Date: 27 Aug 2011 3 Comments General Posted by: Andy
When I was thinking about setting up the cake company I started to seek out some help and advice. As much as I would have liked to think, I didn’t know much about business. I have initiative and can be self motivated so I knew I could do it, but I had lots to learn about the nitty gritty accounting, legalities, tax, marketing etc.
The Prince’s Trust Enterprise Scheme is a fantastic stepping stone for unemployed young people aged 18-30 looking at careers in self-employment, I would advise any young person out there who is thinking about it to get in touch with them. You don’t have to have done a business plan or know anything about business!
Its there to help you understand what qualities you need to have in order to make your idea into a viable and prosperous future. You may find running a business is not for you, as there are many negatives and obstacles involved, but at least you have explored the possibilities and made a decision before you pour money into something that never takes off.
They run a free 4 day start-up course, set up to run though all the basics of being self-employed; from finding out where your personal strengths and weaknesses lie, to finances, tax and accounting.
It’s a great course just to get you focused if anything; it sure put things in better perspective for me. After the course you then have the option to continue with your business idea or not, The Prince’s Trust will support you in either decision you make, even help you into employment, training or education if you find self-employment is not for you, so there is every reason to get in touch!