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Self-employment is a viable profession path, regardless of ONS current report

Just lately, the BBC introduced a section inside their BBC Breakfast broadcast, discussing self-employment statistics. Pulling reference from the Workplace of Nationwide Statistics (ONS), the BBC make clear the autumn in these registered as self-employed.

Discussing self-employment in additional element, BBC reporter Ben Bland says “Being self-employed may be the dream for a lot of, however not for all”. Ben Bland goes on to debate the self-employment figures, in accordance with the ONS, explaining that within the yr 2000, 3 million staff had been registered as self-employed. The determine grew to five million by the yr 2019, adopted by a fall to 4.2 million by the summer time of 2023. Ben goes on to debate that the pandemic made self-employment much more tough.

The Institute of Enterprise and Entrepreneurs (IOEE) recognises that the pandemic created challenges that many individuals had by no means skilled earlier than. Nonetheless, the pandemic additionally provided entrepreneurs some surprising alternatives.

With the IOEE nurturing a community of entrepreneurs from around the globe, the need to turn into self-employed continues to be as robust as ever. There was one other issue that has contributed to the autumn in self-employment charges.

Andy Chamberlain, Director of Coverage at IPSE, states “There was help for self-employed individuals, however not everybody certified for it. Some individuals obtained nothing in any respect, in order that made life very tough, most likely not possible for lots of these companies” highlighting the oversight of self-employment as a profession through the pandemic.

Andy Chamberlain went on to debate how a change in off-payroll tax guidelines had contributed to many individuals selecting to affix the employed workforce, as a substitute of pursuing their self-employed dream.

In the course of the pandemic, the IOEE stepped in to help start-up enterprise homeowners with an array of help for them and their companies. Present entry to mentoring, marketing strategy templates, e-learning modules and a variety of video assets by means of their small enterprise survival toolkit.

Following the pandemic, their help didn’t finish. The IOEE launched a mentoring challenge in response to the pandemic, supporting those that had been affected by the pandemic. The IOEE positions itself because the main community for entrepreneurs, and people on an enterprise academic journey.

In mild of the current challenges mentioned by the BBC concerning self-employment, the IOEE stands agency in its perception that self-employment stays a viable and rewarding profession path. Regardless of the fluctuations highlighted by the ONS and the hurdles introduced through the pandemic, the IOEE continues to nurture a worldwide community of entrepreneurs. The IOEE encourages anybody contemplating self-employment, to affix their community of entrepreneurs and discover the continuing help accessible to them. The IOEE is right here to information enterprise homeowners on their journey towards a profitable and fulfilling self-employed profession.