Crochet Diploma Modules 15, 16 and 17

Well that’s it I’ve completed it, these last 3 modules covered starting your own business. Venues (craft fairs, farmers markets, car boots) and Advertising, Online marketing, Social Media, Opening your own shop and monitoring each of these so that you know what’s working best for you.

It covered financing and budgeting from incomings v outgoings to pricing of items (always an issue for crafters) to gaining financial backing to start your own business.

Taxes / VAT and HMRC registering, and how to keep a record to make submitting taxes easier. Anyone registered with the HMRC for their craft? I tried to years ago but because I never actually make a profit to not bother registering till I make a profit of £1000, that is never going to happen so have never revisited it, anyone know if this has changed? I am always in the negative profit as I cannot resist that yarn or new book or new pattern and never charge what I should Ha Ha.

The module also covered how to write up a business plan, which is crucial if you intend to start your own business and require financial backing. This section was very informative and gave you simplistic breakdowns of each section and how to approach it.

So overall, even though I don’t plan to open a shop, or run a stall etc, I found these last three modules very interesting. So if you are planning to start your own business then it’s really useful.

Thanks for reading, stay safe, stay home

Take Care, Marie @ Cosy Crochet

Crochet Diploma – Module 14

First Steps

Hi again, we are now into the business side of things, after this one I may group the final 3 together, I’m not planning to run Cosy Crochet as I business as I don’t want it to take the fun away from what I enjoy.

The module takes you through all the types of Crochet businesses and I definitely fall into the bespoke category and will make something if requested, otherwise I make what my heart wants to make and if someone wants it then brilliant.

  • Bespoke
  • Retail
  • Pattern Sales
  • Crochet Lessons

These are your four categories and I would like to do lessons one day, I think, I know how hard I found it when I first started so would like to pass onto others how easily it can click in place. Something for the future maybe?

The module did go into the value of finding your target audience and how you can narrow this down by giving you an extensive series of questions to ask to aide this. So if you are planing to make a business from your craft these are really useful.

It also covered Copy-write Do’s and Dont’s which was really good and you can find all the information you need on the Gov.uk website if you are unsure. It can be a really tricky nightmare for a crafter to know if they are allowed to sell items made from a pattern or not so it would be good to refer to this if you are unsure. The link above will take you direct to the page you need, if not search for Knitting & Sewing patterns in their search bar and it should come up ay the top.

I’m happy as I am at the moment, I enjoy what I do and don’t want any added business pressure to ruin that. I would NOT encourage others not to go for it though, if you can make a business from something you love then you should go for it, Why not?

Love to you all, bye for now,

Marie @ Cosy Crochet