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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.

UK micro-businesses owed £16.9 billion

12 June 2015

UK micro-businesses owed £16.9 billionThe late payment culture is stifling growth and threatening to derail some of the UK's micro-businesses according to new research.

UK micro-businesses are owed over £16.9 billion by their customers, according to research from Intuit QuickBooks. These firms, with up to ten staff, account for 96% of all firms in the UK.

The failure to pay promptly is having a major impact on cashflow, says the report. It found that 32% of respondents said they have had to take on loans or credit to pay suppliers and wages when money was owed. In addition, the survey has found that UK micro-businesses spend an average of 19 working days every year chasing invoices.

However, many of the micro-businesses polled also admitted that they don't ask their customers to pay immediately, despite the fact that they themselves would always pay their bills without delay.

And the research found that only 36% of micro-businesses send invoices via email with many still sending paper invoices - and some waiting up until a month after completion of work to do so.

Rich Preece, UK VP and managing director at Intuit, said: "As any entrepreneur knows, starting and growing your own business is tough. When you're putting out fires and jumping over hurdles on a daily basis, you don't need the distraction of worrying about whether you've been paid in a timely manner for your products or services, so it's disheartening to see the extent of the issue. This wasted resource and unnecessary exposure to risk is stopping [micro-businesses] focusing on what really matters - time with customers and growing the business."

Preece added: "This isn't just about late payments, it's about expecting and facilitating payments much more quickly, and the impact this can have on the millions of very small firms across the UK. There's major potential to dramatically improve micro businesses' cashflow and save valuable time by making it easier for their customers to pay."

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