Skip to main content
Helping your business to Start, Grow and Develop.

Search

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.

Start Up Loans hit £250 million milestone

2 September 2016

Start Up Loans hit £250 million milestoneThe Government's Start Up Loans scheme has helped thousands of new businesses get up and running since it was launched in 2012, creating more than 45,000 new jobs and providing £250 million in funding.

Announcing the figures, business and energy secretary Greg Clark said Start Up Loans have generated a return on investment to the economy of £3 for every £1 spent.

Funded by the Government through the British Business Bank, the scheme has helped thousands of budding entrepreneurs, including many young people. Half of all Start Up Loans for people aged 18-24 go to those formerly not in employment, education or training.

Greg Clark said: "Everyone should have the chance to turn a great business idea into a reality. This Government will build on the success of Start Up Loans to give entrepreneurs the support and opportunities they need to start a business, grow it in Britain and turn it into a global success story."

Small business minister Margot James said: "With one in five Start Up Loans going to deprived areas in the UK, they are one of the many tools we have to build an economy that works for all."

There are now 5.4 million small and medium-sized enterprises (SMEs) in the UK, creating more than 15 million jobs and contributing £1.8 trillion to the economy.

Emma Jones, founder of Enterprise Nation, said: "Start Up Loans have plugged an essential gap for new businesses looking for funds. We've heard from hundreds of start-ups who not only benefit from the money, but also the mentoring that comes with it. The UK continues to witness record start-up rates and the Start Up Loans Company has been a key enabler of this - helping people across the UK to take an idea and give self-employment a go."

The Start Up Loans Company offers fixed rate loans of up to £25,000 and provides access to free business support for people starting out for the first time in business.

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.

Contact us

Make an enquiry