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Annette Molyneux, over 50 from Plymouth took her lack of pension into her own hands and began her own enterprise.”

Soon after Annette Molyneux retired from teaching in 2006, she found herself affected by a change in state pension legislation.  Annette needed a new job, and decided she had always been good at flower arranging.  After carefully considering her options, Annette decided to study floristry with a view to starting her own business. 

Annette attended an enterprise awareness day in Plymouth to find out more about self- employment.  It was here, that Annette discovered The Prince’s Initiative for Mature Enterprise and quickly set to work on her business plan with support from PRIME.

Thanks to guidance from PRIME, Annette has met many of the obstacles that face PRIME clients, such as setting up a business in her own home, researching appropriate insurance and finding reliable and cost-effective suppliers.  However, she has overcome these challenges and is now the proud owner of her own business, Cherish Floral Design.

Annette registered self-employed in July 2011.  She says, “I feel extremely honoured to have received such support so late in life from PRIME.  It has breathed new life into my future and provided that much needed motivation and reassurance that sometimes disappears with redundancy and early retirement.

 Visit Annette’s website www.amemorytocherish.co.uk/ 

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Gerry, 55 years old, was made redundant but proves mentoring really can help lead to business creation.

With a background in IT and technical project management, Gerry Chandler, 55, took redundancy five years ago from mobile phone company Orange, but due to the economic turndown he struggled to get either full time or contract employment.

Gerry decided to add more strings to his bow by retraining, and in 2010 he became an ADR (Alternative Dispute Resolution) accredited mediator, specialising in workplace dispute resolution.

“I felt I had the ideal background for this kind of career change,” says Gerry.  Gerry also got in touch with The Prince’s Initiative for Mature Enterprise who placed him with a mentor – Bob Jordan to help set up a mediating business.

“I think the most important thing that Bob has done is to really focus me on my priorities. It’s very much like having my own business partner” says Gerry.

 Bob, who is in his early 70s, started his career as a BBC engineer, but at the height of his career became Head of Human Resources with management responsibility for four and a half thousand BBC staff.  During his retirement, Bob agreed to be a PRIME mentor.

Bob says, “I come from a working class background and I have known what it is like to go through tough times. As a PRIME volunteer I can use my years of business experience to help get people where they want to be.”

 Thanks to Bob’s guidance and Gerry’s will power – Gerry has successfully started his mediating business, Elephants child and is helping conflict management in businesses across the UK. 

Elephant’s Childs primary objective is to offer an innovative and cost effective approach to anticipating and managing conflict in the workplace, based upon rapidly establishing effective relationships, built upon trust and common understanding.

For more information visit: www.elephantschild.com

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What do you get if you combine dogs, aromatherapy, and a previous career in sales? If you are Elizabeth Newman, 59,  the answer is a new business selling an original line in aromatherapy shampoo for dogs.

By combining her two great loves with her work experience, Elizabeth is now running “The Pampered Pooch”, which supplies luxury shampoo for dogs. Coming up with the name was the easy bit – “I’m always calling my pugs pampered pooches”, she says. But has the rest of the journey been a walk in the park?

How it all started

For most her career, Elizabeth worked in the retail jewellery business as a manager and a buyer, spending over 25 years working in Ipswich and then for just over the year at David Morris in Knightsbridge. But at 55, she found it difficult to get work. “I was looking for a part time job and found I was either ‘too old’ or ‘too experienced.”

Around the same time, Elizabeth had a serious operation, and with it, a little thinking time during the recovery period. “I’ve always been a devoted dog lover, and I’ve always had a deep interest in aromatherapy. I started to think about combining the two into natural products for dogs.” This is when she found PRIME on the web and applied for an information pack.

How the product was developed

With an eight-week course in aromatherapy under her belt, Elizabeth knew she had a knack for blending oils. The next step was turning this into a professional product. She called in a favour from a friend of her Partners a conveniently fully-qualified aroma therapist.

