Sunday, November 15, 2009
Nutter Butter moved to Michigan, Acorn is having a baby in December, Spanish Peanut is also pregnant, Hazel is getting married, and I bought a restaurant. Needless to say, our dream of a craft store has been waylaid by life. Dang!
I think I'll still post some projects from time to time. I seem to be motivated again. Go figure. Let me know what you think.
Thursday, February 5, 2009
Our first task is to raise some capital so we can begin saving for our initial start up costs. Now, you may say "Why don't you get a Small Business Loan?". Yes, this is a possibility. I'll post more about the SBA and getting a loan later. But right now, we would rather have some capital to start with so our initial loan doesn't have to be so big. This is especially important when opening a new business and things are a bit slow as you build clientele. Keeping our overhead low will enable us to have less of a chance of running too thin.
We've decided to raise some money selling our wares on Etsy.com, at local craft fairs, through word of mouth etc...Each of us has decided to make 1-3 items enemas to sell. You can check up on our project progress in later posts. By keeping the product line simple it will allow us to produce a good number of pieces to sell with profits going to the store. You can visit our Etsy.com store by using the link on the right hand navigation bar.
Speaking of sales, marketing is a huge part of the business of sales. Branding your business should not be underestimated and needs to be considered when you begin launching your business. We have developed our name and a logo w/ a look and feel we want to achieve. Now we need to remain consistent w/ the look of the logo as we progress forward into the marketplace. With this in mind, one of our first steps is we will need to get some fabric labels to place on all the items to help w/ branding and getting the word out about us.
Keeping our business in line with the law is also important, so in the near future we will also need to apply for a business license here in town. Some counties do not require one for this type of business. But it is best to check it out at your local court house, just in case. Unfortunately, in Greene Co "A merchant is any person, corporation, partnership or association of persons who engages in the sale of goods, wares and merchandise at wholesale or retail. The sales may be made for profit or they may be accommodation sales (not for profit); they may be made from a stock of goods on hand or by ordering goods from another source." Thus, in order to sell at craft fairs etc... we'll need to apply for a license. Don't worry, this is a simple process. You can go to your county courthouse to apply for one. There are a few forms to fill out, and generally you can download them off the government site and bring them to the office with you. The license is usually only $25-30 or so annually.
Phase 1 will obviously take us a while to accomplish. But that’s ok- it’s part of the journey. I’ll talk about the numbers it will take to achieve our goal for Phase 1 and move to Phase 2 next week.
Thursday, January 29, 2009
A welcoming storefront, modern but still comfortable enough to hang out in. It would be a mecca of yarn, or at least a place to go for all things fiber arts. We want to include lots of beautiful yarns of course, knitting supplies, and sections for weavers, embroiderers, and spinners too. It would have an area for designer fabrics, limited patterns and notions, for sewers and crafters. The store would also need comfy place to sit, knit, chat, learn and teach in the middle of the store. An important addition was the section for consignments and finished project sales for local crafters to display their works. And finally, just for Nutter, a small kitchen where she can whip up snacks for customers.
The Big Idea was PERFECT! But more than a few questions remained. How do we get there from here? Can we all stick it out? Is this the one idea that will work? Do we have the finances it takes to pull something like this off? Etc, Etc, Etc........
We need a plan!
Monday, January 26, 2009
As I mentioned in my first post, I have been inspired or at least guided down a path. In my never ending quest to find a self-sustaining business concept, I've toyed with selling hand made goods. I'm pretty handy in the arts and crafts field, or domestic as some might say, but was I good enough to build a business from doing this? And making what exactly? Soaps and bathbombs? Diaper bags and slings? I just wasn't quite sure. All I knew was that I get super excited about craft projects! Almost any project. It is very few times in life where you can start from scratch. Each new project lends its self to so much possibility and promise. Picking out the materials and creating the patterns are a spiritual process in and of themselves even before you begin your projects journey to completion (Just ask Hazel about her trip to the fabric store last week ;0)). So, naturally I wanted to make my love/hobby into a career. I began to research the idea in depth learning about the cottage craft industry and trying to determine the longevity of a homebased business. It was doable, but not for me at that time. I put the idea on hold for a while.
It was a few months ago that several signs began to appear in my life. What is that called? Synchronicity, I think. A kind of Celestine Prophesy thing where things just seem to lead you down a certain path...
The girls approached me about doing some crafts to sell as a fundraiser. As expected, I was super excited! This initial idea was where the name developed. It was taken from a crazy holiday decoration shopping spree that Acorn and Spanish Peanut experienced. They apparently lost control at Hobby Lobby and bought all the cheesy and corney holiday decoration kits. You know, the ones where you glue weird things on to ornaments and make glittery reindeers from cardboard. Anyway, they gave away their wonderful creations signing the gift cards- The Squirrely Girls. I guess it stuck. So, we had a name. Sign? Yes. Definitely.
I threw a logo together. As we all know good marketing is the key to any successful business. They all loved it. Sign? Sure.
More signs began to appear. Nutter held the Inaugural MLK Craft Day at her house. It was great. We snacked, chatted, and crafted. Nutter and I walked down the street to a little craft shop for a breath of fresh air. As we browsed for patterns and scouted out the store in undercover defective style, what should be at the check out counter? A cd entitled Squirrely Girl. Yeah, that's right. At the counter of a craft shop! We about fell over and raced back to inform the other squirrels of our discovery! Sign? Oh, yeah!
That evening I searched etsy.com, no Squirrely Girls. Another sign? You bet!
We have a tailless squirrel in our parking lot at work. A Sign? No, but funny.
Spanish Peanut had another group of girls when she was younger who all had nut names too. A Sign? No, but interesting.
I had been reading Friday Night Knitting Club when all this was occurring. Towards the end of the book Georgia tells her friend Cat that loving what you do makes it more difficult to quit. A Sign? As big as a billboard.
Finally, a friend of mine had an advisor who once told her, “Finding your career of choice is simple. Take what you love… make it a hobby. Take something you can make money at… and make it a career.” She recently posted this quote in her blog. To me this is the final sign, and a challenge well worth meeting!
We will wait to see what else fate dishes out.
Wednesday, January 21, 2009
Acorn, the ever cautious one, who likes to think and think and then ponder about everything would be very concerned about the temperature of the pool, would make sure the rest of the squirrels had on enough sunscreen and then would wait for the life guard to come back on duty before dipping her toe in the water.
Hazelnut or Hazel, an orderly squirrel, must have a SOP (Standard Operating Procedure) in hand before she could even head out the door to go to the pool. She is organized, timely with military precision, and tough.
Spanish Peanut, our free spirit, would drop her bag and simply run toward the pool upon entering the pool area and do the best cannon ball ever. She would do this partially becaue it would freak Acorn out because she was running on the deck and could possible slip and fall and partially because it was just fun.
Nutter Butter, our shy and creative squirrel, would sit on the lounge chair pretending to read a deep book, probably something to do with the history of women or poetry or something, but she would secretly be watching all the other pool patrons and making funny whitty comments about them to the rest of us.
Finally, there is me. I'll call myself Alfred after the tailless squirrel that runs around our parking lot at work. I'd probably just spend my time at the pool swimming laps, because I'm primarily all business and very little play. This would enable me to get two things done at once- a workout and some hanginout with my friends.
We each bring something different to the table that's for sure, that's probably why we all get along. We run together, do yoga together, and we all knit and sew. Some of us are more advanced with our skills than others and some are just learning a craft, but we all have the spark to ignite that creative fire. And that's what counts! Right?