The UK's economy is dominated by services industries. These include retail, hospitality, professional services, business administration and finance.
According to government statistics there were 5.5 million private sector businesses in the UK at the start of 2022. Most of these businesses are small, with less than 50 employees (5.47million), 35,900 are medium sized enterprises and 7,700 are large organisations. Small businesses employ nearly 48% of the population, while large organisations employ 39%.
Business apprenticeships combine on-the-job training with studying. They are a priceless opportunity to gain experience and qualifications in the competitive world of business.
You would suite a business and admin apprenticeship if you are:
You may be interested in a business and admin apprenticeship if you are:
You can find out more information on the UCAS website.
You can work in a variety of jobs in the Business and Finance sector, they could be for a range of different businesses. You will find business and finance roles in all types of companies.
Jobs are typically available throughout the UK and internationally. You will be able to find jobs in smaller businesses more local to you, or bigger businesses with a larger range of different roles in larger UK cities like London, Manchester, Birmingham etc.
Within business it is common to start in an entry level role then work your way up within a company. Some businesses may even support you with further qualifications too.
There are plenty of opportunities for continuing professional development (CPD).
You can expect a varied working life.
What is Human Resources (HR)?
Within Human Resources there are a variety of tasks and procedures that you will have to complete. HR covers recruitment, training, payments, disciplinary, redundancy proceedings and managing grievances, so it’s not just about helping people; you’ll need a thick skin and an ability to remain professional at all times.
Depending on the size of the business, HR professionals can cover all the above or specialise in key areas, such as recruitment or training. Most HR jobs involve working for just one organisation and being directly employed by it. However, you could work for an HR agency: these offer one or more of the above services to other businesses and charge a fee for each aspect of the expertise they use, such as for each vacancy filled.
Elements of marketing, advertising and PR exist in most businesses and across all sectors. Employees help clients to connect with their audiences, promoting brands, products and sending messages using a range of techniques. Marketing is the overall process, while advertising and PR are both individual sub-components.
The industry is broadly divided into those who work in-house for an organisation and those who work for an agency. The latter are appointed to provide specific services to paying clients. However, just under a quarter of marketing professionals work on a freelance basis.
Those working in advertising will almost always work for agencies, while those working in PR are often employed by larger organisations.
Why work in marketing?
Which marketing skills do employers want?
Employers in the creative industries typically seek people with:
Accountants provide financial advice to clients ranging from multinational organisations and governmental bodies to small independent businesses and individuals. They often specialise in particular areas of practice, including management accounting , internal audit , forensic accounting , taxation , assurance and corporate finance .
Typical duties include:
Employers Include:
The Business sector can be a hard industry to work in however it can also be rewarding.
Some of the skills you will need to succeed are:
In this competitive sector, having relevant work experience can set you apart from other candidates. There are many different businesses you could speak to when trying to find a work experience placement. Businesses have a range of roles including HR, Business admin, Sales, Marketing etc.
Speakers For School - advertise different work experience opportunities available.
Springpod - have a range of work and virtual work experience opportunities.
Prospects - have information on virtual work experience and where you can find it.
Lincoln College - has information and tips on finding work experience.
Lincolnshire County Council - have work experience placements available.
NHS Lincolnshire Talent Academy - have work experience opportunities within business admin and more.
You can also contact employers directly for work experience opportunities.
National Careers Service - gives information on specific job roles, how to get into the role and information on the salary you could receive.
Careerpilot – You can find out more information on the different job roles available within business.
Careers in Business – gives more information on job roles within business and the duties you perform.
Prospects.ac.uk – you can find more information on jobs within finance.
Careers in Finance – you can find out more information on the different job roles, sectors and routes into the financial industry.
UCAS - You can find information on courses, apprenticeships and careers within business.