Start Your Own Business
Agree with w23
@HB:- every thought of crowd funding? indiegogo is a good place to start.
£20k is only £100 from 200 people, do you have the space and water supply?
Whim micro brewery runs from a small barn not much larger than a garden shed.
Quote from: w23 .
We can never have too many good independent breweries IMO
@HB:- every thought of crowd funding? indiegogo is a good place to start.
£20k is only £100 from 200 people, do you have the space and water supply?
Whim micro brewery runs from a small barn not much larger than a garden shed.
Some friends set up a micro brewery a couple of years ago - they now supply Selfridges own label, I believe - and the £20K for the equipment is but a start. The kit has to be installed by approved fitters/plumbers etc who are few and far between and consequently calculate their rates by thinking of a (big) number and doubling it. Then there's a hideously frustrating and time consuming mass of regulations, inspections, licenses etc that have to got and of, course paid for ..
You also have to actual develop a good recipe, get art for bottles done, pay for marketing etc etc.
Finally, you actually have to find someone to buy your beer. Fortunately for my friends, the hubby has been in the trade (though more on the wine side) for decades so had lots of contacts both among buyers and - equally important - in the meda and he'd been involved in other micro breweries (though not as directly) before.
They have been working minimum 12 hours a day, 7 days a week for a couple of years now - most of that before they were in a position to sell anything - and still aren't quite paying their way. Having started with pretty much every conceivable advantage.
Don't know about you, but the whole thing exhausts me just thinking about it
You also have to actual develop a good recipe, get art for bottles done, pay for marketing etc etc.
Finally, you actually have to find someone to buy your beer. Fortunately for my friends, the hubby has been in the trade (though more on the wine side) for decades so had lots of contacts both among buyers and - equally important - in the meda and he'd been involved in other micro breweries (though not as directly) before.
They have been working minimum 12 hours a day, 7 days a week for a couple of years now - most of that before they were in a position to sell anything - and still aren't quite paying their way. Having started with pretty much every conceivable advantage.
Don't know about you, but the whole thing exhausts me just thinking about it
At the risk of being negative there are lots of experienced people who have been in Business for years yet despite that the business goes bust.
So what chance does someone with little or no experience have in starting a business from scratch. ?
Some successful businesses have gone to the wall because those they supplied goods too went bankrupt and they were left with losses they could not meet.
Clearly some people succeed but it can be at the cost of their personal life as they devote all their time to the business and little to their family.
If you want a stressful and short life..........start a business !
So what chance does someone with little or no experience have in starting a business from scratch. ?
Some successful businesses have gone to the wall because those they supplied goods too went bankrupt and they were left with losses they could not meet.
Clearly some people succeed but it can be at the cost of their personal life as they devote all their time to the business and little to their family.
If you want a stressful and short life..........start a business !