Tag Archives: stall holder

Calling all crafters, designers, artists and food lovers

Simply Handmade Markets at Yamba

SIMPLY Crafts together the Raymond Laurie Sports Centre are bringing together talented artists, designers, stylists, craftspeople and gourmets all in one location. This is a unique event for Yamba to connect with the makers of beautiful things to people who appreciate quality, handcrafted and locally designed items.

The first handmade market will be held indoors at the Raymond Laurie Sports Centre, Yamba on Sunday 2nd December 2012. The markets will be open to the Public from 9am until 2.00pm.

Anyone interested in becoming a stall holder at the market can contact Gabrielle, Lisa or Lyndall at Simply Crafts at 29 Yamba Street, Yamba, 02 66463388 or email us at simplycrafts@westnet.com.au or on facebook at simplyhandmademarketsatyamba. Enquiries can also be made through Steve at the Raymond Laurie Sports Centre. An application needs to be filled out so you can pick one up at either place or we can email you one. Cost for a 3 x 3m stall is $25.00 or a 4×4 is $40. Powered sites also available for an extra fee.

Date/s of Event: 2 December 2012
Name of Event: Simply Handmade Markets at Yamba
Contact details for the event (email and or phone number): info@simplycrafts.com.au or 6646 3388

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5 things you need to know about starting a business

Start me up.

by KATE MATTHEWS

I came across this quote recently and it really struck a chord with me. Does it resonate with you too?

start to be great

Anyone contemplating a new business venture will appreciate that taking a ‘great idea’ to the next level can be very exciting but not without its challenges. I know too well; I’ve got more than one business plan on the table right now. It quickly becomes obvious having a bright idea is only the tip of the iceberg when it comes to getting something off the ground and into the market place.

Here’s a quick guide to 5 things you need to know about starting a  business:

1. Coming up with start-up capital often be one of the biggest hurdles. Even micro businesses need a few dollars to invest in  purchasing materials,  stock and promotional media like a website, domain name, business cards, and the like. And if you intend to trade under a business name, you’ll need to register it (for a fee) with the Australian Securities and Investment Commission (ASIC).  Of course if your idea is a little grander, then chances are you’ll need a substantial amount of money and borrowing and investing in a new business is not without risk.  

Financial choices can be limited and fraught with danger. If you don’t have any savings to draw on, you’ll need to apply for a loan or use a credit card. Before taking on any debt you’ll want to thoroughly work through your start-up costs and be realistic. Family and friends are another option as investors, but beware, disputes over money can cost more than the loan repayment so think hard before taking this route. Make sure you have a written agreement to repay the debt and the terms and conditions of the loan; take it seriously and stick to it.

2. Plan to succeed. That means putting together a business plan. Yes, even you. It can be as simple or detailed as you wish, but making a plan helps you to work out your ideas and should give you realistic expectations in terms of start-up costs. You are likely to need a thorough business plan if you want to apply for a business loan, and financial institutions will want some proof of security as well as a briefing on your previous experience relevant to your proposed business.

There are plenty of great resources for business plan preparation. In New South Wales, you can start with the NSW government site for Trade and Investment, www.smallbiz.nsw.gov.au

3. Be prepared for a lot of work before your great idea gets to market. Aside from all the hours spent planning your new venture, you’ll need to thoroughly research your intended market and your competition, as well as potential suppliers and the range of products and services currently on offer.

If your idea is based on your creative skills, once you’ve done your research you’ll need to start creating! Assuming you have enough capital to invest in materials and the tools of the trade, or you already have some on hand, now is the time to get productive – doing what you love! There’s a fine balance between having enough stock and having too much and only time will tell if you get it right.

And time is what you’ll need plenty of. Juggling a business around a family and possibly another job can be a challenge, but a very rewarding one if you get it right. Be prepared to compromise and negotiate. Not everyone will understand the level of commitment needed to get a business off the ground, especially those closest to you.

But if you develop good time management skills, learn to prioritise, and take time to spend with the people you love, hopefully you’ll find a great balance.

