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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 SME manufacturers missing out on "billions"

6 November 2015

UK SME manufacturers missing out on "billions"Small and medium-sized manufacturing businesses in the UK have the worst record for responding to new business opportunities compared to the USA and EU countries including France and Germany according to new research.

It means UK manufacturing firms could be missing out on as much as £24.7bn in extra revenue, according to the findings of the Exact 2015 SME Cloud Barometer, an independent research survey of almost 3,000 SME leaders across the UK, the USA, France, Germany, the Netherlands and Belgium.

The report reveals that 14% of UK manufacturers failed to respond to all "requests for proposals" on time, compared to a global average of 11%. The authors of the report suggest that staffing issues and skills shortages are a significant contributing factor, with the survey showing that "finding skilled technical staff" is a big challenge for 43% of UK manufacturers (compared to a global average of 32%).

The biggest challenges for UK SME manufacturers are: trying to keep costs down (57%) and getting the price right (48%). Other key issues include ensuring that material and processing costs are accurate (37%), making sure invoices are paid on time and maximising product innovation (both at 34%).

The report also reveals that there has been a shift in the industry away from bulk orders to smaller orders placed more regularly. Over half (51%) of UK SME manufacturers said customers are increasingly requesting orders in "smaller series".

Most UK manufacturers (64%) also said technology is playing a key role. Many of those that have adopted technology solutions are already feeling the benefits; the research shows SMEs who are "heavy users" of cloud software (defined as having three or more cloud products in place) achieved far higher revenue growth and more than double the profit of those using fewer cloud products.

Erik van der Meijden, ceo of Exact, said: "There is little doubt the UK manufacturing sector is facing some tough challenges, but with those come opportunities. To take advantage SMEs need to ensure they are competitive, efficient and provide the very best in customer service. This research highlights that one of the most effective ways of doing that is through technology adoption - whether that's to improve production processes, keep tighter controls over stock or reduce time spent on non-productive administrative tasks."

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