We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Some advice needed on the old new deal and starting a business (or not).

Hi, I've been unemployed for 18 months and am now on the old new deal, I live in Bristol and they don't have the flexible new deal yet.

I am about 6 weeks into it and I have two options: starting a small business or being referred to a company who will place me in employment for thirteen weeks, I can't remember the name of it except it definitely starts with an S and it isn't A4E.

I have had a meeting with the local business link people who think the business is viable and I have a follow up meeting this week to discuss budgets and any further ideas I might add to the business, but essentially I am unsure of how I'll survive if I don't make any money.

Although this might sound negative, if the business doesn't work how am I placed to receive JSA after the 13 week period is over, and although the idea of starting a business is more appealing than a 13 week stint in poundland or whatever, am I better off biting the bullet and doing my time and spending a couple of months finessing the business idea for future reference.

As far as employability goes I'm convinced that starting a small business, even if it failed would be better than taking any job I'm given but by the same token I don't want to waste anyone's time.

Any advice would be welcomed, although any trolling on the welfare scrounger tip isn't exactly what I'm looking for so don't waste your time.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.5K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.