YOUNG ENTERPRISE OVERVIEW The Young Enterprise scheme enables participants to gain practical experience of the business world by setting up and running their own companies. Its aim is to inspire and equip young people to learn and succeed through enterprise. Each company typically has between 1215 members and carries out the following activities: • • • • •
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Deciding on a company name and establishing a brand or identity Electing members to the key posts within the company Deciding on products and services to offer to the marketplace Selling shares to raise capital Trading from October to April with a view to making a profit Winding up the company by paying dividends, writing a report and holding an AGM Paying taxes
Entry requirements There is no coursework as such but participants will be expected to attend certain functions such as training and enterprise activities in their own time, and also be willing to volunteer to sell their products on occasions outside of the school day.
An interest in the business world and willingness to work in a team
Companies also take part in trade fairs where they compete with other local Young Enterprise teams and give an account of their dealings at a presentation evening.
COURSE LEADER Miss K E Chalk
Throughout the year participants are supported by business advisers from local organisations as well as a Centre lead from the school. The aim of Young Enterprise is that students should ‘learn by doing’ and have fun while gaining skills and confidence as they gain insights into the world of business.
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