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Posts Tagged ‘Craft’

Can You Turn Your Art Or Craft Into A Business

Wednesday, April 7th, 2010

What kinds of things do you for enjoyment? Do you paint on canvas? Do you paint on furniture? Do you knit, carve, make scrapbooks or jewelry, or make any other creative item? Any kind of craft or art can become a business. Turning your craft into a business can make it affordable to do more of what you enjoy. It can make your materials more affordable. You may have also been needing or wanting to earn more cash. Sometimes these side businesses become very profitable over time. You might have the option to quit your job one day and do your craft full time.

To explore this idea of having your own craft business, list the things you can make on the left hand side of a piece of paper. In a middle column beside each craft or item, put 1 – 5 stars to represent any positive response you have received for them, or a question mark if you dont know what people think of it. Which items received a positive or enthusiastic response? Could any of those items be sold for profit? In a third column put a number of dollar signs that you would guess is the potential for profit. Even though an item is admired, it may take too much time to make or cost too much in materials to make it profitable. This is just a preliminary assessment based on what you know or can guess now. You can test your items in detail later.

There are many ways to market your crafts. Some people sell them to friends and co-workers. Some crafts, like painting murals, might be done when someone asks you to do it for them. But many crafts today are sold in galleries, at art shows, and online. So explore all your options and think about what you can do to start earning money from things that interest you. Good luck.

Starting Your Own Successful Craft Business

Monday, September 7th, 2009

Craft businesses are really popular for moms to work on a part time basis. Most people start a home based craft business as a part time job or for extra income on the side. But a successful craft business is certainly not limited to moms. Anyone with a particular gift or skill can start a successful craft business.

Whatever your skill is, from making candles to holiday ornaments for the Christmas tree, you will need to know where you are going to sell them. If you have smaller priced items, you may want to consider selling them at craft fairs or flea markets. If you have expensive handmade sculptures or heavy items that are very big, selling them at a craft fair might be impossible. Another option to consider would be selling them on the Internet, either on your own website or at an auction website such as Ebay. Finding the right way to market your crafts is important, because if no one sees your crafts, they can’t exactly buy them.

There are many ideas for craft businesses. Just to mention a few: Candle Making, Scrapbooking Business, Greeting Card Business, Seamstress, Homemade Jewelry, Soapmaking. Furniture Design, Gift Basket Business, Pottery – Clay Figurines A thought to consider when starting craft home businesses is that you need to carry a variety of products. For example, if you are making clay figurines, make sure that you have a variety before you beginning selling them. This will make sure that when people visit your booth or website, they can choose from a variety of products, to find exactly what they want.

When pricing your crafts, you’ll need to make sure you’re making a profit. Add the cost of all material used to make your craft, then determine what your time is worth. Add these two together then determine how much profit would make it worth it for your time and effort. Add it all together for the total price. A successful craft business doesn’t have to be a big business, but it can be if you choose. It may be something that you do for fun or something that earns you a sizeable profit. Remember, the hardest part of anything is getting started, so you must make a commitment to the success of your new business. Always remember, it does take time to establish a business, no matter what kind.