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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.

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.

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.

From pay, hours and time off to discipline, grievance and hiring and firing employees, find out about your legal responsibilities as an employer.

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

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

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

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

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

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

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.

Wellbeing beats money as employee priorities shift

19 January 2021

A new YouGov survey has revealed how British attitudes to work have changed due to the coronavirus pandemic.

Coronavirus has had a profound impact on how we work, with the number of British employees working from home rising from just 5% before the pandemic to one in two in 2020, according to the Office for National Statistics (ONS). Now, aYouGov poll, conducted on behalf of Vestd, has uncovered how this seismic change has affected attitudes to work.

The survey findings reveal that the top motivator for employees is being appreciated by managers - cited by over one third of respondents. After recognition, "a large salary" comes second. However, 65% of workers also said they now prioritise wellbeing over cash, rising to 73% for female employees.

The poll found that the most demotivating factors in the workplace are:

  • Poor communication from management (cited by 70%);
  • Poor salary and/or benefits (68%);
  • Job insecurity (63%);
  • Micromanagement (60%);
  • Lack of confidence in management/leadership (57%).

The poll also shows that a third of under-25s currently in work are actively looking for new jobs. By contrast, only 8% of those over the age of 55 are looking for new employment.

For those on the hunt for a new role, 66% of UK workers say they want flexibility and the ability to work from home (or anywhere else). It suggests that unless companies can offer home working, they could be closing off their business to thousands of jobseekers.

In second place, nearly one in three said that a company share scheme would tip the balance for them when seeking a new job. The findings suggest that share schemes are seen as a way to enhance employee benefits in lieu of larger salaries. UK workers polled said that share schemes are good for staff retention and productivity, boost team morale and demonstrate respect from management.

Looking ahead, the survey found that more than half of Brits are feeling "fairly positive" or "very positive" about 2021. "It's great to see that so many people are geared up for a productive and positive 2021," said Ifty Nasir, founder and ceo of Vestd.

Commenting on the poll findings, he said: "It's no surprise to me that people are seeking stability and flexibility over higher wages at this time."

Written by Rachel Miller.

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