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Setting up a business involves complying with a range of legal requirements. Find out which ones apply to you and your new enterprise.

Every business needs to be aware of its obligations under minimum wage and equal pay laws, as well as recent pensions auto-enrolment changes.

What particular regulations do specific types of business (such as a hotel, or a printer, or a taxi firm) need to follow? We explain some of the key legal issues to consider for 200 types of business.

While poor governance can bring serious legal consequences, the law can also protect business owners and managers and help to prevent conflict.

You must comply with legal restrictions on employees' working hours and time off, or risk claims, enforcement action and even prosecution.

The right employment policies are an essential part of effective staff management. Make sure any policy is clear and well communicated to employees.

Whether you want to raise finance, join forces with someone else, buy or sell a business, it pays to be aware of the legal implications.

While sick employees need to be treated fairly, you need to ensure that 'sickness' is not being used as cover for unauthorised absence.

Marketing matters. Marketing drives sales for businesses of all sizes by ensuring that customers think of their brand when they want to buy.

Most pregnant employees are entitled to maternity leave and maternity pay, while new fathers are entitled to paternity leave and paternity pay.

Commercial disputes can prove time-consuming, stressful and expensive, but having robust legal agreements can help to prevent them from occurring.

As well as undermining morale, illegal discrimination can lead to workplace grievances. Employee discrimination is covered by the Equality Act 2010.

Whether your business owns or rents premises, your legal liabilities can be substantial. Commercial property law is complex, but you can avoid common pitfalls.

Home, remote and lone workers are becoming increasingly commonplace. Key issues include communication and how to manage and motivate people remotely.

With information and sound advice, living up to your legal responsibilities to safeguard your employees, customers and visitors need not be difficult or costly.

The right approach to consulting with and providing information to your employees can improve employee motivation and performance.

As information technology continues to evolve, legislation must also change. It affects everything from data protection and online selling to internet policies for employees.

Disciplinary and grievance issues can be a major burden to employers. Putting in place and following the right procedures is essential.

Following the right dismissal and redundancy procedures helps protect your business and minimise the risk of a legal dispute at tribunal.

Intellectual property (IP) isn't solely relevant to larger businesses or those involved in developing innovative new products: all products have IP.

Employment tribunal claims are a worrying prospect for any employer. A tribunal case is a no-win situation – even if the claim is unjustified.

Knowing how and when you plan to sell or relinquish control of your business can help you to make better decisions and achieve the best possible outcome.

From bereavement, wills, inheritance, separation and divorce to selling a house, personal injury and traffic offences, learn more about your personal legal rights.

Micro-firms rely on unpaid support to survive

31 July 2015

Micro-firms rely on unpaid support to surviveThe majority of UK micro-business owners rely on regular help from friends and family, much of it unpaid, according to new research.

A report from Lloyds Bank Insurance reveals that 64% of Britain's micro-businesses (with fewer than ten employees) rely on support from friends and family. Friends and relatives put an average of six hours a week into helping these micro-businesses stay afloat.

Although 41% of these firms pay their family and friends with an average salary of £14 per hour, just over half (51%) said this support is unpaid. It means the UK's family support economy could be worth around £64.3 million per week, according to Lloyds.

The support ranges from helping to make business decisions (40%), completing practical tasks (34%), running errands (29%), managing social media accounts (10%) and helping with childcare (8%). Partners are most likely to step up and help, with 43% of business owners helped by their other half. One in five (19%) also rely on their children and 29% use friends.

The vast majority (84%) of business owners say the contribution of friends or family has had a positive impact on their business; 24% describe it as "crucial in keeping their business running" and 10% say their business "would not be able to go on without this support".

Key benefits cited by business owners include: increasing revenue (13%), increasing productivity (25%), making the business more manageable (35%) and providing emotional support (30%).

Damien McGarrigle, head of business insurance at Lloyds Bank Insurance, said: "Starting up and running a business can be all-consuming, with family and friends often rallying around small business owners to ensure they are successful.

"However, micro-business owners cannot solely rely on personal contacts to ensure everything runs smoothly. Our research found that a third of those polled experienced problems in the past year - from technology failures to employee sickness - which resulted in more than a quarter operating at reduced capacity."

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