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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.

What happened to the self-employment boom?

17 July 2015

What happened to the self-employment boom?The latest Government statistics show that the number of self-employed people in the UK has fallen by 131,000 in the past 12 months.

What a difference a year makes. In August 2014, media headlines were full of the news that self-employment in Britain was at its highest level for 40 years. In 2014, 15% of workers were self-employed, up from 13% in 2008; this was an increase of some 600,000 in six years.

And yet, some were calling the rise a "mixed blessing" amid fears that a lack of jobs was forcing many to work for themselves and there were also concerns about the low levels of earning for the self-employed.

Now, in just a year, there has been a fall of 131,000 in the number of self-employed people.

The latest figures are part of a wider employment picture, as new Government data also shows that unemployment has gone up from 5.5% to 5.6%. Despite this, the Institute of Directors (IoD) has welcomed what it sees as a positive shift from self-employment to paid employment.

James Sproule, IoD chief economist, said: "Today's slight increase in the unemployment rate may have surprised economists and spooked policymakers, but there is more good news than bad in these latest figures. As the economy strengthens, businesses are feeling more confident, and people are shifting into full-time work. For people who could only find part-time work or work for themselves in recent years, this is good news."

Emma Jones, founder of small business network Enterprise Nation, said: "Self-employment has been the driving force of employment for the last couple of years. It's partly been about lack of satisfying jobs, but mostly it has been about technology and opportunity and a flexible economic environment that has supported them.

"We've been expecting the number of self-employed to level off as people build business and become employers themselves, or decide to return to employment if it hasn't worked out."

However, Chris Bryce, chief executive of IPSE, the Association of Independent Professionals and the Self-Employed, is concerned that Government support for the self-employed is waning.

He said: "The majority of jobs created in recent years came from the self-employed community, and if the Government is to reach its ambition of an extra two million people in the labour market by the end of the Parliament, this group has a vital role to play. However, last week's Summer Budget delivered a number of measures which have potential to restrict growth of the self-employed."

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