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A Report On The Benefits of Self Employment & Entrepreneurship Compiled by Mandy Whyte 1. Findings 1.1 What is entrepreneurship Entrepreneurship is about seizing new opportunities and taking risks which is why it is so vital to the economy. This is what makes being an entrepreneur such an exciting career choice. 1.2 Support services available to the entrepreneur Scottish Enterprise, Business Gateway, Banks and Independent consultants are the main providers of support to entrepreneurs in Scotland. Business Gateway offer many free services to new business start-ups, young people and particularly female entrepreneurs have access to he most help when starting a new business. Funding is one of the major considerations when considering starting a new business. The Sole Trader generally relies mainly on personal finance. Banks are the most obvious source of finance. Most will have a small business advisor to approach for loans or overdraft facilities. Before they lend the majority of financial institutions will want to see...

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