lenders, is today announcing that it is more than doubling the maximum size of its core lending product, Flexi-Loan, allowing small business owners to access up to £500,000.
A new report has found that many small businesses in the UK are having to pay higher insurance premiums for less generous cover.
The temporary capital investment tax super-deduction has had a “positive and measurable” impact on business investment and should be made permanent, according to research by the Institute of Directors.
New research has found that as many as 85% of UK workers want to start their own business one day and many believe a side hustle is the first step.

Almost a quarter of UK business leaders are worried that their company may not survive this financial year due to the cost of living crisis.