Skip to main content
We're here with practical information for your business. Learn about business planning, running a business and more.

Search

For a successful business, you need a viable business idea, the skills to make it work and the funding. Discover whether your idea has what it takes.

Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

The rise of the "side hustle"

4 March 2019

Woman creating her own products for sale as an additional source of incomeA new poll has found that one in five British adults has at least one extra source of income outside of their main employment.

The survey by OnePoll for notonthehighstreet polled 2,000 adults and found that these budding entrepreneurs have an average of two side projects. One in ten juggles four extra enterprises and another four in ten would like to start one.

The study found side hustlers spend, on average, four hours a week on their venture outside of their full-time work. Most have been maintaining their side hustle for an impressive 17 years - while one in five has been going strong for more than three decades.

Art and prints, jewellery-making and personalised goods were among some of the more creative endeavours Brits are pursuing. Other popular enterprises include home-grown food produce, beer brewing, candle-making and book writing.

Skilled crafts, food and drinks and education came top of the list of side hustles that women are likely to be involved in, while technology and gaming emerged as male-dominated ones.

While men are more likely to already have a side venture on the go, more women are considering one for the future. Of the women who actively run their own side business, a third said they did so to make more money and 82% generate profit from their business ventures.

In fact, two-thirds of women said they are happier doing their side projects than their main job and half wish they had started their venture sooner. One in seven spends more than ten extra hours a week on their side hustle.

Ella d'Amato, chief commercial and marketing officer for notonthehighstreet, said: "Of the six million businesses in Britain, only one-fifth are run by women. So it's fantastic to see this community taking matters such as flexible working, creative fulfilment and self-confidence into their own hands."

Written by Rachel Miller.

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.

Contact us

Make an enquiry