8 Valuable Tips to Know Before You Start
a Candle Making Business
benefit of starting a candle business is that you can turn it into
part time or full time job according to your availability. The other
good thing is that you enjoy the benefits of
your own boss, have the freedom to do what you actually enjoy
doing, spend more time with your family and at the same time sell
from home. Homemade crafts such as clothes, candles and
plastic recycling is the next big thing. The job market is continually
tightening and hence you have to look for other alternatives of
employment. You cannot
just stay at home for a year or two waiting for job opportunities.
Many potential business
leaders and entrepreneurs in the 21st century are
looking to their hobbies, passions, interests and talents as business
brief, I will share some of the basics in starting a candle business.
1…Define your target market
thing that you need to do before establishing any kind of a business
is to understand the people you are going to offer your products and
services to. The wisest business starters define where their business
fits in the broader market place. This is the same issue here, you
need to determine who will buy your candles, how they will buy them,
why they will buy them and how much they are willing to pay for the
product. This way, you will start with a target in mind.
2…Purchase lots of Wax items at all times
spend a lot of time talking but at the end of the day, what matters is
execution. You have to purchase lots of Wax items at all times. Waxes
come in different groups and the group you choose greatly depends on
your preference. One of the groups is paraffin. Paraffin is a by-product
of petroleum and you can find it in a variety of melting points. You
can also decide to purchase beeswax which has a natural, light honey
smell. The third category is the vegetable waxes. Soy is the most
popular source of vegetable wax. Choose the type of wax you want for
and ensure you have lots of them all the time.
wicks are usually made out of cotton. You need to get premade candle
wicks to facilitate your candle making process. Since you now have the
candle wicks, you can then proceed to cut a piece of it about an inch
longer and dip it in the wax. This is what burns to produce the frame.
You should have a continuous supply of wicks for all the ingredients
that you will use to make the candles.
4…Finding the right Fragrance to add to the
fragrance and color is done after the wax has melted. Fragrance is the
essence of scented soy candles and you have to make your candles the
best scented out there. There are so many different fragrance and
fragrance oil supplies and it can be difficult to determine the one
that you really want. You can get that hot scent throw that every
other candle maker is striving for. However, in some cases, the candle
can have an awesome cold throw but turn otherwise after some time.
That is the reason why you should get the right fragrance for your
candles. Get candle science, candle solution, candle cocoon,
Brambleberry and many more fragrances.
5…Invest in quality Dyes to color the
solution to coloring wax is dye. It actually dissolves into the wax
and will not clog the wick. This is the only thing that will make your
candles look better. Dying your candles allows you to customize them
to suit any sensibility. There are several companies out there selling
liquid dyes that are specifically designed for use with other
products. However, some candle companies sell dyes that can only be
used with their products. To be sure, just purchase an all-purpose dye
that you can use with your candles. Choose an appropriate dye for the
type of wax you are using to make the candles.
6…Have an abundance molds
step is to purchase plenty of metal molds for your business. Although
there are very many other types of molds you can use for your candles,
metal molds and especially aluminum molds are the most popular. They
are available in different sizes, shapes, and patterns. There are
molds for a single candle or for several standing candles. Have enough
of them for your candles.
7…Buy an abundance of glass containers
container is the other thing you have to consider
in your business. It is the one in which the melted wax is
directly poured into. Purchase non-flammable containers such as glass
for the process. You have to face the market demands and one of the
best ways of doing so is to make all what the market expects from you.
Have enough containers for making container candles. The fact that the
candle burns inside the container, the dripping of wax doesn’t occur
and that is the reason why most people like them.
Want free Audio books?
Get one of my Audible Audio
books of your choice for free.
8…Inventory and price list
A candle business
just like any other needs proper accounting. Once you have already
accounted for all the expenses, determine how much you are going to
sell a single unit of your candles to compensate the cost of
production. Check your competitor’s pricing and price accordingly.
You can choose to fall a small unit under their product price to
attract some of their clients or just price the same.
Buy My Books at Apple iTunes,
& Noble book stores.
Also available in other languages.
The bottom line
owners routinely take many responsibilities at the same time
and believe they can do everything by themselves. This is the leading
cause for their closure. For you, it is best if you sought outside
help when the need arises. It’s okay to hire an assistant or even a
part time accountant to come and advise you regularly. Don’t just
work, work smart.
Want free Audio books? Get one of my Audible Audio books of your choice for free. Click Here
247Broadstreet.com…Always Sharing Ways on How to Start a Candle Making Business and Candle Business Ideas