The Preparing for Self-Employment Level 2 Award is designed for individuals who are considering starting their own business, becoming a freelancer, or working as a sole trader. Delivered on-campus over an intensive two-week period, this course will equip you with the practical skills and knowledge needed to turn your business idea into a reality.

You will explore the realities of working for yourself, understanding both the benefits and the risks involved. The programme covers the fundamental aspects of setting up a business, including how to research your market, market your products or services, understand basic business finance, and meet your legal and tax obligations.

Duration: 2 weeks, 5 days per week, 9am-4pm

Study Mode Full Time
Suitable for 19+
Duration 2 weeks

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Sector Overview

The UK has a thriving community of entrepreneurs, freelancers, and small business owners. Self-employment offers the freedom to be your own boss, set your own hours, and turn a passion into a profession. However, launching a successful business requires a solid understanding of planning, finance, and legal responsibilities to ensure long-term sustainability.
Entry Requirements
The entry requirements for this course are:
- No previous business experience is required, just a viable business idea or a strong desire to become self-employed
- A reasonable standard of English and maths (Level 1 or above recommended)
- Assessment and interview
What will I study?
This course consists of modules designed to guide you through the start-up process, covering:
- Understanding the risks and rewards of self-employment
- Taking the first steps towards self-employment
- Understanding basic business finance (including tax and national insurance)
- Marketing for a new business
- Creating a basic business plan
How will I be assessed?
You will be assessed via:
- A portfolio of evidence
- Practical tasks and the development of your own basic business plan
Enrichment

As an adult learner, you will be offered opportunities to actively engage with industry-related professionals to increase your personal and career development. This includes access to key industry guest speakers, such as successful local entrepreneurs, marketing experts, and financial advisors, who will deliver insights to help you build your industry knowledge and expand your professional network.
Work Experience

Work experience opportunities do not apply to this course.
Progression Opportunities
The completion of this course will allow you to progress onto:
- Launching your own business or transitioning into freelance work
- Level 3 qualifications in Business Administration or Enterprise
- Higher skills development programmes in marketing, bookkeeping, or finance to support your business
Alumni

Waltham Forest College is a vibrant and aspirational college and will support you to reach your career aspirations. Last year 90% of adult learners progressed onto a positive destination either to higher levels of study, employment, or an Apprenticeship.