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


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.

Sheffield is the best UK city for start-ups

15 January 2019

Sheffield is the best UK city for start-upsA new study has identified the 15 most promising places to start a business in the UK.

The research, conducted by Paymentsense, focused on the economic climate in the UK's most populated cities in order to identify the best places to start a business. Key factors that were assessed included: start-up survival rates, the cost of accommodation, the number of employed adults in each city and the average weekly pay for full-time workers.

Sheffield tops the list, thanks to its relatively low living costs as well as an impressive five-year start-up survival rate of 45%. Other cities with high start-up survival rates include: Bristol (45%), Edinburgh (43%), Nottingham (43%), Coventry (42%), Leeds (42%), Cardiff (42%) and Sunderland (42%).

Find the right financeFind the right finance

Funding Options match small businesses with leading UK lenders. Whether you need to raise £1,000 or £10million, let their experts help you today.

Get your free quotes

In contrast, the new business survival rate in London is 39%. Some of the UK's bigger cities have even lower start-up survival rates, including Glasgow (36%), Manchester (37%) and Liverpool (38%).

Overall, the findings show that the best cities for starting a business are:

  1. Sheffield
  2. Nottingham
  3. Sunderland
  4. Leicester
  5. Bristol
  6. Stoke-on-Trent
  7. Cardiff
  8. Leeds
  9. Coventry
  10. Edinburgh
  11. Liverpool
  12. Birmingham
  13. Manchester
  14. Glasgow
  15. London

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