“My Partner had landscaped her garden, so she was more than happy to help.” Elizabeth had soon created the blends and samples she needed. The blends were then sent to the Veterinary Medical Directorate to be approved and soon after, Pampered Pooch had four shampoos to its name. 

Getting the product out there

First sample shampoos were sent to friends. Good reviews got the ball rolling, “I haven’t heard of a dog that doesn’t like it.” Particularly appealing thinks Elizabeth, is the fact that the shampoos entice dogs that usually don’t like being bathed into giving it a go. “Maybe it’s the aromatherapy, but it seems to calm them.” Elizabeth also took samples to other potential outlets such as dog breeders, saddleries (horse shops),country stores, pet boutiques and gift shops, “The local garage sells lots of the shampoos”, she says.

As a “born and bred salesperson” Elizabeth ensured she capitalised on opportunities where buyers may be lurking, hitting dog shows and charity events. Giving shampoos away as raffle prizes at a RSPCA and Suffolk Dog Day event was a bright idea. There was also a slot on her local radio Suffolk.

Apart from the cost of some samples, above-the-line marketing costs [where you give money to someone else] have been low. Elizabeth is holding back on creating a website,. She had quotes of over £1,000, but thinks that £150 is more what it should cost. “I wanted to try and stick to that.”

What’s next?

 Elizabeth hopes to expand the business from the local area where she lives in Suffolk and eventually take in the rest of the UK. She also wants to expand the range, continuing to draw on her marketing know-how. Possible products include doggie gift bags with appropriate towels and brushes, dog clothes and even her own range of dog aromatherapy soaps.

‘I was told that I couldn’t’ do it in my late 50s, but I know from the responses that I’m getting that it’s the right move.’

As told to Clare Dyson

Contact details for The Pampered Pooch

 Telephone: 01394 450264

Email: elizabethnewman@btinternet.com

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With over 30 years of experience in the construction industry and 15 years service with the same employer, Tony was made redundant in October 2009.

Since then, he applied for countless jobs but due to the recession and being over 50, the outcome was fruitless. He still had to maintain all his regular outgoings which was hard to do on Jobseekers Allowance.

Tony came across an empty off-licence shop in Swalecliffe, and the idea of becoming self-employed started to seem more achievable. The premises were ideal as it had sufficient storage space and needed little refurbishment work. He carried out his research and identified that there was a need for a local hardware shop to service the community. He had the full support and business expertise from his family and decided to take the plunge.

The thought of self-employment was exciting as he looked forward to not having to answer to anyone but himself, although he did have a few sleepless nights thinking about what it was going to be like dealing with the public.

The biggest challenge of setting up the business was finance. Tony was very fortunate to obtain an interest-free loan from his brother-in-law, but calculated that he would need a further loan of £10,000. It was whilst doing research on the Internet that Tony came across PRIME and discovered that they could provide help for the self-employed, including finance.

Tony registered online as a PRIME business club member and received a start-up pack and details of a loan facility. He made enquires about the Zopa-PRIME Olderpreneur loan and found that he was eligible, so he made a full application. The Zopa online bidding process gave him restless moments as with less than 24 hours remaining, he still required lenders to come up with half the money. If full funding cannot be achieved, the loan would be automatically declined.

Tony got the full amount of £10,000 which achieved at an overall interest rate of 12.91% APR.

Tony felt the support given to him by PRIME’s Loans manager was good and stated: “I felt that she was behind me all the way. Every time I called, she sounded very sincere. I would not have been able to set up my business without the loan”.

“To be able to wake up and work for yourself with no one to answer to apart from yourself (and the wife of course), is liberating and refreshing”.

Find out more about Tony at:

www.storersstore.co.uk

Storers Store – Household & Home essentials –

96 Herne Bay Road, Swalecliffe, Whitstable, Kent, CT5 2LX

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Tony Palmer

Tony Palmer of Crystal Mountain Glass

Made redundant at 52, and suffering from Myalgic Encephalopathy (ME), the Job Centre told Tony Palmer that his chances of paid employment were slim. Tony took matters into his own hands and started his own engraving business.

