Starting your own business
You may be thinking of becoming an entrepreneur and starting your own business.
Being your own boss can be very rewarding, but there are some things you need to consider.
Benefits of running your own business
There are many benefits to running your own business.
- doing something you enjoy
- being able to work the hours you want
- working on your own
- high job satisfaction
The Prince’s Trust has information on choosing between self employment or employment.
Things to think about before you start
You should write a plan for your business. This helps you be clear on what you plan to do and how you plan to do it.
You will also need a business plan to apply for funding.
GOV.UK has information on writing a business plan.
The Prince’s Trust has business plan templates and top tips.
Our youth employment team (works4you) has employability and skills mentors that can help.
Help with starting your own business
There is local and national support to help you start your own business.
Business West has information on start up funding.
The cool ventures website has information on funded support for businesses and entrepreneurs.