YOUTH ENTERPRISE & MICROBUSINESS NEWSLETTER EDITION 8 - 2021 Connect With Us
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News & Events
MC4C online forum
After the success of the last online forum MC4C are arranging another community forum for all to be involved (date TBC). The purpose of the online forum is to provide an opportunity for communities to be informed about the support MC4C maybe able to provide to some of the young people they work with. The previous forum was very successful and we received lots of positive feedback. We want to capture people’s attention with information about our regular business support sessions, which focus on more in-depth topics relevant to starting up your own business and we want to inform and encourage young people to seek our help. If you would like to attend, please register your interest by emailing Judith.Meza@hullcc.gov.uk.
New Champion Lord Norton of Louth has become an Honorary Vice President of the John Cracknell Youth Enterprise Bank that supports young entrepreneurs as well as supporting enterprise education activities in Hull, East Riding and Ryedale. Lord Norton of Louth is an English author, academic and Conservative peer. He has been described as "the United Kingdom's greatest living expert on Parliament" and a world authority on constitutional issues. Tony Robinson OBE, Patron of the John Cracknell Youth Enterprise Bank said "We are delighted that Phillip is to become our latest Honorary Vice President, he brings wide raging experience in academia and politics to help us, as we look to support more young people realise their business dreams. We are extremely lucky to have his support as he can also raise issues in the House of Lords. We will be announcing more Honorary Vice Presidents from across the world from the world of business, education and politics" Lord Norton of Louth said "I was very pleased to become an Honorary Vice President of the John Cracknell Enterprise Bank. I think it’s brilliant what the John Cracknell Youth Enterprise Bank does and I am looking forward to working with them to support young people in Hull to become young entrepreneurs."
YOUTH ENTERPRISE & MICROBUSINESS NEWSLETTER EDITION 8 - 2021
Micro Business Support Tierney Strength Ltd Sean and Jaimie
“Tierney Strength Ltd is a family run strength and conditioning business within the City of Hull. We want to bring people back together with our unique MST training methods (modified strongman/woman training). We are offering personal one on one sessions along with our MST Bootcamps. A different style of everyday training with unique pieces of equipment suitable for all ages, genders, beginners and advanced we can help with all your training goals. The MST style of training is enjoyable and rewarding, you will be amazed with your progress no matter what your goals are. Together we will achieve it. Thanks to the support of the Microbiz webinars and Tracy Sheldon from the start up support service, who has helped us to turn our idea into an achievable plan. They helped us bring our dreams into reality by guiding us in the right direction and helping us focus on the main priority which is to help the community of Hull live a healthier and happier life. Let’s make keeping physically and mentally fit a much more enjoyable experience.” Contact Tierney Strength via email: tierneystrength@hotmail.com or visit their Instagram or Facebook using the handle @tierneystrength.
Many Happy returns One young participant registered with an accountant and signed up as a limited company two months before she started with MC4C. For someone who expected to turnover a few thousand a year selling wax melts, this was overkill – with more complicated paperwork and tax. So she parted with her accountant and asked to be de-registered. She re-registered as a sole trader – and received demands for two tax returns, for both businesses. Graham from MC4C helped her with both but the demands didn’t go away and finally she was told she had 14 days to comply. It was encouraging to see that she took matters into her own hands. She rang Companies House who told her the business was still active, which was the cause of the HMRC demands. She was able to deactivate the business by paying £8! She rang HMRC who confirmed that all was now in order. Take the initiative, be positive and things have a habit of sorting themselves out!
YOUTH ENTERPRISE & MICROBUSINESS NEWSLETTER EDITION 8 - 2021
John Cracknell Youth Enterprise Bank Grants
Windows, Wax and Hard Work “When I’m Cleaning Windows” was a popular song by George Formby in the 1930’s and it could be the theme tune for one of the businesses receiving grants from The John Cracknell Youth Enterprise Bank in August. Window cleaner, Samantha Sewell was awarded funds for a system allowing her to reach upper floor windows without scaling ladders. “Window Woman”, as her business will be known, will be cleaning conservatories, and uPVC too.
Also rewarded were Ellesse Tymon and Natasha Hicks, owners of Resin-Lution Art and Dream Unique, respectively. Both had planned to produce wax melts and candles, but recently Ellesse turned to epoxy resin, producing coasters and candleholders. Meanwhile Natasha has had success with her wax melts and candles, selling large quantities in a single day. All three have worked hard at their business plans with Graham and their reward is the Market Test grant from the Youth Bank and the opportunity to apply for further funding, such as the new Additional Restrictions Grants. As George Formby would have said “Turned out nice again!”
YOUTH ENTERPRISE & MICROBUSINESS NEWSLETTER EDITION 8 - 2021
Judith’s Journey
Six Months on The Job I feel fortunate to have built a support system that is proving to be so valuable. I’ve come to appreciate the power of connections. Throughout my journey so far, I’ve been trying to become more connected with people who can be of help to me now and in the future whilst setting up my business. I’m grateful to have built this support system, I hope more young entrepreneurs will have the opportunity to surround themselves with the right people. I’m learning a lot as I go, however, one of the biggest lessons I have learnt so far is that in any situation I need to put myself first and think of how that situation would benefit me and my business. In my search for a property, I noticed the benefit of keeping a calm mind and not letting pressure get to you. Even though I have not found a property yet, the search continues. Furthermore, as much as it’s important to seek advice from others and take it into consideration, I’m responsible for making the final decision. Its’ been six months since I started this journey, and I can already see the difference in how confident I have become. I can’t wait to see what the next six months will bring.