New measures to help home-based business start-ups
Business Minister Matthew Hancock has announced measures to make it easier for entrepreneurs to start and grow a home-based business.
The measures include revised planning guidance which will clarify that planning permission is not normally needed to run a home-based business, and improved business rates guidance that will make clear that most home-based businesses are exempt. In addition, new legislation will be introduced to reassure landlords that allowing a business in their rented property will not undermine their residential tenancy agreement, and a new model tenancy agreement will be made available.
Speaking at the inaugural Home Business Summit in London recently, Prime Minister David Cameron said: “Our economy is one of the fastest-growing in the western world and it needs new businesses to sustain that. Of course we want our big established businesses to grow but the real jobs growth I think will come from start-ups.
“Sometimes when people think of home business they think of some cottage industry on the edge of the economy. 70% of new businesses are home businesses – the scale is immense.”
Expert legal help for business start-ups
For expert legal advice on your business start-up, including advice on terms and conditions, commercial contracts, incorporation, website documents, partnership agreements, contracts of employment, terms of business, exit strategies, contingency planning, and regulatory and compliance issues, email Gaby Hardwicke Partner Mark Williams (pictured) on or Associate Solicitor Gemma Ritchie on or call 01323 435 900.
Posted: 01 September 2014
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