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Arts & Crafts

Art Auctions

Love event planning, art and the thrill of bidding? Hold art auctions.

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Business At A Glance

  • Startup Costs: $2,000 – $10,000
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Franchises Available? No
  • Online Operation? No

Business Overview

Every home features somesort of art as decoration. The market for art is enormous and continuesto grow as our population expands. Starting an art auction andliquidation sales service is a great way to become your own boss.

Thereare thousands of artists who have works that they cannot, or do nothave the ability to sell. Why not sell it for them?

You can advertisethe art auctions and liquidation sales in local newspapers or onlineand start making money right away. Start by visiting art schools andassociations so you can begin to market your services to artists whowant to sell their works. Once you have a few hundred works of artcommitted, you can hold the first art auction or sale.

You will need torent a temporary location for your ‘one-day art sale,’ and goodlocations include hotel ballrooms or banquet facilities. Room rentalmay not even cost any money providing you can convince the hotelmanager potential food and drink concession sales will be sufficientfor rent payment. The rest is straightforward; hold the first artauction or sale. You do not need to be an auctioneer to start andoperate this type of business, just wear formal clothes for aprofessional appearance.

Once you have perfected the business locally,you can duplicate the process and hold art auctions and sales acrossthe country.

Requirements

Computer skills and equipment will beadvantageous when you start to catalog the art for listing purposes.

Start-up costs

The only cost associated with starting an art auctionservice is time and an initial advertising budget. Once you haveestablished the approximate value of the items to be sold, you will beable to set an advertising budget. I would suggest about 5 to 10percent of the estimated total sale value of the items to be sold atthe art auction or sale. Total start-up costs are $5,000 to $10,000.

Profit potential

You should be able to use a very basic formula forestablishing a billing rate. Charge a 50 percent commission on allsales (no reserve pricing in effect), and allow half of the commissionsto cover the total overheads associated with the sale.

Providing eachsale averages $10,000 in gross revenues, and one show per month isconducted, the business would net $30,000 per year.

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Arts & Crafts

Hand-Painted Pots

Give plants a pretty home and watch profits bloom.

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Business At A Glance

  • Startup Costs: Under $2,000
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Online Operation? No

Business Overview

Gardening is one of the fastest growingpastimes in North America. For the entrepreneur seeking to capitalizeon the huge demand for garden-related products, look no further thanstarting a business that creates and sells one-of-a-kind, hand-paintedclay gardening pots.

More and more people are searching for unique andinteresting ways in which to display their flowers and shrubs, so whynot create extraordinary planting pots for these consumers and startmaking money.

Simply purchase clay planting pots from a local wholesalecompany and paint and decorate the pots with unique, interesting andcolorful themes and designs. Once completed, the flowerpots can be soldin various ways, including directly to specialty retailers and gardencenters on a wholesale basis and to residential and commercial interiordecorators and garden planners.

You can also sell them by renting asales table at a local craft show or flea market, or by putting the onthe internet.

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Arts & Crafts

Jewelry Boxes

You’ve got to have a love for details, artistry and functionality to make this business sparkle.

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Business At A Glance

  • Startup Costs: Under $2,000
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Online Operation? No

Business Overview

Jewelry boxes can retail for as much as 10 to 20 times of what it costs to build them, making this a potentially very profitable homebased manufacturing venture. This is the type of manufacturing business that will let you be very creative in design and in the materials selected for the construction process.

Or in other words, ‘think outside the jewelry box.’ Consider using materials that normally would not be used for building this product, like recycled items, seashells, glass, or plastic.

You can market the boxes by renting table space at crafts sales and flea markets, sell them to retailers on a wholesale basis, and even get the jewelry boxes featured for sale on numerous Web sites. The sky’s the limit.

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Arts & Crafts

Online Coloring Books

Take a favorite childhood pastime online with an online coloring book.

Entrepreneur

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Business At A Glance

  • Startup Costs: $10,000 – $50,000
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Online Operation? Yes

Business Overview

Online coloring books for kids is a unique and interesting opportunity that could prove to be both fun and profitable.

This online business concept is very straightforward. Simply develop a website that enables kids to chose from a wide selection of images and pictures of animals, people, buildings and landscapes. These images are downloaded, printed from their desktop printer and colored using crayons.

Alternately you could design a color pallet and tools that would enable kids to color their pictures right on the website and print it when they’re finished. Kids could print multiple pages and even create their own coloring books to provide them with hours of fun.

To generate income to cover the cost for maintaining the site and providing you with a profit, you could license the rights to the website to other entrepreneurs to feature a link from their websites to yours.

In other words this unique interactive tool for kids would be an item that would draw visitors to their site thus increasing hits and the opportunity to create larger revenues.

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