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Small Business Start Ups: Limerick City . 2010 PAUL Partnership Enterprise Clients – Where are they now? . Background . PAUL Partnership Strategic Plan 2011–2013 Objective 3.3 – To increase enterprise development by individuals in Limerick City by 2013 Enterprise Support Services:

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small business start ups limerick city
Small Business Start Ups: Limerick City

2010 PAUL Partnership Enterprise Clients – Where are they now?

background
Background
  • PAUL Partnership Strategic Plan 2011–2013
    • Objective 3.3 – To increase enterprise development by individuals in Limerick City by 2013
  • Enterprise Support Services:
    • Business Advice
    • Business Planning
    • BTWEA
    • Enterprise Training- in partnership with Limerick City Enterprise Board & Department of Social Protection
    • Mentoring Support
    • Networking
    • Significance of Partnership
  • BTWEA
aim of survey
Aim of Survey
  • How are the small businesses that were set up in 2010 doing in the current market place?
  • How useful/relevant was the Enterprise Support Service provided by PAUL Partnership?
  • What can we learn from the experiences of these small businesses – Current market place; role of PAUL Partnership?
methodology
Methodology
  • Telephone Survey:
    • 160, 2010 enterprise clients contacted
    • 66 completed questionnaires
    • Response Rate = 41%
  • Non respondents:
    • Non contactable; each enterprise called three times before being deemed ‘non-respondent’
    • Declined to participate
business sectors
Business Sectors

*Construction, Painting & Decorating, Plumbing,

Carpentry etc...

**Photography, Printing, Waste Collection,

Music, Education, Childcare, Project Management

back to work enterprise allowance btwea
Back to work Enterprise Allowance (BTWEA)
  • Of the 42 clients still trading – 38% are still in receipt of BTWEA (All due to end by December 2012)
  • The remaining 62% finished BTWEA at various stages within the past year but have managed to remain ‘open for business’
jobs created
Jobs Created

Jobs created by 2010 Enterprise Clients

  • 42 Enterprises still trading = 42 Jobs
  • 13 people employed by these businesses
  • Total of 55 people currently employed as a direct result of 2010 enterprise clients
top 5 reasons given for no longer trading n 24
Top 5 reasons given for no longer trading (n=24)
  • No Business/clients/work
  • Cash-flow problems/Accessing Credit
  • Current Economic Climate
  • Highly competitive market-unable to sustain income
  • End of BTWEA
other training or assistance that would aid set up and or sustainability n 66
Other training or assistance that would aid set up and/or sustainability (n=66)

Training

  • Market Research
  • Book-keeping
  • Legislation / Regulation
  • How to Access Finance/Grants

Assistance

  • Government Assistance for SMEs
  • Reduction in rates from local authority for a period of time
  • More support when BTWEA ends
paul partnership enterprise support service
Paul Partnership: Enterprise Support Service

Enterprise training delivered in partnership with Limerick City Enterprise Board & Dept. Of Social Protection

overview of findings
Overview of Findings
  • Overall findings are positive
    • Almost two thirds of Start Ups still in business
    • In total 55 new jobs created from 2010 enterprise Clients
    • 11% of clients report a turnover in excess of 41K
    • Many view the Business market today as stagnant, not declining
    • 54% of clients no longer trading are engaged in employment or education
    • The enterprise services and training provided by PAUL Partnership are having a positive impact
going forward
Going forward
  • While results are positive, improvements can be made
  • ‘Follow Up’ process when BTWEA ends
  • Assistance from Government
    • Access to grants/low interest loans
    • Tax breaks
    • Reduction in rates
  • Highlight the importance of
    • Market Research
    • Consultation Process
    • Enterprise Training
concluding points
Concluding Points
  • Positive Outcomes
  • More is needed from both Local Authorities & National Government
  • BTWEA is making a difference
  • PAUL Partnership’s continuing effort
  • Q&A