Candle Making Business for Fun & Profit
Although a good number of people learn How to Start a Candle
Making Business because it has relatively low set-up cost
and is simple to operate, the vast majority of people start
making candles simply because it is fun. Melting down wax,
adding in the colors and scents, and creating imaginative molds
and shapes is fun way to make a living compared to a lot of the
options out there. If you would like to give your creative side
a chance to have some fun while making serious money, then you
need to consider learning how to start a candle making business
of your very own!
Estimated Start Up Costs:
Before you begin, you want
to ask yourself whether or not you want to make paraffin candles
or those made out of natural beeswax. The reason is that the
start-up cost of a beeswax operation will be higher than that of
a paraffin candle making outfit. But you might make up for it by
drawing a higher caliber of customer and selling the final
products for more. The additional costs relate mostly to
materials and the total difference might only amount to around
$100 when the difference between a paraffin and beeswax starter
kit is added up.
Some of the essential equipment you will need in order to start
a candle making business is: paraffin or beeswax to melt down,
molds, wicks, dyes, scents, and a pan to melt the wax. The
largest expense will definitely be the molds as some of them can
run as high as $20 each. All told, you can get started making
candles for less than $200 but you will still need to consider a
computer, office equipment, and perhaps even candle making
software if you intend to take your candle making business to a
profitable level.
Recommended Experience, Skills and Training
Learning
how to start a candle making home business really just boils
down to doing it. While there may be some craft workshops
offered on candle making in your area, the best and most
practical experience you can gain is simply had by making some
candles. Using candle making software can really cut down on the
time it takes to learn how to make great candles, but just a
little practice will get you there as well.
Marketing Tips
A candle making business is definitely
a word-of-mouth type of business with your own past success with
previous customers being your best weapon in the fight to grow
your candle business. Ideally, you will want to try wholesaling
your candles to small shop owners and to this end you should
always have an eye out for business cards from shop owners.
Collect these and never be afraid to just call them up and see
if they might be interested in selling your fine candles in
their shop.
Other than that, candles tend to do quite well at Christmas
craft fairs and other such venues. You will need to rent a booth
for a day and try to sell your candles to the public. But, if
you make quality candles and are good with people, your list of
small shop owners selling your candles will grow, along with
your reputation and business.
Financing Sources:
Honestly, you should not have to
worry about financing options if you want to learn how to start
a candle making business. The start-up costs are so low and your
biggest expense will be learning how to make candles that people
will want to buy and that is going to take some practice.
Fortunately, you can melt down your failures and simply try
again so even this trial-and-error portion is relatively
inexpensive.
Income Potential:
As for income potential, the truth
remains that you probably are not going to rich making candles
but you can definitely earn a living at it if you are
professional and determined to succeed. As a part-time hobby, a
candle business might earn you $10,000 to $25,000 per year. If
you want to make it a full time vocation, there is the potential
to earn $50,000 or more per year if you are dedicated and good
at what you do. No matter how much you intend to earn, the fact
remains that learning how to start a candle making business
could be the first step in a long and rewarding career path that
pays you to do something you love!