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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.

Newcastle named "best place to work for a small firm"

17 June 2025

Newcastle upon Tyne, Ipswich and Peterborough are the best places to work for a small business in Britain based on commute times and wages, according to a new study.

SME lender Iwoca has published its annual Top 25 towns and cities for SME jobs for 2025, revealing the best places in Britain to work for a small business. The ranking is based on a range of criteria that jobseekers look for, including average wages, commute time, house prices, job density and small business growth.

Newcastle upon Tyne takes the number one spot for the first time, while Ipswich and Peterborough complete the top three, cementing the East and North East as hotspots for ambitious SME talent. However, for the fourth year in a row, Greater London has not made the top 25.

Newcastle has climbed two places since 2024, thanks to a strong local economy and a growing small business sector. The study suggests that "a winning blend of career opportunity, affordability and lifestyle" makes Newcastle an ideal destination for jobseekers attracted to small business roles.

Residents benefit from short commute times, averaging just 24 minutes compared to London's 39 minutes, making work-life balance more achievable. Over the past five years, Newcastle's SME sector has grown by 6.6%, strengthening the city's reputation as a top destination for starting and growing a business.

Job density in Newcastle stands at an encouraging 1.06 per worker, ensuring strong prospects for residents seeking employment. The city's median hourly wage of £19.41 is among the most competitive in Britain. Housing in Newcastle remains accessible, with median house prices at £199,995 - less than half London's median price.

Small business growth spots

Ipswich and Peterborough are also thriving SME centres. Ipswich has had a 13.2% increase in small businesses since 2018, making it one of the highest SME growth rates nationwide. Peterborough, after topping the rankings last year, now holds third place. The city stands out for an increase in the number of small firms by 9.8% between 2019 and 2024, affordable homes with a median price of £240,000, and an average hourly wage of £18.84.

"One of the ways that small businesses are able to boost our economy is by creating local jobs. Our research shows that Newcastle, Ipswich and Peterborough are leading the way, creating valuable career opportunities and helping local communities thrive. Their success highlights the crucial contribution small businesses make to economic growth, both regionally and nationally." Seema Desai, coo at iwoca.

The top ten is rounded out by towns and cities from across the UK, including Conwy (4th place), Preston (5th), Stafford (6th), Norwich (7th) and Tewkesbury (8th). Glasgow and Cambridge share ninth place. The continued prominence of regions outside London demonstrates the widespread opportunity for those starting or developing SME careers across Britain.

Greater London has ranked 75th in 2025. Long commutes of an average 39 minutes, high house prices with a median of £526,000, and slowing SME growth continue to place the capital far behind many regional counterparts, despite its the higher average hourly pay of £26.74.

Written by Rachel Miller.

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