Candle making business plan example

Strategic Analysis with current research! The Company was founded by John Doe. The Company will also maintain an online sales platform so that the Company can generate additional sales from outside of its retail location.

Candle making business plan example

Print Candle Business — Very Profitable Business To Start From Home It was your birthday last week and you have received tons of new gifts in the form of a book from your favourite author, soft toys and Barbie dolls and chocolates and various other items.

You called her up and to your utter amazement, you discovered that she has crafted it especially for you. Business Opportunity Not just you, candles are used by the majority of people for changing the aura of their homes, decorating the interior space or simply brighten up the presence of a room with the pleasant aroma of the candles.

Previously candles were reminiscent of power cuts as they helped to illumine a household when there was temporary interruption in power supply. But today, candles serve to be a perfect gift to our near and dear ones and you may well start your own candle making business and support your family with your artistry and inventiveness.

Candle making business is one of those handful of enterprises that requires very little capital investments yet gives a good return on investments, especially if you can grab a market that lacks supply.

Candles are not only used for religious and illumination purposes; in recent times candles are used in hotels, restaurants and hospitals on a regular basis whereas they are occasionally used in homes as well. With so many boons and blessings, candle-making business can be the next big thing in your life.

Determine the type of the candles you will make: Candles come in a variety of shapes and form and they can be made from a wide range of waxes!

Starting a Candle Making Business from Home – Sample Business Plan Template

You can choose from beeswax, gel, paraffin or soy to make candles for religious purpose or decorative purpose or aromatherapy candles. This by-product of petroleum can be used at various melting points to serve your purpose. The kind of wax candles you will make would largely determine the melting point you need.

For instance, a container candle would require lower melting point than making taper candles.

A Sample Candle Making Business Plan Template

Candles made out of beeswax are favoured by a large mass of people due to the sweet and natural honey smell in the wax. You may also use it with other variety of waxes or scents or keep its natural flavor intact without incorporating any additives.

Vegetable wax or soy: Though vegetable wax comes in a variety of forms, soy is the most popular one followed by bayberry wax. The greatest advantage of this wax is that it comes in a pristine white form and it never shrinks after free pouring which helps in achieving perfection at the first shot.

While you may be tempted to jump into making all types of candles altogether, experts suggest that you should choose your niche and stick to it until you achieve excellence in it and willing to invest your efforts and time in creating something new.

Have a clear idea of what you will offer and whether they will be votive or decorative or floating and whether you will add aroma in them or keep them modest and simple.

Educate yourself to so that your wax candles are beyond comparison: Business Planning You may enroll yourself in a local craft class to learn how to make wax candles or seek aid of the online tutorials and keep on practicing them till you are convinced to sell your products.

Remember that making something and gifting it to your near and dear ones are completely different from making the same to sell it off.

How to Start My Own Candle Business |

People are paying their hard-earned money to buy your products and thus they deserve the best. Therefore, you can start it right from your home unless you grow into a full-fledged business where you will have to hire employees. But candle making is definitely a business where your customers would expect you to be outright perfect.

Price of the machine depends upon production capacity. A semi-automatic machine can produce upto candles in 15 minutes. Investment Required Initial investment of Rs 2 — 3 lacks is required for setup of small scale candle manufacturing unit.

Wax candle making business do not require a large space and so you will not have to hire another area where you can set up the factory.

But make sure that your home has ample space where you can melt the wax, store the essential items required to make candles like large amounts of wax, wicks, molds and dyes, luster spray, measuring tools, packing materials, essential oils, decorative items, containers, packaging materials and other supplies.

Starting a Profitable Candle Making Business with Low Investment People purchase candles not only as gifts, but to scent and decorate their homes and places of business.
A Sample Candle Making Business Plan Template | ProfitableVenture In the good old days, candles were used only as tools for illumination.
Candle Making Business Start-Up Guide | LoveToKnow Do you want to start a candle making business from home or as a small scale manufacturing unit?

There is also a space required for storing the ready candles and an office area where you will execute the accounting and sales jobs. In order to be more creative and productive, you will have to organize your space more efficiently. Like all other things around us, your candles too, should have a name.A Sample Candle Making Business Plan Template Business Overview Candle sales in the United States have improved especially as there is an increasing variety of colored and scented candles, with 7 out of 10 households in the United States making use of candles.

Founding and operating a candle making business makes you both an artisan and an entrepreneur. - Free Candle Store Business Plan

Are you ready to put your creative skills and business savvy to work to grab a piece of that market? This start up guide provides both the steps and resources needed to launch a candle making business. Nov 26,  · Candle making business plan sample. Candle making business plan sample.

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5. Business Plan for Candle Making Business. Write a business plan with details of information about your niche and target audience, marketing and public relations plans. Include a detailed analysis of competing for candle segments, three years expense budget with profit projections of your candle making business.

A Sample Candle Making Business Plan Template Business Overview Candle sales in the United States have improved especially as there is an increasing variety of colored and scented candles, with 7 out of 10 households in the United States making use of candles.

Starting a Candle Making Business from Home – Sample Business Plan Template. 1. Decide on the type of candle you would be making.

candle making business plan example

To start a candle making business from home, first decide what type of candle you intend to make and sell.

Candle Making Business Plan – Starting Candle Business From Home