Portfolio of evidence
To make learners aware of self-employment as an option and how it differs from employment, and develop their understanding of the need to plan and the support available to people preparing for self-employment.
Know about self-employment.
Give examples of different types of products or services that can be offered by self-employed people.
State some of the key differences between working for yourself and being employed by someone else.
List some key advantages and disadvantages of self-employment.
Know about planning for self-employment.
Identify the key areas to consider when planning to be self-employed.
Identify sources of support for preparing for self-employment.
Know about income and expenditure.
Identify the main sources of income for a possible business.
Identify the main types of expenditure for a possible business.