Crystal Mountain Glass sells engraved awards, wedding gifts, decanters, bowls, and paperweights, as well as rock tablets with multilevel carving, and Swarovski crystals. Tony bulk buys the glass from a supplier in Scotland, and engraves it in a 12ft x 15ft workshop in his back garden. Prices vary, with engraved pet tags at £5, Swarovski Suncatchers from £15, and Champions Trophies at £250.

Tony was made redundant in April 2008. He applied for jobs, but was never granted an interview. Tony suspected this was due to his age and health issues, and the Job Centre agreed with him. Tony says ‘I sat down and discussed it with my wife Marion. We chose self-employment because it was the only option’. On the 1st September 2008, the business was launched.

Starting up

Tony cashed in his pension to buy his equipment and start the business. The equipment cost around £12,000 as some of it had to be imported from America. By giving up his pension, Tony runs the risk of relying on job seekers allowance if the business is unsuccessful. Yet Tony is confident in his ability, and so far, all is going well.

Tony’s first step to becoming self-employed was to ‘get advice’. Tony attended free HMRC workshops on tax returns and VAT. This helped Tony decide whether to be VAT registered or not, and helped him understand about accounts and bookkeeping. Tony is now thinking of taking on an accountant to save time, but is clued up enough to know what is what.

Tony took part in Business Link workshops, which focused on starting in business, and creating a website. He plans to attend a further course on increasing website traffic, and has requested an information factsheet (or Cobweb) on the same, from PRIME. Tony’s main tip in becoming self-employed is ‘Get as much advice as possible. It is free and always valuable’. You can find details of free workshops in your area by going to www.primebusinessclub.com/category/events.

Marketing

Tony and Marion attend craft fairs each month. A pitch can cost anything between £70 and £170 for a 6ft area. The fairs are a way of spreading the word, and can often bring in large orders a few months down the line. Tony says ‘people will talk to us at an event, then a sports day or award ceremony will pop up, and they’ll remember and give us a call’.

Tony wanted to employ a website designer, but every quote was 4 figures so he did it himself instead. Tony went to www.123-reg.co.uk and bought a domain name. It was then about £70 for a software package, which allowed Tony to upload information via already formatted templates.

When looking for a glass supplier, Tony made a shrewd move with The Glass Scribe International in Scotland. As well as getting a good deal on wholesale glass, Tony became sole distributor for The Glass Scribe in London. This meant that Tony got a free listing as a stockist on The Glass Scribe’s website, as well as being able to show off his collection to those picking up orders.

Networking

Tony attends a small business club, once a month, in Thurrock. ‘It is good to mix with businesses that are in different stages of development’ says Tony. People share knowledge and tips, and it is also a good chance to gain contacts, and talk about your own product.

Problems

Tony suffers from Myalgic Encephalopathy (ME). ME can cause severe fatigue and malaise after mental or physical activity. Tony’s old job demanded long periods of visual processing; about 60% of the time dedicated to looking at a computer screen. Tony would go for so many weeks, but then have to take time off to recover. Now his own boss, Tony can have what his specialist calls ‘a modified living style’. He brakes up his time in front of the computer, interchanging it with other aspects of the business. As a result, Tony’s ME becomes more manageable.

Seven months after Crystal Mountain Glass began, and the business is beginning to fund itself. But work is sporadic, and Tony and Marion sometimes have to dip into their bank account to keep the cash flow going. This is a temporary solution, until orders become more regular.

What Tony really wants, is enough profit to support a showroom or a shop. That way people could peruse the collection first hand, just like they do at the craft fairs. With an increasing customer base, and regular marketing, it is surely just a matter of time.

