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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

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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.

News

January 2023

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UK tax data shows that nearly 400,000 self-employed people on low incomes have been penalised for filing their tax returns late when most of them didn't owe any tax.
Almost seven in ten businesses that have introduced health and wellbeing policies have seen increases in employee productivity, according to new research.
A new report has identified the rise of so-called "necessity entrepreneurs" as almost half of Brits consider ways to bring in extra income as the cost of living continues to rise.
One in five small business owners are struggling with depression and 39% are suffering from anxiety, according to the results of a new poll.
The UK government is to slash the amount of energy support for small firms in a move that has been described as "catastrophic" by the Federation of Small Businesses.
New research conducted by the British Chambers of Commerce has found that British businesses are being hampered in their trade with the EU because of the current Brexit deal but it finds that some changes and a few "side deals" could solve some key problems.
As the annual tax return deadline draws near and HMRC introduces a new penalty system for VAT, a survey has revealed significant tax knowledge gaps among sole traders.