The government are introducing changes to the way in which Apprenticeships are funded from April 2017. These changes most certainly can affect and benefit your business and we can show you how.
It is statistically proven that most employers are reluctant to participate regularly in training and workforce development.
From 1st May 2017, you can grasp the opportunities that the changes to Apprenticeships present.
So, what are the changes?
- The Apprenticeship Levy comes into force
- Apprenticeships have no upper age limit
- Apprenticeships are available at all levels from entry level to degree level
- If you are a non-levy paying employer (criteria apply) government will pay 90% of the costs (up to a cap).
- If you are a levy-paying employer 100% of the cost of delivery can be claimed back.
Securing your organisation’s stability and growth through the development of your people has always made perfect economic sense. To be given the opportunity to achieve this at 10% of the cost is surely too good an opportunity to miss.
There are only 72 working days left until these changes are introduced. Beta Futures can help explore all your options; simplify the messages and help put the strategies and processes in place that will maximise the ROI that comes with investing in your greatest asset – your people.
Click here to sign up for your FREE consultation on how this can affect/benefit YOU!
Tricky yet rewarding stuff, starting and running your own business can be. A quick google search will leave you with endless tips and how to’s on the matter, but we want to know the ugly side of running a business too – straight from the horse’s mouth! Marie Harris, managing director of Beta Futures, who help start-ups is going to answer the questions we’re all really itching to ask:
- What is the biggest challenge you’ve faced in starting and running your own business?
The biggest challenge was being able to articulate the mission and to develop a brand; we knew what we wanted to achieve but the challenge was how to get it out there.
- How did you overcome it?
We definitely made a few mistakes when we first went out to the marketplace, but having the right contacts is key I would say – we were fortunate to have a critical friend who was able to get to the nub of what we were about and help us to stop dressing it up and justifying ourselves.
Secondly, firm belief in what you are doing is crucial to overcoming any challenges. We provide a service which is not a tangible product and it is difficult to take the concept out there – people need to buy into you and trust you, so unless you believe in your cause they won’t either.
- What are your coping strategies on the ‘bad days’?
I suppose to go back to basics, and I have to remind myself from time to time why we actually started this business and reflect on how far we’ve moved from my kitchen table to where we are now. You just need to give yourself a pat on the back every now and then, because it really is a roller coaster ride.
- Have there been times when you’ve wanted to pack it all in and call it a day?
- What is it that keeps you going in the end?
Belief in the principle of what it is that we’re actually trying to achieve, and positive feedback from customers. And since we are a social enterprise we get feedback from the members of the community also, and knowing that they are benefiting from what we are doing – something as simple as that, makes what we are doing worthwhile!
So, there you have it! An honest insight into the ups and downs of running your own business. Following your dreams isn’t easy work – but as they say, nothing worth having ever is! Want to discuss the possibility of having your passions and ideas formed into reality? Give us a call on 01293 817227 and let’s talk business!