The social impact of enabling a client to establish a business and employ others is far reaching and significant. Our clients benefit from the stability of a regular income, the level of empowerment that comes with being the boss and having an outlet to focus their attentions.
On a local level, they contribute to the fabric of their community and the skills they learn are passed on to family members and friends. On a national level, the need for alternatives to the traditional employment model is timely.
With the government’s 2014 Job Seekers Allowance claimant figures currently standing at 1.14 million* and the total annual spend on JSA being £6.92 billion p/a**, an unemployed claimant can expect to cost the government at least £6,070 per year. This doesn’t take in to account child support, disability allowance, incapacity benefits or income support. The Department for Work and Pensions spends around £159 billion annually on benefits in Great Britain.
Outset has the ability to help clients overcome their barriers to enterprise and create business opportunities. Outset businesses save the government money and contribute to the economy by establishing themselves as HMRC registered businesses.
*www.bbc.co.uk – 2014
**www.theguardian.com – 2014