Logos are considered to be an important aspect of the branding process. They assist in making a memorable business identity. This is the reason why companies are now paying heavily in creating a business identity. More and more funds are now being invested on the design of corporate logos. But the amount is mostly substantiated by the uniqueness of ideas and the weight of the work done by designers.

Not every prominent brand was created for exorbitant prices. I believe most of us are aware of the fact that a famous logo, Nike Swoosh, was made for a miserly $35 cost, but the same logo is now the rationale for one of the most eminent brands in the world. We can also find a number of cases in the UK market as well. Even though the cost of famous logos are not usually disclosed to the common man, I tried to find out what famous logos cost these days in UK market.

Following are the costs incurred on making famous UK logo designs that I managed to find.

1. Liverpool City:

The was created by the company Finch Design Agency. It was made in 2009. The price of this logo was £70,000.

2. BBC3:

In 2008, BBC made a decision to revamp its BBC3 logo. They asked Lambie-Nairn Agency to do this work, who made this identity for £400,000.

3. London 2012 Olympics:

you might be familiar with the designer of the London Olympics logo, Wolff Ollins. He designed it in the year 2007. it cost around £400,000 to make.

4. Office of Government of Commerce:

This logo design was made by the company FHD. It was designed in 2008. It was built for a total of £14,000.

5. Belfast City

Lloyd Northover Agency was tasked to create an identity for Belfast City. They made it in 2009 for a hefty cost of £180,000.

If you intend starting your own business, then you need to do it from scratch. If you are thinking of an import export business, then you do not have to invest a lot of money. It calls for minimal investment. Moreover, you also have the advantage of working for global customers. With the advent of the internet, things have become pretty simple and everything is available either at superstores or malls. Moreover, you can order things through the World Wide Web. One need not have to personally visit the stores as this can be quite time consuming.

Shopping has become effortless. Also, people do not have a problem paying extra for their goods. Importers and exporters indeed have an
important role to play in this supply chain. Export import business can be done from one’s own home. The funds required to begin it are minimal. If you have a computer with internet facility, then you can work from the comfort zone of your home. You do not have to face another person as your boss.

One needs to have good networking. If you have a good contact base, then you can successfully do this business and move items. Online
business is quicker and if you have a voice over IP facility, then you can shop online. One can trade and promote goods online without any
difficulty at all. There are trading processes where one can buy and wholesale without having to ship the goods oneself. You only need to maintain cash flows, maintain flawless accounts and offer good customer service. If you have made a customer unhappy, he is not going to place repeat orders. They may spread bad word about you which can be disastrous for your business.

The pre-requisite for any business to be successful is to have a business map or plan. Do your homework and research in the line of goods you intend doing business. What type of goods are you looking at, what amount and what method or mode of money you intend doing business. You need to identify the nations you intend doing business with. One needs to research thoroughly before entering this field. Just like any other business, you need to do your groundwork so that you know that the foundation is strong and you will thank yourself for this.

Are you going to handle and manage the entire business by your own or are you going to employ someone. You may want to start small initially and then grow as time flows and you understand more about this business. Once you understand the export import market trend, you will be able to take a decision as regards the goods or items you intend trading. Purchasing goods in bulk or wholesale is good if you are sure that you have taken the right marketing strategies.