Start A Business: 5 Fun And Lucrative Ideas For The Creative Entrepreneur
Did you know that over one million Americans make their living from crafts? It’s a growing industry with plenty of opportunities for those willing to invest their time and energy into starting a business.
You can take that creative hobby you’ve nurtured for years and turn it into a profit builder. But, of course, you don’t want to suck the enjoyment out of it. After all, people do crafts because they’re relaxing and fun. So keep that in mind while you turn your crafty hobby into a creative empire.
Read on to learn about profitable ideas that might suit your creative skills.
- Candle Making Business
Candle making is a more profitable and less labor-intensive craft than you might expect. A basic setup can cost as little as $100. But the investment can be recouped by the time you’ve made 20 candles. Candle making is also a fairly simple process that you can get relatively comfortable with after just a few batches.
You may want to consider hiring out at first if you don’t have room for a proper studio, but once you’ve built up a client base, you can make candles at home. To really take your candle making from a cool hobby to a business, you can sell your candles online. This way, you open up your business to customers around the world. And you don’t have to deal with shipping and customer service logistics.
- Digital Printing Business
Today, tons of people are printing on shirts, bags, and other items. These are called screen printing and are a more old-fashioned way of doing this. However, if you have a computer, you can do digital printing. Just find a design, upload it on a website, and you’re ready to go.
Different websites offer digital printing services, so you just have to find one that offers you a great price. Digital printing is very cheap, so it’s a great option if you want to start a small business on the side. If you can find the right products and create a competitive price point, you can make a decent amount of money with digital printing. Then, you can start small with a few products and grow your business as you go.
- Furniture Making And Restoration Business
If you have woodworking skills, start a side business making and restoring furniture. This can be as simple as offering to repair items for friends and family. Or taking online jobs from people looking to spruce up their living space.
You can also build a business around custom furniture. Find local classified ads or online marketplaces that specialize in people looking for custom furniture building. Once you’ve gained a reputation for quality work, you’ll be able to charge more for your services. This is another great side business to consider if you want to make extra cash while still holding a full-time job. And you can visit Woodworking Equipment Auctions to set yourself up without breaking the bank.
- Sewing And Knitting Business
If you enjoy knitting and sewing, make a small business out of it. For example, you can buy kits to make popular items like stuffed animals or Pokemon-themed blankets and resell them at a profit. Plus, you can create your own pattern and sell it to others interested in making the same item.
Etsy is an excellent option for selling handmade goods. But if you want to reach a wider audience, try selling on Amazon Handmade, too. This marketplace is more for crafts and special pieces, so it’s a good option for more complex items you make by hand. You can also sign up to sell your products as a vendor at local craft fairs or farmer’s markets.
- Jewelry Making Business
Jewelry making is a popular craft to start a business around. You can make it at home or set up a studio if you prefer. Again, marketplaces like Etsy have sections solely for handmade jewelry, so you can reach more customers this way.
Whether you like to make your jewelry by hand or use a 3D printer to create a more modern look, there are plenty of ways to sell your pieces. Jewelry making is also a relatively straightforward process, so you can start out small and work your way up to larger orders as you gain experience.
Conclusion
Nowadays, it’s easier than ever to sell your crafts online and reach potential customers. Businesses like Etsy and online marketplaces are great ways to get your products in front of the right people. If you have a knack for creating things, starting a craft business is the perfect option for you!
Start A Business: 5 Fun And Lucrative Ideas For The Creative Entrepreneur
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