King's Trust

<p>The <strong>Better Off Calculator</strong> is a simple tool that helps you understand how moving into employment could affect your financial situation, especially if you currently receive benefits. It gives you a clear picture of what your income would look like in work compared to out of work, so you can make the decision that’s right for you.</p><p><br></p><p> You will find the resource here 👉&nbsp;<a href="https://www.entitledto.co.uk/help/better-off-calculation" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 102, 204);"><u>better off calculation - Entitledto</u></a></p><p><br></p><h3><strong>What the Better Off Calculator Does</strong></h3><ul><li>Shows how your benefits may change if you start a job</li><li>Helps you compare different roles, hours and pay rates</li><li>Gives you a breakdown of what you would take home each month</li><li>Helps you avoid being worse off financially</li><li>Supports you to make a confident, informed choice about work</li></ul><p><br></p><h3><strong>How You Can Use It</strong></h3><p>You can complete the Better Off calculation <strong>independently</strong>, or you can do it <strong>with the support of your coach</strong>, who can guide you through each step and help you understand the results.</p><p><br></p><h3><strong>Why It’s Important</strong></h3><p>Transitioning from benefits into employment can feel like a big step. Your coach can&nbsp;help you see the <strong>full picture</strong>, including:</p><ul><li>Whether you will be better off financially</li><li>Consider important costs such as travel, childcare, or work‑related expenses</li><li>If your benefits will change</li><li>How different working hours might affect your income</li><li>The wider benefits of work, such as routine, confidence, social connections and opportunities to progress</li></ul><p><br></p><p>Even if the financial gain is small, the social and wellbeing benefits of work can make a big difference , but the key is that you have all the information you need to choose what’s right for you.</p>

Better Off Calculator, Helping You Make an Informed Choice About Work

<h1><strong style="color: rgb(30, 25, 100);">Enterprise Programme</strong></h1><p><br></p><p><strong>Programme Duration</strong>: 1 - 4 years</p><p><strong>Programme Format</strong>: In-person and virtual</p><p><strong>Town:</strong> Cardiff</p><p><strong>Location</strong>: Wales</p><p>Places are available – get in touch to join an upcoming information session</p><h2><br></h2><h2><strong>Who is Enterprise for?</strong></h2><p>You're eligible for the Enterprise programme if:</p><ul><li>You're aged 18 to 30.</li><li>You have the right to work in the UK, and you intend for your business to operate in the UK.</li><li>You own, or plan to own, at least 50% of your business.</li><li>You are not yet trading or you have been actively trading for less than 1 year. (‘Actively trading’ means you’ve been focused on this business as more than a hobby and you have registered with HMRC or Companies House.)</li></ul><p><br></p><h2><strong>Want to start your own business and need support to make it happen?</strong></h2><p>Our free Enterprise programme is here for you. You'll benefit from:</p><ul><li>Expert-led workshops on finance, marketing, business planning, sales, and more</li><li>Test My Business Idea grant opportunities of up to £500</li><li>One-to-one support as you create your business plan and launch your business</li><li>Options to apply for Start Up Grant and Start Up Loan funding</li><li>Networking with like-minded people who are on their own business journey</li><li>Cashflow and business plan templates and other tools and resources</li><li>Up to 3 years’ support from an experienced business mentor following your business launch</li></ul><h2><br></h2><h2><strong>How Enterprise works?</strong></h2><p>On Enterprise, you’ll develop the skills and knowledge you’ll need to launch and grow your business, thanks to free, flexible training and mentoring from business experts.</p><p>Throughout Enterprise, you’ll have opportunities to apply for Start Up funding to cover start up costs and grow your business.</p><p>You'll benefit from support across three key stages of your business start up journey:</p><p><strong>Business Planning</strong></p><p>Embarking on your journey to start your business with the Enterprise programme means you’re never alone. We provide the training and guidance you need to grow your confidence in yourself and your business and make your launch a success.</p><ul><li>Get one-to-one support: A dedicated Trust contact will be your guide for up to 12 months as you plan, test, and launch your business. They’re there to help you navigate the path to success. You may meet in person or online, depending on your circumstances.</li><li>Plan for success: Our team will guide you in creating a robust business plan. Your plan is more than just a launch pad for your business – it’s a roadmap for sustained growth.</li><li>Learn and grow: Take part in our interactive workshops covering essential topics such as business planning, marketing, selling skills, money management, bookkeeping, and tax. These workshops run regularly, allowing you to join at the right moment in your business planning. You’ll meet and learn from others who, like you, are on their own journey to starting a business.</li><li>Test and review: With the opportunity to apply for a <a href="https://www.kingstrust.org.uk/how-we-can-help/support-starting-business/funding-your-business" rel="noopener noreferrer" target="_blank" style="color: rgb(30, 25, 100);">Test My Business Idea grant of up to £500</a>, you can test your business idea in a real-world setting.</li></ul><p><strong>Business Launch</strong></p><ul><li>Finalise your plan: Submit your business plan to us. Our team will review it to ensure your idea is viable and sustainable, providing you with valuable feedback to help you succeed.</li><li>Apply for funding: If you need help to cover your start up costs, you can apply for <a href="https://www.kingstrust.org.uk/how-we-can-help/support-starting-business/funding-your-business" rel="noopener noreferrer" target="_blank" style="color: rgb(30, 25, 100);">Start Up grant and loan funding totalling up to £30,000</a>.</li><li>Become a King's Trust–supported business: On the Enterprise programme, you’re not just launching a business – you’re joining a supportive community that wants to see you succeed.</li></ul><p><strong>Business Advance</strong></p><p>We’re here to be your guide over the next three years, helping you through the twists and turns as you build your business.</p><ul><li>Stay on track: With regular action planning and the support of a dedicated business mentor, we’ll help you stay on the right path. Your mentor – a volunteer with business experience – will guide you through planning, overcoming challenges, and seizing opportunities. And they’ll champion your success.</li><li>Keep learning: Enhance your business skills and boost your confidence with our expert-led workshops online or in person. Dive into specialist topics and gain insights from business and industry leaders.</li><li>Build your network: On Enterprise, you’ll join a vibrant community of like-minded people. Take advantage of networking opportunities online or in person to share experiences and make connections that will help you do more with your business.</li><li>Apply for additional funding: Want to invest more in your business? You’ll have more opportunities to apply for our <a href="https://www.kingstrust.org.uk/how-we-can-help/support-starting-business/funding-your-business" rel="noopener noreferrer" target="_blank" style="color: rgb(30, 25, 100);">Start Up funding</a>.</li></ul><h1><br></h1><h2><a href="https://my.kingstrust.org.uk/registration/enterprise/wales?_gl=1*1bnzc9y*_ga*NjE2NTg3NDMxLjE3ODIxMjQ0MjA.*_ga_CCSHC28YYF*czE3ODIxMjQ0MjAkbzEkZzAkdDE3ODIxMjQ0MjAkajYwJGwwJGgw" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 102, 204);"><strong><u>Book your Wales Enterprise Information session</u></strong></a></h2>