What advice would you give to other parents wanting to set up an online business?

Research your market, make sure you have something you think there is a demand for. Talk to others in similar businesses, forums are great places to share ideas and information and test the waters a bit, also social networking sites like Facebook and Twitter have a wealth of information from others running their own business. Bounce your ideas off your friends to see what they think as they should be very honest. There are lots of sites out there which have great tips and ideas for setting up new businesses too, these are worth delving into…the dragons have very good lists of do’s and don’ts!

Financially try and do as much self-financing as you can, getting loans in this financial climate can be dangerous as you never know how quickly you will get your return. It can take a good year or so to actually start generating profit so bear this in mind (depending on the type of business). Also have contingency and set a good lump aside for advertising. If you can, spend money on your website if this is your only means of selling as getting this right can really improve your chances, people need to be attracted to it and it has to work smoothly.

Be patient….the moment you press go is an amazing feeling but it takes time for businesses to grow and it takes a lot of commitment and hard work. Make sure you have a great support network around you who are comfortable knowing you might be working nights and weekends to get it off the ground. Go for it! If we hadn’t have taken the plunge we might never have. If your gut says it’s a good idea then do it, I’m a great believer in trusting instincts, if you have a good feeling about something, you should have the confidence to do it or you might just regret it. The right amount of determination, support and maybe a bit of luck can sometimes get you to the place you might have only once dreamed of.

How do you see Prepmybaby progressing over 2012?
We want this year to be our year, we are focused for a great 2012 and have lots of new ideas for the site and already a few new products lined up. Our long-term goal is to be the one stop online shop people come to for baby and mum products that are organic and just a little bit luxurious. So this is the year we work our hardest to help us in our journey to get there, and I’m sure next year we’ll work even harder.

If you had a magic wand and could grant one wish for your business, what would it be?
To be exactly where we are now as it wouldn’t be the same without all our hard work and dedication. It makes prepmybaby who it is and we are proud of that. But if there is a bit of fairy dust to sprinkle, maybe it can bring us the promise of further success for our business and continued satisfaction to those that shop with us.

For more information about Prep My Baby visit their website www.prepmybaby.co.uk

Or join them on Facebook at http://www.facebook.com/prepmybaby