Tuesday, 30 September 2008
You can compare this with my home made Rockin Hoods logo and consider whether I made the right choice. I am confident that DotComDot (the designer) has earned her cash.
I was aiming for quite a slick company identity (I hesitated to write corporate id, the usual term, as it does not really fit with a hippy in a dilapidated cottage that is fast being overtaken by unruly animals) but following on from the logo another look emerged.
This is a preview of my first advert which will indicate the look that is emerging. You will have to use your imagination as in the upload has made it look a little strange, putting colours in negative and loosing the text...
My lessons that I am learning are: research the most cost effect ways of doing things, but don't be afraid to shell out provided you fully track what you are spending! (cue for me to practice what I preach and quickly add the cost of the advert to my forecast....I may be some time).
Saturday, 27 September 2008
I was keen to pass from the ranks of the talkers to those of the doers. I had advised about setting up charities, companies house and being a charity director so I felt that I had a little insider information. (Maybe this was another source of my cynicism for Business Link, had they, like me, merely read the Internet and a skimmed few books to prepare themselves for the role of adviser).
I sailed past first base, understanding the need and purpose for a Limited Company. I could also navigate my way around the Companies House site. I was further delighted when I came across eSources.co.uk that sent a three email tutorial on How to Set up a Limited Company, including a free document to help with write your Memorandum and Articles worth £24.99. I went to work to prepare my Articles, the Memorandum of Association and the all important forms 10 and 12.
The first delay was getting the right software to amend eSource's template documents. So I downloaded a free trial of Adobe Acrobat and squandered hours setting this up, then read endless clauses, sub clauses and exemptions. I cross referenced this with the hallowed 'Table A' that is so critical to company law (if you want to know more go to Companies House and search for it, reading it makes paint drying seem a dynamic spectator sport). Things were going swimmingly until one of the two key forms need to be signed by a notary or a solicitor...
I knew that I needed legal help, and it was just a matter of time until I started to shell out cash for my dream of professional* self sufficiency, so I took up Business Link's advise and tracked down a 'Lawyer for Business'. A bargain, I thought, a free half hour consultation. It was very simple finding one, I contacted the Law Society who sent a list of participants in my area. I did a search on the most local lawyers; only one seemed to focus on business (divorce is not on my mind and most of the lawyers on the list seemed to rank this as their preferred sport) so I booked an appointment with him.
To get the most out of the session I was going to get the documents signed and talk about other legal aspects of the business. This week has been a frazzle of terms and conditions. What would the business be doing? what did I need protection against? what do other similar companies put into their terms? (and why do they need to registered in Luxembourg)? I came up with twenty odd pages of document for the unfortunate lawyer to unpick.
If there is a theme to my journey into business it must be this: set aside everything that you think you know and prepare for it to cost more! The lawyer seemed a great guy, but he did ask impertinent questions. Had I read Table A? Yes - one up. Did I understand it? No - lip starts to wobble. Had I thought about half a dozen wise issues that these pro-forma documents would fail me on? No - over and out.
All I can say is that this free half hour consultation has cost me a fortune! I understand that if I want Mothers of Innovation to have a long term future I really need to get the legal footings solid. I walked out daunted and since have signed up to a course of action that will cost me over £800 but should set me on clear course to focus on the bits that I can really do well.
*I will start another blog when I renew focus on my other aim for real self sufficiency, but then again will a chicken poo generator power this computer?
The best thing they told me about was 'Lawyers for Business', the Law Society's scheme to offer free 1/2 hour consultations - more about that later.
Buoyed by this success, I logged onto the regional pages of Business Link. With the click of the 'Enter' the permanence of this move dawned on me, the clouds darkened and I had entered the layer of hell dedicated to those dealing with the government. Two minutes later the phone rang and it was a gleeful soul from Slough Business Link (yes, I do mean gleeful) and five minutes later I was signed up to meet one of his advisers... At least she passed her first test, she was not called Carol and I was meeting in the library, far away from any computers.
How many excuses can you think of for avoiding a meeting? The dog ate my house keys? I am scared of being swallowed by a Kafkaesque nightmare? Well, not a pin stripe or sneer in sight. I found a very breezy lady, with significant business experience sent me through a mental assault course; making me explain, justify and project future ideas about my business - while her brain leapfrogged through advice and anecdotes. Her style could have been discombobulating to the tidy minded, but it worked for me.
Two days later a typed report came through highlighting our discussion - and I sensed this is where the sales came in: there were random and inexplicable references to London 2012 littering the pages. I rejoiced in overcoming my prejudice and filed the report in the recycling. I can't wait for our next meeting (unless the dog really does it my house keys).
Thursday, 11 September 2008
I just heard, it should be easy to set up a company in the UK:
As I trawl through pages of small print I am not sure if that is any consolation. Today I have spent hours just collecting information for the loan application and to set up the on-line payments. Every time the post arrives it is more junk that needs to be read and almost understood.
I had been warned, everything takes twice as long and is twice as hard.
I am not downhearted, the lawyer's bill came in under estimate. The world is a wonderful place!
And this is the hoody (or another version of it, you can also see it in my blog picture).
Monday, 8 September 2008
Business has been a haven of calm by comparison, until I started to save the evening's work. Working on a shoe string I decided to design my own logo for my hoodies even though things have moved on in the two decades since I last dabbled in graphic design. I looked at some of the standard logo design packages available for free such as AAALogo, that Amazon seem to recommend their sellers, and quickly ruled them out. I had to tackle something much more complicated.
I love Open Source software, it has been the greatest find. OpenOffice is brilliant and I salute all those who have contributed to it. Graphic design needed something much more specialist, so I quickly found Inkscape. I am not technical - and those who speak fluent geek despair at my inability to grasp the basics of the language (I think I am waiting until my toddler can explain it to me in a version that I can understand) - but most graphics programmes seem to have similar fundamentals. Four hours later I have something passable that conveys style and does not look as if it was created from clipart and a uniform template. At some point within the next month I should have worked out how to save it in a format that will be useful.
Thursday, 4 September 2008
You have the idea, you have bored your friends about it and then comes the reality. Take a deep breath and go! Many small businesses are set up each year, some will become defy the odds and make it. This is my story as I to try to launch an innovative new website selling children's products.
My great idea came over a year ago – we got fed up of parcelling my daughter papoose style to get her to nursery when for most of the journey she would be over heating. Ever inventive, when DH bemoaned the lack of something to keep her warm, I quickly ran up the cutest little hoody for her. That would have been that, but every time my daughter went out in her little hoody the comments came flooding in. I was keen to pursue this, but trying to bring a single product to market is rarely cost effective – so the project went on hold.
Even this early on I found out a thing or two about the perils of internet business. Before I got to the name Rocking Hoods I thought that Babes in a Hood may be a good idea. Wrong! I made one for a little girl in a wheelchair (up to then at the end of daycare they just sat her in her chair with her anoraks back to front with her little hood dangling about her chin) when her Mum tried to look up Babes in the Hood to write up something complementary, she did not find me - and the only feed back I got was that what she saw made her blush...like a beetroot! (Hence Rocking Hoods not Babes in the Hood).
The good news is that you really don't need to start with a blank page; there is loads of advice out there to help. The big problem is working out where research ends and procrastination sets in. My plan is to share with you some of my research and the pit falls of stumbling into business. I hope to have some uplifting successes, but we shall see...