Graduate Business Start-ups Project Report - The Institute for ...

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unpredictable. But our evidence suggests there is a substantial group of graduates who move into self employment some years after graduation. For some graduates the idea of becoming self employed comes only after experience of the work place; for some, the notion has been around for longer, perhaps since University, developing with experience of the business world, perhaps in employment in an SME. It may, as we know from Graduates Mean Business, be fostered both by good experiences in the work place, and by bad, frustrating ones. Some graduates have consciously been garnering skills, as it might be hard edged skills in knowledge of markets and pricing strategies; or skills in executing their particular specialism or discipline, eg web design, in editing text, in manufacturing or in graphic design. Working in both large and small companies can provide helpful experience and skills. When graduates are ready to look for information and support, then Careers Services may no longer be able to help them, because they are no longer eligible for their services. Current proposals by AgCAS and CSU to extend the network of provision and strengthen Careers Services for graduates in the early years after graduation are particularly welcome for potential entrepreneurs, as it seems that this group may be particularly prone to failing between gaps in provision. Graduate Business Start-ups: Project Report 27
3. Graduates’ Views: in Retrospect, what they would have liked From the survey it is clear there are a number of things graduates would have liked, though not all of our entrepreneurs are convinced their skills can be taught. Information on how to: ! become self-employed, freelance/contract worker ! apply for funding ! get support, advice once you have left university ! work freelance and ‘how to set up business’ where to learn ! some of the know-how skills, eg how to keep basic books, (as distinct from those who wanted to be taught those book keeping skills as part of their curriculum) Training in specific skills generic personal and business skills: ‘how to present oneself, how important it is to get on well with people on a personal level. This ability got me more work than any skill … skills can always be learnt but not communication skills in dealing with people’ ! business skills, such as pricing ! IT skills ! selling and marketing ! accountancy ! stress management ! Tax — ‘basic understanding of self employment jargon, ie Tax codes, NI contributions etc.’ 28 Graduate Business Start-ups: Project Report
Page 1 and 2: the Institute for Employment Studie
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Page 6: Contents 1. Graduate Business Start
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Page 11 and 12: levels increase over time. At a mor
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Page 17 and 18: The Results of the Project Main fin
Page 19 and 20: This means, as well, that when thes
Page 21 and 22: Chapter 6 presented the data on the
Page 23 and 24: ! they were looking to the future w
Page 25 and 26: One way of dealing in future with s
Page 27 and 28: HEQED) of researchers working on a
Page 29 and 30: Annexe 1: A Good Practice Guide for
Page 31 and 32: graduation, while others return to
Page 33: Background to Good Practice farmer)
Page 37 and 38: 4. Developments Under Way: Some Ini
Page 39 and 40: Studying a business plan is part of
Page 41 and 42: Attitudes of Students ! Some studen
Page 43 and 44: Examples of Good Practice Possible
Page 45 and 46: in which local Business Links opera
Page 47 and 48: Organisations Offering Training in
Page 49 and 50: 7. Resources There is a wide range
Page 51 and 52: Many of the organisations offering
Page 53: access entrepreneurs from their own

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