There were circa 800,000 new start-ups in the UK in 2021. Many of these will become part of the 5.5 million SMEs in the UK which make up 99% of total UK businesses. These businesses are the life blood of the UK economy. We know 40% of these start ups will fail in the first five years.
Running a start-up is one of the most challenging times facing any entrepreneur. Developing and delivering a superior product or service, finding and maintaining a customer base, maintaining cashflow whilst finding a team of like-minded employees to grow the business is tough and time consuming. The last thing on your mind is developing the Employment contracts, policies and systems to develop and retain your new team. Leave this to HRGuide whilst you focus on the business fundamentals of service and growth.