Are you full of good ideas and like to make things happen, but you don’t know whether starting-up your own business is for you?
About two per cent of UK graduates decide to become their own boss directly after graduation, and many more aspire to run their own business in the longer term.
Whether you already have a clear idea and are taking practical steps towards your dream, or you are just starting to consider self-employment, there are a number of issues that you will need to think about before deciding if this is the best option for you – including business structure and planning, lifestyle implications, finance and premises.
Why consider it?
There are many potential benefits of being self-employed, including:
However, you also need to consider some of the risks:
Would it suit me?
You will need a strong product or service to offer. In addition, having the following personal qualities will help:
What are the options?
Where can I get further help?
The Enterprise and Entrepreneurship Team at BCU offer advice and support for students and graduates interested in self-employment. We have a range networking events, workshops, start-up programmes and other activites for UK, EU and International students, graduates and staff across the academic year to reach, engage and help participants.
Here is some further information about the initiatives that you can consider:
Prince’s Trust Start-up Day
In partnership with The Prince’s Trust we run three start-up days for BCU students and graduates across the academic year with four individual sessions around business planning, business registration and funding and investment.
Enterprise and Entrepreneurship run start-up sessions for students, graduates and staff across the academic calendar - a total of six workshops a year. Sessions cover starting-up | concept design and development, financial planning, concept overviews, business planning, funding and investment and pitching. Sign-up for the sessions through our What’s on pages.
In collaboration with the STEAMhouse programme, the Enterprise and Entrepreneurship team help engage with local SMEs to design, develop, create and run ten two-day STEAMlab challenges a year for BCU students and graduates. This enables you to work on and gain commercial experience and exposure that supports enterprise and entrepreneurship, as well develop your employability skills to gain graduate level employment. More information on go to the STEAMhouse.
Support for BCU staff
The Enterprise and Entrepreneurship team supports course leaders and lecturers across the university to offer students insight in to enterprise and entrepreneurship on the curriculum with one-off and on-going sessions both on undergraduate and post-graduate degrees. We can also support the development of enterprise and entrepreneurship modules and courses, such as the MSc in Applied Entrepreneurship we are helping to develop in the Business School. We aim to replicate success like this across other schools and courses. Course Leaders and Lecturers within BCU that require support to develop or deliver enterprise and entrepreneurship activity on courses please contact - email@example.com