The next generation of entrepreneurs is being supported by a collaboration between Young Enterprise and the Federation of Small Businesses (FSB) – so expect even more fledgling businesses making use of EPOS system services in the future.
Teenagers from Birkenhead, Bristol, East Ham, Edinburgh, Arfon and Chatham, as well as other areas across the country, will be given the opportunity to run their own business in a bid to emphasise the importance of a vocational education to those from more disadvantaged areas.
Small business owners will volunteer their time and experience to serve as mentors for students regarding their companies, with each new business lasting for the academic year.
“This partnership is crucial because businesses are concerned that young people aren't prepared for the world of work. Engaging with employers, education providers and young people is a proven way to remedy this. Research has proven that if a pupil has four or more interactions with a business while at school, they are five times more likely to find themselves in education or training after school,” national chairman of the FSB John Allan said.
Young entrepreneurs just setting out on their own should ensure that they start businesses that are built around their own particular set of talents and strengths if they are to ensure success. Making sure that your heart is in what you’re doing is one sure-fire way of helping to guarantee that your first company gets off the ground quickly – and stays there. You can find more tips for going it alone on the Entrepreneur website.