New Enterprise Allowance scheme - My story

dktreesea

chopperlamb wrote: »

Well ive now been kicked off ESA, so my nea help is now out of the window. The process as a whole was very disappointing and far to difficult for me to understand, as my computer skills only extend to surfing the net and anything else is way to advanced.
Ive managed to secure a loan off a family member, so will be starting to trade from Wednesday without the help of the government.
I think the nea scheme would work far more effectively if it was massively simplified. infact I would say the whole experience has taken the joy out of starting my business, heres looking forward to making some money without having to deal with the government crap. you can shove your nea where the sun don't shine.

Don't forget to register with HMRC as self employed, so that you can claim working tax credit. I know it is not much, but sometimes it gives you a little breathing space at the beginning.

dktreesea

chopperlamb wrote: »

@TrueBlue1965.
I think you are talking a lot of waffle to be fair. not everything is done online.
I went to the EHO's office to register with them. (was able to trade from 1/4/14)
you don't need street trading licences to sell hotdogs from a bike. you need a pedlars certificate, which is issued by the police, if you are deemed of good character. (I already have mine).
you need liability insurance. (I bought mine over the phone).
food hygiene certificate ( novel idea I left the house and went somewhere to do it)
Income and out goings (another novel idea, ive kept the receipts and written everything in a book ready to give to my accountant).


I also think your post is quite snotty and rude, towards me. not all of us can use computers properly, but please don't talk down to me again.


Oh by the way, I sold hotdogs for the first time today, in crappy windy conditions and made over £110 in profit, so I think yes I can run a viable business, without the use of the computer or the help of the NEA sheme.


To everyone else, this was to be a standard post saying I did well on my first days sales, but had to come here and read that rubbish off TrueBlue1965. A positive outlook and you can achieve your goals and no you don't need a computer to do this.
kind regards
chopperlamb

Good on you. There's a chap down in one of our local town centres who sells food - just hot dogs as well. I always wonder what he does if it rains, but he seems to do a roaring trade when he's around.

TrueBlue1965

Andy, do these figures make the point?

I suspect you and the other 6 people in your area where unlucky to be on a scheme that clearly was not fit for purpose. Its to your credit that you followed your dream and made it work for you. That does not mean that every NEA scheme was/is like yours. In fact, it suggests the opposite.

I,ve also seen more up to date figures that suggest a similar success rate for those on NEA but i,ve not tracked them down, yet.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/225167/NEA_benefit_status_ad-hoc_v3.pdf

Results
Table 1 illustrates the
proportion of the cohort that remain off benefit
continuously for 13/26/52 weeks after allowance start and Figure 1 shows the
proportion of the cohort on/off benefit in
any of the 52 weeks tracked. The
results show that of the 2,960 starts to the weekly allowance between April and December 2011:


• 78% of individuals were continuously off benefit for 52 weeks after their allowance start; the proportions at 13 and 26 weeks were 97% and
90% respectively. As discussed in the introduction, this is a high-end
proxy for sustained self employment; there may be other reasons for remaining off benefit.

• 85% of individuals were not in receipt of out-of-work benefits 52 weeks after starting the allowance; the proportions at 13 and 26 weeks were 97% and 91%.

Andy2013

Andy, do these figures make the point?

You gave the impression you had seen figures , I asked to see them out of interest, so yes , numbers speak volumes.

I hope you did not spend all evening trying to get this info, posting the link at half past midnight !!!:eek:

This is more like I was after although totally out of date ending with December 2011.

Something later than 2 and half years would be good as lots have changed since then and the scheme itself was in its infancy after the previous mentoring scheme folded in place of NEA

If you come across the more recent ones please let me know, its more relevant to our own recent experiences.

So the answer to my question after all the back and forth was NO you don't have the figures you claimed to have seen ( although you did scour the internet to find something to back you up )

I will leave it there because its getting boring know but please don't sound all full of wisdom without any substance because people on here need the truth to make there own minds up.

And the reason my business is a success .................. is because I don't let go when I get my teeth in , and if I sell a product or make a statement , there is truth and substance behind it :cool:

TrueBlue1965

Quote
You gave the impression you had seen figures , I asked to see them out of interest, so yes , numbers speak volumes.

Thats not true Andy. You challanged me to find the figures and thats what you have got.

Quote
I hope you did not spend all evening trying to get this info, posting the link at half past midnight !!!:eek:

No, Andy. I have a business to run. Sales to sort-out. Kids to look after. So, no. I did not scour the internet to find those figures. I had better things to do! Its not very often that I have the time to post on this forum before midnight.

Quote
And the reason my business is a success .................. is because I don't let go when I get my teeth in , and if I sell a product or make a statement , there is truth and substance behind it :cool:

Its a good job you dont need to understand reports and statistics to run your business, Andy, lol. Let me explain the figures for you. 2,960 people started NEA between April - December 2011. They where followed over 13/26/52 weeks to see how many of those people made claims for benefits. The study finished in December 2012. That was only 17 months ago. The report was published in July 2013. So, those stats are quite new.

