Happy Christmas and Goodbye from The Tool Factory!

23 12 2009

We have had an amazing and fun 4 years but the time has come for us to move on and do something new.

The Tool Factory will be closing its doors on 31st December 2009.

We have made this decision based on a number of factors.

E-News Writer
Firstly, one of our suppliers – the social enterprise that provides our E-News Writer is shutting down due to the recession. This means as of Christmas Day we have lost one of our key products.

Business Plan Writer
We have also in the last year been involved in a long, drawn and expensive legal battle with an ex-partner of The Tool Factory who suddenly announced that he was claiming ownership of the copyright of our Business Plan Writer tool.

Our intention, this time last year was as the Partner left, just to hand over the copyright of the tool from The Tool Factory to this individual so that they could continue to develop it, which we believed they would do a good job of. All they were required to do was arrange for us to be able to buy licences which would enable us to sell the product.

The individual concerned was unhappy with this proposal and instead brought in their legal term claiming they owned the copyright themselves.

We do not agree with this and no evidence has been produced to show this to be the case. However, as this situation has been dragged out for over a year, despite our attempts to resolve it quickly, we are having to walk away.

We would rather spend our money on supporting social entrepreneurs than wasting it on a seemingly never-ending legal battle. It means losing our Business Plan Writer tool but we’ll just go on an build something better anyway.

Bev is Moving On
In the new year Bev Meldrum will be moving to South Africa as her husband takes up a job there.

Bev will be working with social enterpreneurs in Cape Town and will continue to develop new tools and resources. They will all be available, along with Bev’s blog – For More Than Profit – on the new website from the 1st January 2010.

The Future
All of our free tools and resources will continue to be available online. They’ll all be moving to a new website www.formorethanprofit.com from 1st January 2009. We will all be continuing to work with social entrepreneurs and developing new tools and resources – these will also be available on the For More Than Profit site from January.

Social Impact Tracker will continue to be available from Cunamh ICT – contact Peter for more information.

You can also keep up to date by following us on Twitter. Currently our username is The Tool Factory although this will automatically change to For More Than Profit in January. Bev is also on Twitter.

Thanks for all your support and do keep in touch – we’d love to hear how you are getting on.

All the best.

The Tool Factory Team