Industry insights: 90 seconds with an expert
No one knows more about the day to day running of a business than the Funding Circle borrower community, so each month we ask an industry expert to share their expertise.
Industry insights (2) The drinkware industry
Recently, we heard from Darren Goldfinch, owner of Finch House, to gain insights into the cafe and coffee shop industry. For the second in our series, we caught up with Helen Smith, owner of Glogg, to hear her thoughts on designing and manufacturing a range of drinkware products.
See Helen’s stainless steel cup being manufactured in our short video.
Helen started Glogg in 2007 to plug a gap in the market for stainless steel, BPA-free water bottles. To help meet an order for 200,000 stainless steel pint cups for this year’s Glastonbury festival, Helen borrowed £40,000 in January 2015.
In this short video, Helen shares her insights into bringing a successful range of products to life:
- Lease your products to customers at events such as festivals
- Invest in getting the right legal advice from the start
- Carefully plan how much it will cost, and how long it will take to create a product
- Plug any gaps in your skill set by partnering with experts
Looking for funding for your next project?
If, like Helen, there is a product you want to bring to life, you can check if you qualify for a business loan online in just 30 seconds.
We’ve helped more than 17,000 businesses access finance for a range of purposes, and you can read more stories like Helen’s here.