Unsure where to start – hoping for some advice

Seeking Guidance on Starting My Polymer Clay Jewelry Business

Hello everyone,

I’m excited to share that I’m looking to transition my polymer clay jewelry hobby into a small business! Lately, I’ve been creating so much that I’m running out of places to put my pieces—it’s definitely time to start selling! 😅

However, I’m feeling a bit overwhelmed by all the information out there. I have questions about everything from choosing between being a sole trader or forming a limited company, to deciding whether to use Etsy, Folksy, Wix, Shopify, or a myriad of other platforms. Plus, I’m trying to navigate the complexities of Brexit, international selling restrictions, GPSR compliance, tax regulations, and the need for separate bank accounts—the list goes on!

If any of you have been in a similar situation, I would greatly appreciate your insights or advice on how you got started. Would you be open to chatting with me? Thank you! ☺️

1 Comment

  1. bdadmin

    Reply

    Absolutely, it sounds like an exciting journey ahead for you! Here’s a simple roadmap to help you get started with your polymer clay jewellery business:

    1. Business Structure: Start by deciding if you want to operate as a sole trader or a limited company. For a small-scale venture, many people begin as sole traders because it’s simpler in terms of tax and administrative duties. As you grow, you can always transition to a limited company.

    2. Market Research: Look into your target audience. Browse platforms like Etsy and Folksy to see what sells well, and analyze pricing, aesthetics, and styles. This will help you identify your niche.

    3. Platform Selection:

    4. Etsy is a popular choice for handmade goods and has a built-in audience.
    5. Shopify might be better if you want more control over your branding and customer experience but requires more setup.

    6. Wix is user-friendly for building websites if you foresee expanding beyond selling just on marketplaces.

    7. Legal and Tax Requirements: Look into registering for taxes in your area. In the UK, for example, you’ll need to register as self-employed if you’re a sole trader. It’s also good to keep track of expenses and income in separate accounts to simplify accounting.

    8. SEO and Marketing: Learn about search engine optimization (SEO) to improve the visibility of your shop. Utilize social media platforms like Instagram and Pinterest to showcase your creations and engage with potential customers.

    9. Photography and Branding: Good quality photos are key when selling online. Spend time on your branding to create a cohesive look for your business which includes your logo, packaging, and product presentation.

    10. Start Small: You don’t need to have everything figured out from the start. Begin with a small batch of products and gradually expand based on what resonates with your customers.

    11. Join Communities: Connecting with others in handmade businesses can provide support and insights. Look for local groups or online forums where you can share experiences and tips.

    If you’d like, I can help you brainstorm ideas or answer any specific questions you might have. Best of luck – it’s a wonderful venture you’re embarking on! 🌟

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