4. Insurance. Anyone wishing to trade a product or service, including market stall holders, will need some form of public liability cover. As with finance, there are many options. But just like capital, public liability insurance is an essential. While some market organisers provide an insurance option within the booking fee, many don’t. Try googling ‘market stall insurance’, or check out a quote from www.marketstallinsurance.com (please note this is not a paid endorsement and north coast markets is not affiliated with this broker in any way). Product liability insurance can be purchased at an additional cost.

5. Find a good business mentor, but don’t limit yourself to just one. A reputable accountant will help you navigate many of your financial and legal concerns. If you don’t already have an accountant, try to get a referral from someone you trust and when choosing one, look for an accountant who has previous experience in your line of business.

Your local chamber of commerce or business enterprise centre should also be able to point you in the right direction.

There are hundreds, if not thousands of online business mentors too. Find one or more that resonates with you. If you choose to follow a virtual mentor via social media, you’ll be rewarded with free tips and information, plus a lot of inspiration.

And your bonus point, number 6: Test your product or service at a local market. Being a stall holder, if only temporary, will give you the opportunity for direct feedback from your customers. It may be all the encouragement you need to develop your idea further and go into full production, or perhaps to refine your product or service to better meet the needs of your market. Here’s a link to the North Coast Market Directory, where you’ll find links to markets right across the region, of all descriptions.

Got any comments or ideas to add to the above post? I look forward to hearing from you.  You can follow North Coast Markets on facebook and stay up to date with what’s on when and where, from the Tweed to the Hastings.  You can also find NCM on twitter and/or subscribe to this blog.

Related Info and resources

King Billy

Meet King Billy… Anna and her family have recently relocated to the north coast from Tasmania, bringing with them a creative flair for all things fun.
Hand made sock monkeys – fabulous for baby presents! King Bill make Zebra’s, elephants and more

Hi! I’m Anna – the WHAM behind King Billy. I have 2 boys (3 counting my hubby) and bub 3 on the way. Life is generally fairly busy – but given a few spare minutes I love to be creating something. My skills and interest have definitely come from my mum who is a textiles teacher but also my creative friends whom I love to hang out with and dream big.

King Billy has recently moved from Tasmania to the sunny (?) north coast! We are loving the move and hoping to get involved with a lot more local area markets this year. Please let me know which ones you recommend.

Girls Winter Dress / Jacket. Soft pin whale cord fully lined with brushed cotton – perfect with tights and a skivvy! Custom orders only.

One of my aims is to make things that are aimed more at boys or less ‘pink’ girls. I really enjoy developing and forming ideas in my head, developing them, then making them and releasing them for public opinion.

Examples of some of our tie dye. Currently all singlets are 100% cotton Bonds singlets. I dye both boys and girls style from tiny size 0000 right up to Adults sizes. Custom orders available too.

A lot of my stock is made as ‘one offs’ or for a specific purpose but I do do a few stock releases each year and show some of my latest projects. I am also mostly happy to do custom orders if you see something you like that has been sold already.

Unisex Canvas Messenger style bag – Plane raw edge appliques with hand stitched flight path detail. This one is currently listed on http://www.madeit.com

Drop in to have a look at our ever-changing range. Introduce yourself – i love meeting our fans!

You can find us at the markets, including Casino and Kyogle, on Facebook www.facebook.com/kingbilly0

Or at madeit here http://www.madeit.com.au/kingbilly

This is a photo of King Billy – at our first NSW market. We learned a lot of things! I love the bright happy colours.

Ask questions, get answers…

Ask questions, get answers…

Wouldn’t it be great if you could network with other stall holders and small businesses?

A place to grab a (virtual) coffee at any time of day or night and have a chat about things that are important to you? Somewhere to ask questions and get answers?

North Coast Markets is preparing to launch the Australian stall holder and small business network and if you’re a small business or stall holder anywhere in Australia you’re invited to join in the conversation.

We’ll start with a platform we’re all familiar with: Facebook groups.

The Australian stall holder and small business network will be a closed group, which means your posts remain private to those that are within the group, and individuals can only join the group by invitation. It also means that your personal info remains protected, that is, when non-friends are in the same group as you, this does not allow them to see any more of your profile (timeline) information than your privacy settings allow.

There’s no membership fees, and you can opt out any time you like.

To take part in this exciting new forum, contact me and let’s start talking.