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Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

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Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

Graduates warned to mind the "employability gap"

27 June 2018

Graduates warned to mind the "employability gap"Despite their qualifications, employers say that many new graduates lack the professional skills that they are looking for.

The Chartered Management Institute (CMI) is warning graduates to mind the "employability gap" as they prepare to enter the workforce.

While 73% of graduates expect employers to give them training to become managers, 75% of employers say they don't provide training to prepare employees for their first role in management.

The top five skills and attributes that employers are looking for in young recruits are taking responsibility, people management skills, being honest and ethical, problem solving and team-working. However, 55% of employers say they struggle to find graduates with these skills.

Ya Saffie Ceesay, a third-year student at University College Birmingham, said: "This employability gap is really worrying for graduates. I hadn't realised that I will need to invest in my own career development, I thought employers would take on this responsibility. Leaving university this summer and starting my job hunt, it's worrying to hear that I might not have the kinds of skills that employers are looking for, even after years of studying."

In fact, 90% of employers expect graduates to be responsible for their own career development. And ONS data shows that nearly half of all graduates (49%) end up taking non-graduate level roles as they struggle to match their skills with those expected by employers.

This, says CMI, has "an enormous impact on business productivity and on graduates' life prospects". To help young professionals close this "employability gap" CMI has launched the Future Leaders Network to help young professionals access development services and get their foot on the career ladder.

Reetu Kansal, chair of the Future Leaders Panel, said: "Both graduates and employers need to mind the employability gap if we're to satisfy the demand for work-ready graduates that employers are looking for. Our Future Leaders Network is a practical and flexible resource for any graduate or young professional taking responsibility for their own career and a ready-made network of peers to learn from and share experiences."

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