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King's Lynn's Human Capital Department offers top tips for new businesses starting up in 2020

For more than 600,000 people in the UK, starting a new business will be high on their list of New Year’s Resolutions.

However as 20 per cent of these businesses will fail in the first year and 60 per cent in the first three years. The reason why so many new businesses fail is that the owners lack management skills, including accounting and people management, and the businesses are not innovative.

If you are thinking of starting up or are an existing business or are looking to expand, it is well worth seeking out advice and support from organisations such as Nwes, who help by providing training courses and coaching support, much of which is free.

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