I'm Going to Make and Sell Fimo Jewellery to Fund my Coffee Machine!

SmallL

InsideInsurance wrote: »

You can of cause also be "inspired" by what is done on the like of Etsy and they will also be able to help you see pricing.

Dont under estimate how long the making and marketing takes

I wont need to do marketing as il be going to local car boots-craft parties-jumble sales to sell.
I am going to set up a facebook page and by looking at how others have advertised i already have a good idea.
Since its half a hobby and i already enjoy it the making time wont be an issue, it will only be time more productively spent in time thats already free

hermum

I've just looked on Etsy, have you seen, the mini babies?
http://www.etsy.com/shop/Minibaby?ref=seller_info
Obviously not made from canes,and not my type of thing but the maker of those is incredibly talented.

Jo_F

Don't forget to register as self employed with HMRC.

SmallL

Jo_F wrote: »

Don't forget to register as self employed with HMRC.

Do you need to register as self employed doing ANY kind of selling.
I.E carboots?

Jo_F

Yes, as you are buying in components to make and sell things, HMRC do randomly check car boots, craft fairs etc to make sure that anyone that is trading is registered, if its just you clearing your attic out at a car boot then you don't need to register. But its all down to you buying to sell, so it is really a business.

Also, you would be well advised to get insurance, both public and product liability, as if a member of the public falls over your table at an event, or hurts themselves with a piece of jewellery you have made, then you can be sued and without insurance you will be liable. You can get specialist craft insurance (try craftinsurance dot co do uk), run by a guy called Ian Wallace, and he will only sell you what you need, and it's underwritten by Aviva, it's not expensive, but definately worth it (£5million public and product liability is currently cost me just short of £9 a month)

Also bear in mind that with jewellery, you need to check where your metal components are coming from, as in the EU they have to be very low nickel, or free of nickel, and some car boots won't allow you to sell new items, a lot will insist on attic clear outs only.

SmallL

Jo_F wrote: »

Yes, as you are buying in components to make and sell things, HMRC do randomly check car boots, craft fairs etc to make sure that anyone that is trading is registered, if its just you clearing your attic out at a car boot then you don't need to register. But its all down to you buying to sell, so it is really a business.

Also, you would be well advised to get insurance, both public and product liability, as if a member of the public falls over your table at an event, or hurts themselves with a piece of jewellery you have made, then you can be sued and without insurance you will be liable. You can get specialist craft insurance (try craftinsurance dot co do uk), run by a guy called Ian Wallace, and he will only sell you what you need, and it's underwritten by Aviva, it's not expensive, but definately worth it (£5million public and product liability is currently cost me just short of £9 a month)

Also bear in mind that with jewellery, you need to check where your metal components are coming from, as in the EU they have to be very low nickel, or free of nickel, and some car boots won't allow you to sell new items, a lot will insist on attic clear outs only.

:eek:Im going to browse for a cheaper alternative. That really does put me off doing anything!
I might test the waters first,make a few things see if they actually sell/is it worth it. If i can see it going anywhere il buy the insurance.
I dont want 12 years insurance for something i find is a naff idea!

Jo_F

The insurance is done yearly, it's around £100 a year for mine, and I just pay it monthly.

nancy_31

It is good that you think to spent your time worthwhile. You can also make bracelets, anklet and some dangling accessory for mobile phone or bags.