168 – How much does it cost to start a UK-made brand?

There are a lot of different costs involved in launching a brand. But in this episode, I break it down into four main segments: prototyping; stock; marketing and admin.I also advise on what the typical amount is that new businesses spend in getting their brand off the ground, and smart ways that you can reduce those costs.Discover:The new ‘Made in UK’ Award introduced by The Great British Entrepreneur Awards for 2021 in partnership with Make it British 01:14The costs you need to account for before you put your products into production 02:49An idea on costs you might be charged for sampling 04:27Why you shouldn’t invest all of your money in stock 06:37The one thing that every new brand forgets to save enough money for 09:05The boring but important stuff you may not have thought about 13:44How to stop your costs from spiralling out of control 13:59 Stay in TouchBritish Brand Accelerator - Find out how you can work with me to build your British-made brandMake it British websiteJoin Make it British - become a member of our community and promote your business in our directory or UK-made brands and manufacturersMake it British on InstagramMake it British on YouTube - subscribe to my YouTube channel to watch many of the podcast episodes as videos.Mentioned in this episode:British Brand Accelerator