Contact

Crystal Mountain Glass
23 Somerset Gardens
Basildon
Essex
SS13 3JJ
Tel: 07504 779038
E-mail: tony.palmer@crystalmountainglass.co.uk
Website: www.crystalmountainglass.co.uk

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Angela Ricards of Purely Bowen

Angela Ricards of Purely Bowen

Angela, 55, is a qualified Bowen massage therapist treating horses, dogs and people to help them with pain relief. She discovered the Bowen Technique as a client, having chronic pain issues herself following a car accident. 

 

 

 

“It wasn’t a light bulb moment, more a growing awareness that this was possibly the way forward to work for myself”, says Angela. The Bowen Technique is a gentle, holistic and non-invasive therapy that promotes healing and pain relief.

 

Angela was unemployed when she contacted PRIME for help with setting up her business. But she’d already been studying for the professional qualifications needed to become a Bowen therapist while in work – selling homes then working for a major charity. “My working life in the past was a means to an end, to support my greatest love – horses”, says Angela.

 

Angela read an article about PRIME and decided to get in contact. PRIME told her about the ‘Test Trading’ Scheme, a scheme run by Jobcentre at the time to help people on Jobseekers allowance start-up their own businesses whilst still receiving their benefits until the business was making enough money to fully support the individual. Angela went back to Jobcentre and asked to be put on the scheme. She was assigned a senior advisor specialising in self-employment, who fast-tracked her on to the scheme. She was appointed a mentor who visited her every two weeks to ensure she had a business plan, advise her on marketing and ensure that she still received her benefits.

 

“I had never written a business plan before. From information on the PRIME Website and other sources of online help and support from my mentor, I managed to complete a Plan, which I still refer to now.”

 

Angela’s practice, Purely Bowen, continues to grow. She now has a website, www.purelybowen.co.uk.The unique selling point of the business is she is qualified to treat people, dogs and horses. There are less than twenty Bowen therapists in the whole UK qualified in all three modalities. She regularly keeps up to date with current information and developments in human, dog and horse health and attends seminars, training sessions and workshops.

 

“My advice to other potential Olderpreneurs is, don’t give up,  keep your focus and be prepared to find doors opening for you that you had never known to exist”.

 

 “Had it not been for PRIME’s help, I would not be the happy Olderpreneur that I am now. The written information pack was great – really made me feel supported, and I used the website many times.”

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Bob Rawal

Bob Rawal of Bell Court Packaging

Bob Rawal, 57, contacted PRIME in April 2010 and was sent a free start-up pack. Later that month he went onto apply for a Zopa-PRIME Olderpreneur loan.

Bob decided to start up his own business after being made redundant twice in three years. Up until this point he had spent 35 years in the medical needle packaging industry. A number of those years were spent working for one company as a production director, responsible for 200 employees, overseeing the shop floor operations for packaging. In November 2009 Bob got made redundant for the second time and had to sign on to Jobseekers Allowance. “I got really down and disheartened at this point and felt like I was being treated as a number”.

Not wanting to be out of work for long he joined an agency and took on some temporary assignments. After the agency took its fee he was getting minimum wage (£5.85 per hour). This was not enough to live on. Bob had a small amount of redundancy money which he was using to pay the bills.

Bob decided he was going to start-up a business in an area in which he had over 35 years experience – packaging. His brother gave him some packaging equipment. But he did not have enough money to cover the start-up costs. He knew in the current recession the banks were not likely to lend to him. After searching the internet Bob came across PRIME’s website and immediately requested a free business start-up pack. Within three days the pack arrived in the post and he read all about the Zopa-PRIME Olderpreneur loan and decided to apply. After going through the application process with PRIME’s Loan Manager and providing a strong business plan, Bob got a loan of £3,500 with an interest rate of 8%. He also put what was left of his redundancy money, £1,600, towards starting up.

Bob says “Without the help and guidance of the PRIME Loans Manager I would have found it very difficult to start the business up. She always kept in contact and chased me up on things I needed to do.”

