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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.

Advice on protecting your wellbeing, self-confidence and mental health from the pressures of starting and running a business.

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

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.

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.

Ten ways to encourage creative thinking

Inspiring greater creativity in your business can help spur innovation. It's about creating a culture in which all employees are actively encouraged to put ideas forward. But how do you get the best from people and help them to be creative?

1. Stress the importance of creativity for the business

Ensure all your staff know that you want to hear their ideas. Make sure they understand how innovation keeps your firm competitive.

2. Make time for new ideas

Allocate time for thinking about different approaches. For example:

  • Set aside time for brainstorming.
  • Hold regular group workshops.
  • Arrange team days out.
  • Give individuals the space to reflect privately on their work.

3. Actively solicit creative suggestions

Place suggestion boxes around the workplace. Appeal for original ways to solve particular problems. Keep your door open to anyone with new ideas.

Encourage people to work together and share ideas. Individuals within the team can feed off each other - exploring, testing and refining new approaches.

4. Train staff in innovation techniques

Your staff may be unfamiliar with the skills involved in creative problem-solving. Consider training sessions in techniques such as brainstorming, lateral thinking and mind-mapping.

5. Cross-fertilise

Broadening people's experiences can be a great way to kickstart innovation.

  • Short-term job swaps and shadowing in-house can introduce a fresh perspective.
  • Encourage people to look at how other businesses do things, even in other sectors. Consider how different approaches can be adapted or improved.

6. Challenge the way staff work

Encourage employees to keep looking anew at the way they approach their work. Ask people what works well and what doesn't.

7. Be supportive

Respond enthusiastically to all ideas. Never make someone offering an idea, however hopeless, feel foolish. Give even the most apparently outlandish of ideas a chance to be aired.

8. Tolerate mistakes

A certain amount of risk-taking is inevitable with creative thinking. Allow people to learn from their mistakes. Don't put off the creative flow by making employees feel bad about any ideas that don't work out.

9. Reward creativity

Motivate individuals or teams who come up with winning ideas by actively recognising creativity, for example through an awards scheme.

10. Act on ideas

Creativity is only worthwhile if it results in action. Provide the time and resources to develop and implement those ideas that are worth acting upon.

Following through on good ideas is a powerful way of encouraging staff to keep being creative, coming up with more new ideas to improve the business.