We both agree that NEA has changed in the last year or so. Its probaby better. now than when that study was completed. A £2,500 loan for a start. One of the things that the findings of the two reports highlighted to give more new NEA business a better chance of success

The truth is Andy, that NEA is the only support that most of us have. Lucky you for being able to start and run your business without any NEA support. :T Many of us could not start our business because of many different barriers that you clearly dont understand. There are problems with schemes like yours. Clearly, you where let down but thats not the case for others. There are many schemes that are being run correctly and the success rate overall is very high. :beer:

dktreesea

TrueBlue1965 wrote: »

Andy, do these figures make the point?

I suspect you and the other 6 people in your area where unlucky to be on a scheme that clearly was not fit for purpose. Its to your credit that you followed your dream and made it work for you. That does not mean that every NEA scheme was/is like yours. In fact, it suggests the opposite.

I,ve also seen more up to date figures that suggest a similar success rate for those on NEA but i,ve not tracked them down, yet.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/225167/NEA_benefit_status_ad-hoc_v3.pdf

Results
Table 1 illustrates the
proportion of the cohort that remain off benefit
continuously for 13/26/52 weeks after allowance start and Figure 1 shows the
proportion of the cohort on/off benefit in
any of the 52 weeks tracked. The
results show that of the 2,960 starts to the weekly allowance between April and December 2011:


• 78% of individuals were continuously off benefit for 52 weeks after their allowance start; the proportions at 13 and 26 weeks were 97% and
90% respectively. As discussed in the introduction, this is a high-end
proxy for sustained self employment; there may be other reasons for remaining off benefit.

• 85% of individuals were not in receipt of out-of-work benefits 52 weeks after starting the allowance; the proportions at 13 and 26 weeks were 97% and 91%.

Mmm, but what I would like to know is what happened to their businesses after that, i.e. once the allowance stopped and they were just reduced to claiming WTC? WTC is a lot less than JSA.

I would like to see some figures for say 2 years or even 5 years down the track, maybe not for the current circumstances but once the minimum income floor comes in.

tomterm8

dktreesea wrote: »

Mmm, but what I would like to know is what happened to their businesses after that, i.e. once the allowance stopped and they were just reduced to claiming WTC? WTC is a lot less than JSA.

I would like to see some figures for say 2 years or even 5 years down the track, maybe not for the current circumstances but once the minimum income floor comes in.

I kind of doubt universal credit will ever be implemented...

One of the things I've wondered is what happens if the business fails? Does the NEA extend the linking period? i.e. do you end up at the same stage in the claim or are you making a new claim?

Andy2013

Thats not true Andy. You challanged me to find the figures and thats what you have got

TrueBlue1965 im not going to drag this on forever, but in post 1062 you clearly state, " The figures don't lie"

I asked to see them

Its a good job you dont need to understand reports and statistics to run your business, Andy, lol. Let me explain the figures for you. 2,960 people started NEA between April - December 2011. They where followed over 13/26/52 weeks to see how many of those people made claims for benefits. The study finished in December 2012. That was only 17 months ago. The report was published in July 2013

Wrong they ended in December 2011 and its irrelevant when it was printed, so as I have said before ,out of date.

This publication contains statistics describing the benefit circumstances of the first cohort of people who started on the weekly New Enterprise Allowance (NEA), between April and December 2011

You do like to try to talk people down , claiming I cant understand stats, what a ******* *** ,and how rude , and this was the initial reason I took you on as you upset chopperlamb a few posts back when telling him how to run his nosiness.

You annoy me, and if your business fails ( which I do hope does not happen as I am sure you have worked damn hard) you could become a politician with all your quotes

There are many schemes that are being run correctly and the success rate overall is very high.

aaaaaaaaaahhhhhhhhhhhhhhhhhhhh , not again !!!!!!!!!!!:rotfl:

Andy2013

Mmm, but what I would like to know is what happened to their businesses after that, i.e. once the allowance stopped and they were just reduced to claiming WTC? WTC is a lot less than JSA.

I would like to see some figures for say 2 years or even 5 years down the track, maybe not for the current circumstances but once the minimum income floor comes in.

This is what I am also after and had hoped TrueBlue1965 could shed some light on when saying they had "figures that don't lie" as this would show success or failure in much more open terms , once NEA stops and the payments end it would be interesting to see how many can not continue and have to go back on to JSA .

TrueBlue1965

dktreesea, I would love to know those figures too but those figures are either not available and unfortuately we cannot see into the future. What we do know from past experience is that new businesses set-up in difficult economic times do better in the good economic periods. Then, when the economy becomes more difficult again. These businesses are able to servive and thrive. Many of the businesses which are set-up in the good economic times are more likely to go under. I think its about planning, taking control and building good foundations for the future. NEA offers us the best chance of that at the moment.