What Factors Affect the Cost of Starting a Business?

Self-employment refers to the fact that workers rely on their own capital, resources, information, technology, experience, and other factors to start their own industries and solve employment problems.

Self-employed

Refers to the behavior of people who have the employment conditions to abandon employment opportunities, rely on their own strength to carry out entrepreneurial activities, and contribute intellectual and financial resources to social and economic development.

Preferential policies for college students to start their own businesses

1. Create a good environment for self-employment. Most of the self-employed enterprises are small and micro enterprises, with weaker strengths. They are always facing the test of survival and urgently need support. The government should provide assistance for self-employment and create a good environment for self-employment: establish and improve self-employment support policies to facilitate self-employment; further simplify business registration procedures and reduce various types of expenses; grant certain reductions and exemptions on business taxes and income taxes Concessions; provide free or preferential services for the recruitment, evaluation and training of employees in start-up enterprises; provide smooth and even independent social insurance participation channels for independent entrepreneurs to relieve their worries. Where conditions permit, entrepreneurial guarantee institutions should be established to protect the legitimate rights and interests of entrepreneurial enterprises.

2. Provide small secured loans. Research shows that financial support and supporting measures have the most significant impact on the success rate of self-employment. However, self-employment is relatively risky, has a low reputation, and lacks suitable collateral and guarantees. It is often difficult to obtain bank loans and other sources of funds. Relevant departments should increase financial support for self-employment and provide financial support for self-employment by providing small secured loans and lowering the threshold for self-employment loans. For loan projects below a certain amount, entrepreneurs should be allowed to exempt from guarantees or reduce the proportion of guarantees. Where conditions permit, various loan projects can be provided directly to solve the problems of start-up capital and working capital of small enterprises.

3. Implement innovative project plans. Special projects can be set up, or government procurement policies targeted at startup companies can be implemented to address the market entry issues of startup companies. For key entrepreneurial groups, such as returned students and university graduates, independent entrepreneurship support projects can be established, which can be funded by national or local governments. In terms of supporting youth entrepreneurship, we can learn from the practices of relevant countries and set up a special youth entrepreneurship plan. For example, the Youth Entrepreneurship Program launched by the Prince of England Fund provides consulting and financial, technical and network support for youth entrepreneurship through joint business and social forces, helping an average of 5,000 young British entrepreneurs to start a business every year, with a success rate of more than 60%.

4. Establish an independent entrepreneurship education and training system. The survey shows that more than 70% of entrepreneurs need entrepreneurship training, and more than 90% of college students think entrepreneurship education is very helpful to entrepreneurship. We can learn from the successful practices of Sweden and other countries to incorporate entrepreneurship education into the entire education system from junior high school, high school, university to graduate students. For schools that have already implemented entrepreneurship education, reform and innovation in content and form, strengthen the construction of independent entrepreneurship courses and management of entrepreneurship education, and improve students' entrepreneurial ability. Strengthen the cooperation between higher education institutions and vocational training institutions, and create interactive and open entrepreneurial education and training models. For farmers and entrepreneurs, in addition to using formal educational institutions such as vocational colleges, various specialized training courses can be established to train them in entrepreneurial skills.

5. Cultivate the entrepreneurial spirit of the whole people. Strengthen entrepreneurship and entrepreneurship culture and education, enhance the entrepreneurial awareness of the entire population, and allow more people to participate in entrepreneurship. Various media should widely publicize policies to promote entrepreneurship and the deeds of successful entrepreneurs, and create a good environment for public opinion. Guide parents of college graduates to change their minds, face their children's self-employment behaviors, and support their children in spirit and even funds. Form a scientific awareness of self-employment in the whole society, and promote self-employment to become an important choice for laborers to find employment.