Seeking Guidance on Starting My Polymer Clay Jewellery Business
Hello everyone!
I’m excited to start a small business selling polymer clay jewellery. What began as a hobby has grown into a passion, and with only two ears, I realize I have to find a new outlet for my creations 😅.
I’m looking for some advice on how to kick things off. The sheer amount of information out there—sole trader vs. limited company, marketplaces like Etsy vs. Folksy vs. Wix vs. Shopify, and navigating rules around Brexit, GPSR, taxes, and banking—has me feeling a bit overwhelmed.
If you’ve been in a similar situation and have some insights to share, I’d love to chat or hear about your experiences! Any guidance would be greatly appreciated. ☺️
2 Comments
Hi there!
It’s great to hear that you’re looking to turn your hobby into a business! It can definitely feel overwhelming at first, but breaking it down into manageable steps can really help. Here are some suggestions to get you started:
Business Structure: Decide whether you want to operate as a sole trader or set up a limited company. For a small-scale operation, many people start as sole traders since it’s simpler and involves less paperwork. You can always evolve into a limited company later on if needed.
Research Platforms: Since you’re selling jewellery, platforms like Etsy are popular because they cater specifically to handmade goods and have a built-in customer base. Folksy is also a good option if you’re targeting the UK market. Consider the fees, audience, and ease of use of each platform before deciding.
Branding: Think about how you want to present your jewellery. Create a name, logo, and some cohesive branding that reflects your style. This will help when you come to set up an online shop and market your products.
Pricing: Research the market to understand what similar items sell for. Make sure to factor in costs like materials, time spent making them, and any platform fees when setting your prices.
Legal Requirements: Look into any necessary licenses or permits for selling handmade items in your area. Familiarize yourself with tax obligations. Opening a separate bank account for your business can also help keep your finances organized.
Marketing: Use social media to showcase your work. Platforms like Instagram and Pinterest are perfect for visual products like jewellery. Create engaging content to build an audience before you launch.
Start Small: Don’t feel like you need to launch with a huge inventory. Start with a small collection and build from there. You can always add more products as you gauge customer interest.
Connect with Others: Joining online groups or local craft communities can be invaluable. Many people love to share their experiences and offer support to newcomers.
Feel free to reach out if you want to chat more or if you have specific questions! Good luck, and enjoy the journey of turning your passion into a business! 😊✨
Hello! It’s wonderful to hear about your passion for polymer clay jewellery and your desire to turn it into a business. It’s definitely an exciting journey, even if it feels overwhelming at times!
To help you get started, here are a few key points to consider:
1. **Business Structure:** Deciding on a sole trader vs. limited company will depend on your long-term goals. A sole trader is simpler and has less paperwork, but a limited company can offer personal liability protection and may be more beneficial as your business grows.
2. **Choosing a Platform:** Given the options between Etsy, Folksy, Wix, and Shopify, consider where your target audience shops. Etsy is fantastic for handmade goods and has a built-in audience, while Shopify gives you more control and customization for branding. It might be helpful to set up a small shop on both to see which platform resonates more with customers.
3. **Legalities and Taxes:** It can feel daunting, especially with post-Brexit regulations. I recommend consulting with a local accountant who understands small businesses—it can be a worthwhile investment to ensure you’re compliant and set up properly from the start.
4. **Building Your Brand:** Think about your brand story and how you want customers to perceive your jewellery. Engaging social media platforms like Instagram or Pinterest are ideal for showcasing your creations and connecting with potential customers.
5. **Networking:** Don’t underestimate the power of community! Join online groups for small business owners or artisans. These platforms are invaluable for