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Self employment

September 20, 2011 by admin
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Self employment

self employmentIf you have a good business idea, working for yourself can be very rewarding, but it can take a lot of hard work and dedication. If you want to become self-employed, find out about the free help and support available, and whether you qualify for the New Enterprise Allowance.

Getting started with your business idea

There are lots of good reasons for wanting to work for yourself, like:

  • having a great idea or passion that could be turned into profits
  • wanting to work from home to fit in better with family commitments
  • wanting to take more control of your life and be your own boss

If you get it right, being self-employed can be exciting, rewarding and challenging.

Information and support for new businesses

If you want to become self-employed, there is plenty of free information, advice and practical support available for you. You can get help with topics like:

  • how to plan a business
  • how to raise finance
  • how to make sure you have enough to live on while you get your business off the ground

Support is available for both new and existing businesses, and can help you meet all the legal and financial requirements of being self-employed.

Business Link, Business Gateway and Business support Wales

You can find information, advice and support to help you start, maintain and develop your business from the following places:

  • England – Business Link
  • Scotland – Business Gateway
  • Wales – Business support Wales

What other help is available

General help and advice is available from Business Link, Business Gateway and Business support Wales. Additional support is also available for jobseekers through Jobcentre Plus.

New Enterprise Allowance

The New Enterprise Allowance will give people getting Jobseeker’s Allowance access to business mentoring and a financial package worth up to £2,000. This includes a weekly allowance and access to a small loan.

The New Enterprise Allowance may be available if both the following apply:

  • you are claiming Jobseeker’s Allowance
  • you have been unemployed for 26 weeks or more

The New Enterprise Allowance is now being rolled out and will be available across Great Britain in August.

Enterprise Clubs

Help may also be available through Enterprise Clubs. Enterprise Clubs will provide unemployed people interested in self-employment with a place to:

  • meet and exchange skills
  • make contacts
  • share experiences
  • receive support
  • encourage each other to work through their business ideas
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Filed Under: Self employment Tagged With: Self employment

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