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SELF-EMPLOYMENT AND FREELANCING

Based upon a workshop originally developed by. B usiness E nterprise S upport T eam. Project Part-Financed by the European Union European Regional Development Fund. SELF-EMPLOYMENT AND FREELANCING. HAVE YOU GOT WHAT IT TAKES?. Based upon a workshop originally developed by. B usiness

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SELF-EMPLOYMENT AND FREELANCING

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  1. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund SELF-EMPLOYMENT AND FREELANCING HAVE YOU GOT WHAT IT TAKES?

  2. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund THIS SESSION • 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

  3. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund WHY CHOOSE TO BE SELF-EMPLOYED?

  4. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund SUCCESS STORIES WE’VE HEARD OF…

  5. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund WHAT DOES IT TAKE 66% of all start up businesses fail in the first 3 years Can you cope with…… • Handling knockbacks • Chasing payments • Motivating yourself and organising your time • Promoting yourself • Lack of security

  6. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund SETTING YOUR GOALS • 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?

  7. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund MORE GOALS… • How do you know there’s a market? • What market research do you need to do? • Who are your potential customers • How are you going to let them know about your product or service?

  8. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund AND MORE GOALS… • 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?

  9. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund On a scale of 1-10 • 1= very unsure • 10= very definite • How sure are you that you want to go ahead?

  10. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund 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

  11. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund • www.business.mmu.ac.uk/business/nes • www.shell-livewire.org • www.princes-trust.org.uk

  12. This workshop was first designed and delivered as the first in a series of master classes for graduates by BEST (the Business Enterprise Support Team). BEST was originally established by the University of Salford with ERDF funding and subsequently delivered in partnership with MMU and Lancaster University. Based upon a workshop originally developed by Business Enterprise Support Team Project Part-Financed by the European Union European Regional Development Fund

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