A brand-new guide to support and encourage unemployed people to set up a business has been launched by Start Up Loans, in collaboration with the Department for Work and Pensions (DWP) and HMRC.
The Fresh Start Guide is tailor-made to help people choose a new direction.
With guidance on everything from building confidence and researching ideas to finance options and information on how being self-employed could impact welfare benefits, the guide provides comprehensive support to unemployed people who might consider entrepreneurship as a career option.
The support will sit alongside existing support provided by jobcentres, including work coaches who support those looking to start their own business and the Start Up Loans programme, which provides up to £25,000 in funding.
For further information please select the following link: British Business Bank.
Thinking of starting a business?
Business Wales is here to help you with your first steps into self-employment with practical range of guidance and business support. We have free factsheets on business topics and access to business advice and guidance to help you choose the right business for you, along with online resources to build your confidence in starting a business.