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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.

Small firms introduce "house rules" after Freedom Day

20 July 2021

Many small businesses are continuing to ask customers to wear masks, use sanitiser and respect social distancing even after COVID restrictions have been lifted.

The Federation of Small Businesses (FSB) has urged consumers to respect the "house rules" which many firms are planning to implement for their premises now that national restrictions have been lifted. While measures such as the wearing of face masks or table-only service are no longer legally required, the FSB says that many consumer-facing businesses intend to use their judgement over whether to continue with these precautions.

Following discussions with the government, the FSB says it has received assurances that small businesses can continue to insist on these types of interventions.

FSB national chairman Mike Cherry said: "No two businesses are the same, so it's crucial that small firms have the liberty to install the rules that work for them, including where masks are concerned. We're urging shoppers, diners and revellers to respect the unique house rules of every business when they're out and about from Monday.

"It's vital that small firms feel supported - by government at every level and by the police - when taking steps to keep their customers and staff safe … We hope that consumers will understand and respect this as they get behind supporting small firms which are working hard to get back up and running, so that they can remain at the heart of community life, character, jobs and prosperity long into the future."

Research suggests that many people will continue to wear masks anyway. A survey by ParcelHero, for example, has found that 68% of consumers oppose plans to end distancing measures and mask wearing in stores. And an Ipsos MORI poll for The Economist shows that seven in ten Brits (70%) want face masks to remain compulsory in shops and on public transport for one month after 19 July, while 64% would like such restrictions to remain in place until coronavirus is under control worldwide.

Meanwhile, new statistics show that high street footfall has already started to decline as cases of COVID-19 have been rising, with retail analysts Springboard reporting that shopper numbers in June declined by 27% compared to the same period in 2019.

Another new survey suggests that consumer confidence is still very fragile. A poll of 2,000 Brits by NerdWallet has found that 74% say they lack confidence that the UK economy will fully recover from the damage caused by the pandemic and the same percentage are not "reasonably confident" that consumer spending will return to where it was in 2019.

However, the findings show that Brits are a little more optimistic about their own future spending, with 42% planning to increase their spending from current levels by the close of the year. A further 43% plan to continue spending at current levels.

Written by Rachel Miller.

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