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Annette Molyneux, over 50 from Plymouth took her lack of pension into her own hands and began her own enterprise.”

Soon after Annette Molyneux retired from teaching in 2006, she found herself affected by a change in state pension legislation.  Annette needed a new job, and decided she had always been good at flower arranging.  After carefully considering her options, Annette decided to study floristry with a view to starting her own business. 

Annette attended an enterprise awareness day in Plymouth to find out more about self- employment.  It was here, that Annette discovered The Prince’s Initiative for Mature Enterprise and quickly set to work on her business plan with support from PRIME.

Thanks to guidance from PRIME, Annette has met many of the obstacles that face PRIME clients, such as setting up a business in her own home, researching appropriate insurance and finding reliable and cost-effective suppliers.  However, she has overcome these challenges and is now the proud owner of her own business, Cherish Floral Design.

Annette registered self-employed in July 2011.  She says, “I feel extremely honoured to have received such support so late in life from PRIME.  It has breathed new life into my future and provided that much needed motivation and reassurance that sometimes disappears with redundancy and early retirement.

 Visit Annette’s website www.amemorytocherish.co.uk/ 

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Gerry, 55 years old, was made redundant but proves mentoring really can help lead to business creation.

With a background in IT and technical project management, Gerry Chandler, 55, took redundancy five years ago from mobile phone company Orange, but due to the economic turndown he struggled to get either full time or contract employment.

Gerry decided to add more strings to his bow by retraining, and in 2010 he became an ADR (Alternative Dispute Resolution) accredited mediator, specialising in workplace dispute resolution.

“I felt I had the ideal background for this kind of career change,” says Gerry.  Gerry also got in touch with The Prince’s Initiative for Mature Enterprise who placed him with a mentor – Bob Jordan to help set up a mediating business.

“I think the most important thing that Bob has done is to really focus me on my priorities. It’s very much like having my own business partner” says Gerry.

 Bob, who is in his early 70s, started his career as a BBC engineer, but at the height of his career became Head of Human Resources with management responsibility for four and a half thousand BBC staff.  During his retirement, Bob agreed to be a PRIME mentor.

Bob says, “I come from a working class background and I have known what it is like to go through tough times. As a PRIME volunteer I can use my years of business experience to help get people where they want to be.”

 Thanks to Bob’s guidance and Gerry’s will power – Gerry has successfully started his mediating business, Elephants child and is helping conflict management in businesses across the UK. 

Elephant’s Childs primary objective is to offer an innovative and cost effective approach to anticipating and managing conflict in the workplace, based upon rapidly establishing effective relationships, built upon trust and common understanding.

For more information visit: www.elephantschild.com

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ON 28th FEBRUARY 2012 PRIME HOSTS FREE WORKSHOP IN NORWICH

HURRY TO BOOK YOUR PLACE NOW!

Location: The Lotus Lounge, Norwich City Football Club, Carrow Road, Norwich NR1 1JE

Times:  Registration will be between 13.00 and 13.30; the workshop will run from 13.30 to 16.30

Workshop: This workshop is aimed at those who are about to become self-employed or are wondering if self-employment is for them.  By the end of this practical workshop you will understand:

  • What self-employment really means
  • How to generate and assess business ideas
  • The importance of preparing a  business plan
  • Next steps to take to help you further assess your Self-Employment option

Please email info@prime.org.uk for more information and to book your place.  (We require a £25.00 fully refundable deposit. This will only be cashed in the event of non-attendance.  If you attend the workshop, we will destroy the cheque.)

 

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ip health check iconIntellectual Property covers things like patents, trade marks, registered designs and copyright. The Intellectual Property Office has a free online tool called IP Healthcheck that you can use to help decide whether your brand or product needs legal protection.

The Intellectual Property Office used to be known as the Patent Office, and is the main government agency in this subject area. They will be at the Business Startup show in London on 19th and 20th of May 2011, and also have their own programme of free events around the country.

Many of these are involve the 14 Patent Libraries around the country, mostly in libraries, where you can find out more about patents, trade mark, designs and copyright.

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Cover of PRIME leaflet about Top 10 business pitfallsTo make its material more accessible, PRIME is having its most popular booklets and guides redone as downloadable PDFs that can be printed out on ordinary A4 ink-jet and laser printers.

We are taking the opportunity of also having large-print versions made, with a minimum text size of 16 point (the industry norm is 10 and we normally use 12 point). This obviously means fewer words fit on a page, but rather than crudely blowing things up we are reflowing the text and images properly and redesigning where necessary, so the large-print versions should look as attractive as the original documents.

First to be done and downloadable immediately for free (right click with your mouse and use Save As) are these four titles.

If you need anything else from PRIME in large print just ask us at info@prime.org.uk. We may not be able to produce all our documents and reports in as polished a style, but we will send you something readable.

Normal size versions are also available in a version that is suitable to print. This way you save trees!

Ideas for business, a practical guide and workbook

Local business support in the uk, a directory of where to go for help for people aged over 50

Get help with finance for your business, a leaflet about PRIME’s over-50 loan scheme

Top 10 things that can kill your business, a leaflet about avoiding common business pitfalls

Working for Yourself a practical guide to sales marketing and preparing a business plan.

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