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Arts & Crafts

Caricatures

The profits this business can draw up is no laughing matter.

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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

Big, easily recognizable heads and faceswith small bodies is funny stuff, especially if the caricature is of aperson we know and do business with.

Hire a caricature artist who isprepared to work on a piece-work basis and start to market caricaturedrawings to local business owners. You will be amazed at the interestyou will receive right out of the blocks.

Restaurants will purchasecaricatures of their staff to adorn the front of menus, professionalswill purchase a caricature of themselves to send to clients in the formof a thank-you card and retail businesses will purchase caricatures ofvalued regular customers to hang above the cash register.

This is agreat business enterprise to put into action as it only requires alittle bit of creativity to ignite and about $1,000 to start.

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Arts & Crafts

Craft Supply Store

Give fellow crafters a place to gather their supplies, from glue guns to yarn.

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Business At A Glance

  • Startup Costs: $10,000 – $50,000
  • Online Operation? No

Business Overview

Starting a craft supply retail store is afantastic new business enterprise to set in motion.

This is the kind ofretail business that will require a substantial initial startupinvestment, but the profit potential can easily justify the investment.Ideally, this type of business enterprise will be located in a highlyvisible and easily accessible location within the community.Furthermore, be sure to carry a wide variety of craft supplies.

The keyto successful retailing is to build repeat clientele, and the best wayto ensure this happens is to have the store well-stocked with productsand supplies that represent all areas of the craft industry. Marketingthis type of enterprise would be by way of traditional advertisingmedia like newspapers, fliers and radio.

An innovative approach togenerate more income would be to hold instructional seminars afterbusiness hours on different crafting techniques such as painting orsilk-flower arrangements.

Locating wholesalers and distributors forproducts won’t be difficult, and the profit potential is tremendous asproduct markups can be 100 percent or more.

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Arts & Crafts

Woodturnings

If you’re an artist who likes to work with wood, this is the biz for you.

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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.
  • Online Operation? No

Business Overview

Fruit bowls, candlesticks, stair spindles orbaseball bats’there are literally hundreds of different products whichcan be manufactured simply by purchasing a wood-turning lathe andmastering the art of wood turning.

While the finished products can besold directly to consumers, a better choice in terms of merchandisingthe wood-turning products is to arrange accounts with retailers, suchas gift shops, to stock and sell the products. Some quick math willtell you that just a dozen or so accounts with retailers like this cangenerate a very comfortable living manufacturing and wholesaling woodenbowls.

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Arts & Crafts

Homebased Tailor

If you’re an experienced tailor, you can contract your work to retailers and then sew from home.

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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.
  • Online Operation? No

Business Overview

Retailers of men’s formal and business weargenerally don’t have an in-house tailor, and typically alteration workis subcontracted to outside tailors. This fact creates a more thanample opportunity for individuals with sewing experience to capitalizeby starting a tailoring service that operates right from a home basedlocation.

The fastest way to establish the service is to offer men’swear retailers your services on a subcontract basis, and you canarrange a certain time of the day to pick up garments to be altered andreturn the garments the following day. Additionally, to generate morerevenue for the business, consider purchasing tuxedos that can berented to clients via the men’s wear stores that currently don’tprovide their customers this service.

The potential income range is $25to $35 per hour.

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