RSS

Karen Bremner: beyond The Apprentice

Article Date:  Aug 13 2008

It seems there’s nothing Apprentice star Karen Bremner won’t try. Having worked as a solicitor to the RAF, and trained as a stockbroker, she has now set up her own clothing boutique. One year on and her turnover has hit £250,000.

Tell us a bit about your business.
The idea was born out of necessity. I’d just moved to Broughty Ferry in Dundee and couldn’t find anywhere to go shopping for clothes. After The Apprentice I was looking for a business opportunity, so I started KarenB. There was definitely a gap in the market for a non-exclusive boutique aimed at people of all income brackets. I did a lot of research and planning for it. Because the market is so high risk, I knew it had to be something special to succeed.

How did you fund it?
Our starting costs were really low, I just used £14,000 from my savings. The fittings were from IKEA and I painted it myself. In terms of marketing I only spent a couple of hundred pounds; the fact a new shop was opening in the town and my being on The Apprentice were both good marketing opportunities in themselves. In the first month we were already making profit because the costs were so low.

What effect did getting fired from The Apprentice have on you?

It was the biggest kick in the teeth I’ve ever had. I just couldn’t understand why. However, it made me realise I’m better off being my own boss. Without The Apprentice I wouldn’t have had the confidence to start my own business. I realise now the best thing Alan Sugar could have done was to fire me in the third week. I left with professional credibility and was given a lot of positive publicity.

What is your view of Alan Sugar now?
He doesn’t inspire me. I look at him and see a successful person but not a happy man. I think there were many reasons he didn’t like me. He doesn’t like graduates and he assumed I had come from a privileged background – which isn’t true at all. He’s also made his views on working mums very clear. He believes he should be able to ask women direct questions about their childcare arrangements. I think that’s a disgrace. I share all the childcare with my husband, but he wouldn’t dream of asking him such questions.

What’s next?
Well, I’ve just been asked to be an agent for three of the brands I stock in my shop, which means I’ll get commission for the things I sell in the boutique. The company is also up for two more awards. So I just want to continue the success really. Beyond that I don’t know. To be honest I have a really short attention span, so the reality is I could be doing something completely different round the corner.

This story is from Growth Company Investor, the independent voice on fast-growing companies. Subscribe today for the latest AIM recommendations.

Comments 

There are currently no comments on this article

Sign up and get...

  • Regular GrowthBusiness newsletters
  • Post comments on articles
Sign up

Research

  • What should an AIM company pay its CEO or FD?
    What should a non-executive director or chairman expect to be paid?
    What benchmarks should AIM remuneration committee members be using when
    setting pay?

VCT Special Report 2009

This reports principle aim is to provide business owners seeking funding with information about the amount of funds that VCTs have to invest.

Cash Shells Special Report 2009

A comprehensive overview of cash shells on AIM and PLUS, companies that have become a significant feature on the market landscape.

More

Events Calendar

The Media Magnate Awards 2009

26th March, Vinopolis, London

More

More News: Small-Cap Spotlight

Resource Trust seeks £70m

Specialist resources investor Baker Steel Capital Managers plans to float a trust to make pre-flotation investments in the sector.

Terrace Hill moots fund launch

Property group Terrace Hill is 'actively considering' launching a residential fund after trimming annual losses to £27 million.

Strong orders at Mears Group

Social housing specialist Mears Group cites a strong order pipeline after increasing annual pre-tax profits 11 per cent to £18.4 million. 

Advertisement

Poll

Which currency will gain most this year?





Have your vote on current issues

People who read this also read

  • Public sector contracts

    Winning a contract to supply central or local government can be a great way to grow your business and enhance your reputation. But be warned: it’s a lot easier said than done. You may well provide the best product or service around but that will count for little if you cannot prove to procurers of public sector contracts that you are a good supplier.
  • Scottish businesses struggling in crunch

    Scottish businesses are not helping themselves in the credit crunch as 30 per cent do not advertise their firm and over a quarter do not ask for advice, both the highest rates in the UK, according to BT Tradespace.
  • Gold nuggets for Minerva

    Ethiopia-focused Minerva Resources is stepping up drilling at its Tulu Kapi project after encouraging extensions of mineralised zones.
  • Valuation snakes and ladders

    Take two companies. Equal size, equal prospects. Yet one is valued twice as highly as the other. Why? And how do you ensure your company gets the highest valuation possible?
  • AIM offers bargains after savage falls

    The drastic shakeout undergone by AIM-quoted companies has thrown up opportunities for deals and investment, according to Growth Company Investor.

White Papers

12 Key Points to Consider When Selecting a Network Scanning Solution

Discover the 12 key points your company should consider before you evaluate and select a vulnerability assessment solution.

15-Minute Guide to Collaborative Case Management

This particular guide focuses on an innovative approach to case management in the public sector - Collaborative Case Management (CCM).

15-Minute Guide to Intelligent Capture

Intelligent capture enables organizations to cope with enormous volumes and varieties of documents, accelerate information time to value, and reduce the IT burden of supporting multiple point solutions.

More