SELF-EMPLOYMENT AND FREELANCING

HAVE YOU GOT WHAT IT TAKES?

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

Why choose to be self-employed?

What does it take to be self-employed?

What is your specific idea and what do you need to do next?

Some sources for further help

THIS SESSION

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

WHY CHOOSE TO BE SELF-EMPLOYED?

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

SUCCESS STORIES WE’VE HEARD OF…

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

66% of all start up businesses fail in the first 3 years

Can you cope with……Handling knockbacksChasing paymentsMotivating yourself and

organising your timePromoting yourselfLack of security

WHAT DOES IT TAKE

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

What specifically do you intend to do?

What motivates you to do it?When? What’s a realistic time

frame for your idea?Who will be involved?Where will all this happen?

SETTING YOUR GOALS

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

How do you know there’s a market?

What market research do you need to do?

Who are your potential customersHow are you going to let them

know about your product or service?

MORE GOALS…

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

How much do you need financially in order to: (a) Set up (b) keep the business going and (c) to develop the business in the future?

If freelancing, what will your daily rate need to be?

What finances can YOU put into your idea?

What equipment do you need in order to get started?

If it all goes wrong… what is your fall back plan?

AND MORE GOALS…

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

On a scale of 1-10

1= very unsure

10= very definite

How sure are you that you want to go ahead?

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

Some Sources of Support:

www.prospects.org.uk/links/SelfEmp

www.ncge.org.uk

www.manchester-business.co.uk

www.cids.co.uk

www.target-training.com

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

www.business.mmu.ac.uk/business/nes

www.shell-livewire.org

www.princes-trust.org.uk

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam

This workshop was first designed and delivered as This workshop was first designed and delivered as the first in a series of master classes for graduates the first in a series of master classes for graduates by BEST (the Business Enterprise Support Team). by BEST (the Business Enterprise Support Team).

BEST was originally established by the University of BEST was originally established by the University of Salford with ERDF funding and subsequently Salford with ERDF funding and subsequently

delivered in partnership with MMU and Lancaster delivered in partnership with MMU and Lancaster University. University.

Based upon a workshop originally developed by

Project Part-Financed by the European UnionEuropean Regional Development Fund

BusinessEnterpriseSupportTeam