Bob started up Bell Court Packaging Solutions in April 2010. The unique selling point of the business is offering a mobile packaging service where he will go to a company’s premises and pack onsite. Blister packing, skin packing and hand packing are some of the in-house services offered.  He also advises clients about the most cost-effective and environmentally-friendly ways to pack their goods.

Bob is continuing to get regular bookings coming in. “It’s hard work but I am really enjoying working for myself.”, he says. “The one piece of advice I would give to someone thinking about starting their own business is to keep your chin up and always take care of your finances”

PRIME’s innovative loan scheme with Zopa is made possible by a generous donation from the Bank of America Charitable Foundation. Under the scheme ordinary members of the public lend directly to borrowers who have been pre-approved by PRIME and Zopa. To find out more go to our loans page.

Contact

Website: http://www.bellcourtpackaging.co.uk/

Bob Rawal

Bell Court Packaging Solutions

bob.rawal@gmail.com

07722920305

Phil Butler, PJ Butler Sales and Marketing Listen to this page using ReadSpeaker

Phil Butler 59, had spent 30 years working for various large companies in senior sales and marketing positions. He’d been responsible for negotiating and looking after major contracts in a long and varied career. He wanted to use his 30 years of experience to do something different but was not sure which direction to go - – - read more >

Sharon Lawrence, Flying Changes PA Listen to this page using ReadSpeaker

When PA, Sharon Lawrence, was made redundant at 50, she decided to go it alone and set up her own business as a virtual personal assistant (VPA). Flying Changes PA offers independent secretarial support for £19 – £23 an hour. Sharon says, ‘The more you stick at it, the better it gets. I would never - – - read more >

Suzy Kilgour, Walking Workouts Listen to this page using ReadSpeaker

Olderpreneur Suzy Kilgour, 53 has become a specialist fitness instructor, after seven years in the charity sector. Suzy Kilgour runs Walking Workouts – a fitness business specialising in power walking and low impact body conditioning. Group sessions take place on Clapham Common and cost £14 an hour. Personal training comes in at £40 an hour, - – - read more >

Make it and Mend it Listen to this page using ReadSpeaker

A group of crafty over 50s have proved that four heads are better than one, by setting up creative resource website www.makeitandmendit.com. Clare Flynn, Clare O’Brien, Anne Caborn, and Hillary Bruffell joined forces in January 2009, and have since established a strong following of almost 2,500 people on social networking sites Facebook and Twitter.‘The business - – - read more >

Robert White, Energy Assessor Listen to this page using ReadSpeaker

After 30 years in finance and leasing, 58-year-old Robert White has started a new trade as a domestic energy assessor. West Bromwich man Bob spent 30 years in finance and leasing, as sales manager, business development manager, and managing director. With the recession the market declined, and Bob found himself made redundant three times in - – - read more >

Jackie Hatton and Denise Lever, Country Cousins Lifestyle Listen to this page using ReadSpeaker

Cousins Jackie Hatton, 52 and Denise Lever, 50 have set up a gift shop in Hebden Bridge, Yorkshire. The shop offers affordable country lifestyle gifts, which can be anything from handmade soap to second hand furniture. Taking it in turns to man the counter, Denise and Jackie each enjoy a three-four day week, and split - – - read more >

Janet Wilks, Beliefs Therapist Listen to this page using ReadSpeaker

Fifty six year old Janet Wilks is earning £30,000 a year after starting a business in Belief Therapy. Janet, who lives in Leeds, helps people dismantle conscious and unconscious limiting beliefs, so that they can live a fuller life. Janet specialises in confidence building, personal development, and new businesses. Janet sees seven to ten people - – - read more >

Lynn Swift, H and B Inheritance Listen to this page using ReadSpeaker

Lynn Swift worked for almost 30 years for the same local law firm. Following redundancy, she now runs her own successful legal business in Walsall in the West Midlands.  Called H & B Inheritance, it deals with wills, probate, deeds of variation, lasting powers of attorney and changes of name.  Lynn had been thinking about - – - read more >

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