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The National Careers Service provides information, confidential and impartial advice to help you make decisions on learning, training and work opportunities.

Skills Health Check is available to help you explore your skills, interests and motivations and help you decide what kind of jobs might be right for you.You’ll be able to download your report once you’ve completed at least one assessment.

Also available is an A-Z Job Profile database to help you find out what a job involves and if it will suit you.

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Starting Your Own Business

Starting Your Own Business

INTRODUCTION TO STARTING A BUSINESS

If you have been made redundant, or cannot find a job after school, university or leaving the Armed Forces, why not consider starting your own business? Starting up a business can provide you with a more rewarding life, but there are no guarantees.

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Starting Your Own Business

WHERE TO START

Thousands of people set up their own businesses every year. Some do it because they want to work for themselves, others because they have a great idea and have spotted a gap in the market.

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Starting Your Own Business

BUSINESS PLAN

A business plan is a written document that describes your business. It covers objectives, strategies, sales, marketing and financial forecasts. You’ll need a business plan if you want to secure investment or a loan from a bank.

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Starting Your Own Business

BUSINESS STRUCTURE

The legal structure you choose for your business is fundamental to the way it operates. You need to think carefully about which is the best structure for the way you intend to do business as it will affect your financial liability, tax and National Insurance and the ways your business …

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Starting Your Own Business

RAISING FUNDS

Raising funding for your small business is one of the first hurdles that you may face. In addition to bank loans there is a range of alternative sources of finance available.

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Starting Your Own Business

SETTING UP & RUNNING A BUSINESS

Whether you set up as a sole trader, partnership or limited company, your business is likely to involve working with more people to develop and sell your idea – including partners, suppliers, distributors and advisors.

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Starting Your Own Business

EMPLOYING STAFF

As your business expands you may decide that you need extra help or people with specific skills to help you run your business and it might be necessary to take on employees.

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Starting Your Own Business

NATIONAL MINIMUM WAGE AND NATIONAL LIVING WAGE

The government introduced the National Living Wage from April 1, 2016. If you are an employer you need to take the necessary payroll action to ensure all workers over the age of 23 are being paid at least the minimum wage.

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Starting Your Own Business

TAXATION & VAT

HM Revenue & Customs (HMRC) have comitted to make dealing with tax as simple and straightforward as possible, so giving small businesses greater confidence and certainty.

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Starting Your Own Business

WORKPLACE PENSIONS

As an employer government legislation requires you to automatically enrol some or all members of your workforce (depending on age and salary level) into an approved pension scheme. You may also be required to make contributions to this pension scheme.

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