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Youth


To compliment the Southwark Educational Alliance services Business Extra helps 18 – 30 year olds to get into business in Southwark.

Over half of the Business Extra clients are in the youth category.

Youth – Our future!

Business Extra aims to assist in the greater participation of youth in enterprise, as part of its mission to champion inner city enterprise by providing mould breaking, independent, one stop services to practically support sustainable enterprise.

Business Extra through its attractive High Street location and friendly professional staff has been able to attract a significant number of youth clients, who have turned to Business Extra as either the first point of business support contact, or after being referred by another agency.

Premises

One of the main problems facing youth start-up enterprise in Southwark is the lack of suitable premises. There are many young people, who have successful developed their business plans and secured finance but cannot start up in business because they cannot find suitable premises.

Business Extra is developing plans to raise the finance to start up a Youth Enterprise Centre, which will provide youth incubator space with business support and training on site, together with drop-in and day child care facilities.

The child care facilities are very important as a means a getting young people with parenting, to be able to realistically start-up a successful business.

The incubator approach helps ensure that good quality advice is on hand to reduce the risk of failure. The idea is that once the youth business is up and running it will then be able to better meet the requirements for renting premises in the open market.

Young Enterprise UK

Young Enterprise UK runs a series of programmes to help young people develop practical business skills and to understand how to become entrepreneurs.

In its company programme, students aged 15 to 19 are invited to set up and run their own businesses over the course of one academic year, after which they submit a report and accounts for a competition to find the best young entrepreneur.

Times Online offers students a series of articles with enterprise information and advice.

Consistency vital to communicate identity

By Alex Hawkes
More than 3,500 companies run by teenagers throughout the UK are jostling for position in the early rounds of the Young Enterprise Company of the Year Competition.

http://business.timesonline.co.uk/article/0,,12774-1085695,00.html

Choosing a name

For every inspired naming decision in corporate history there is at least one disastrous name that has ruined a successful brand

http://business.timesonline.co.uk/article/0,,12774-875755,00.html

Finding an idea

Finding a good idea is the first challenge for the thousands of students participating in the 2004 Young Enterprise competition

http://business.timesonline.co.uk/article/0,,12774-884641,00.html

Public speaking

Entrants in the competition to find the nation’s top Young Enterprise company are about to tackle what, to many, is a terrifying task — public speaking

http://business.timesonline.co.uk/article/0,,12774-1069135,00.html

Trade stands

As part of the competition to find the nation’s top Young Enterprise company, students must produce a trade stand designed to their firm’s ethos

http://business.timesonline.co.uk/article/0,,12774-1077461,00.html

UK company of the year

As every Young Enterprise company will know, competition is hotting up. The race to find the Young Enterprise company of the year has begun

http://business.timesonline.co.uk/article/0,,12774-1061067,00.html

Business plans

Those who are struggling with their business plans should not worry. Writing a good business plan is an art that many entrepreneurs fail to master

http://business.timesonline.co.uk/article/0,,12774-894556,00.html

Testing time

Young Enterprise gets students out of the classroom and into the world of business. But now, after months of working on their companies, it’s exam time

http://business.timesonline.co.uk/article/0,,12774-1044421,00.html

Filing reports

Young Enterprise companies have to provide a detailed analyses of profit and loss and their activities over the course of their company programme

http://business.timesonline.co.uk/article/0,,12774-1044421,00.html

Making contacts

Why not visit a trade fair, make some contacts and breathe life into your business model?

http://business.timesonline.co.uk/article/0,,12774-1027423,00.html

Gaining experience

You have slogged away for three months building your company. You have worked through your lunch hours and evenings to make it a success but what are you getting out of it?

http://business.timesonline.co.uk/article/0,,12774-1018954,00.html

Number crunching

Is maths your thing? Can you make computer spreadsheets? If so, the Young Enterprise company scheme could test your abilities to the full. If not, you might want to get some outside help.

http://business.timesonline.co.uk/article/0,,12774-1008883,00.html

Gaining advice

All businesses can occasionally benefit from third-party advice. Involving a consultancy or other impartial source can help a business to move forward, or to find an innovative solution to a problem

http://business.timesonline.co.uk/article/0,,12774-1000721,00.html

Patent protection

Is your product unique and unprecedented? Do you want to make sure you get the most value from it before others realise its potential?

http://business.timesonline.co.uk/article/0,,12774-991843,00.html

Publicity

Young Enterprise companies which have had success with sales in their local area may wonder how can they spread the word further afield and capitalise on their success

http://business.timesonline.co.uk/article/0,,12774-983739,00.html

Staff morale

Sluggish staff? Having difficulty motivating them? It’s a problem that Young Enterprise teams around the country are experiencing, and one that is familiar to every entrepreneur

http://business.timesonline.co.uk/article/0,,12774-966293,00.html

Innovation

Innovation is about keeping customers interested and ensuring they stick with your products rather than switching to a competitor’s.

http://business.timesonline.co.uk/article/0,,12774-966293,00.html

Capitalise on Christmas

Christmas represents a possible sales boom for the three thousand companies on the Young Enterprise scheme, but it will also be a challenge to estimate the extra demand.

http://business.timesonline.co.uk/article/0,,12774-921000,00.html

Website sales

The drive to boost sales is under way for students taking part in the Young Enterprise 2004 competition. What if there was a way of reaching an unlimited audience across the world? With a website you can.

http://business.timesonline.co.uk/article/0,,12774-912374,00.html