News: Schools failing to teach business skills

TeenagersBritish teenagers are keen to learn how to start their own business, but feel their school doesn’t equip them with the right skills, according to new research.

In a survey of 13-18-year-olds, Shelley Stock Hutter LLP found that 65% want to start their own business when they’re older, with 47% aiming to start up by the age of 25. A further 16% are aiming to run their own business by the time they are 19.

However, eight out of ten teenagers said their school is failing to give them enough information about starting their own business.

Despite this, it appears young people realise that skills and qualifications are not vital in order to start a business. When asked what makes a successful businessperson, the most popular response was being “good with people”, followed by “you need to have a good idea”.

Bobby Lane, partner at Shelley Stock Hutter, said “It’s great news that we have a nation of hungry young entrepreneurs who are inspired to make something of their lives and run their own business. Yet a staggeringly high percentage of teenagers feel they don’t have the information to take the next step and turn this into a reality. Schools must look at ways to ensure the fundamentals of how to set up and run your own business are covered in the early years of the secondary school curriculum”.

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Kasey writes about the latest small business and website news for bOnline. Find Kasey on Google+, or follow bOnline on Facebook, Twitter, LinkedIn and Google+

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