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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

Custom Buttons

Who says buttons have to be boring? Create interesting buttons that will make people smile when they get dressed.

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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

Are you searching for a unique andinexpensive home based business opportunity that has little competitionand a real chance of succeeding? If so, consider starting a businessthat specializes in manufacturing and selling custom, one-of-a-kindbuttons for clothing. The buttons can be manufactured from just aboutevery type of raw material, including wood, metal, seashells and glass.The key to success in button manufacturing is twofold.

First, thebuttons must be unique in design and appearance.

Second, you need to bea good marketer. Consider the following:

  • Establish accounts with specialty retailers to purchase the buttonson a wholesale basis.
  • Sell the buttons to manufacturers anddesigners of custom clothing.
  • Sell the custom clothingbuttons directly to consumers via the internet.

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Arts & Crafts

Iron Sculptures

If you’re creative and know how to weld, start looking for metal.

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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

Calling all talented artists with weldingskills and a home workshop. It’s time to start profiting from yourtalents by starting a business that produces iron art sculptures.

Theraw materials required for the sculptures can be purchased from metalrecycling facilities for low or no cost. Once completed, the sculpturescan be marketed directly to art-loving consumers and art collectors bysetting up a sales kiosk on weekends at malls and other communitygathering places.

Additionally, the iron sculptures can be featured andsold online and at local art galleries. Furthermore, be sure to craftiron sculptures that have functional value such as weather vanes, coatracks and room partitions.

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Arts & Crafts

Mobile Art Gallery

Take art right to its ideal audience with a mobile gallery.

Entrepreneur

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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

Art is big business, and starting a mobile art gallery can put you on the road to riches. Take a traditional art gallery; place wheels on it and you have this business opportunity in a nutshell. Maybe it is not that simple, but pretty close.

In this enterprise you will want to work with perhaps a hundred artists or more. This is a volume-based operation. Once you have selected the artists, begin to establish locations where the artworks will be featured.

Good locations include doctor office waiting rooms, office lobbies, restaurants, hospitals and all other high-traffic gathering places.

The art can be displayed in these locations with a small card on each piece, which reads, ‘this art is for sale, for further information call (your business name and a toll-free 1-800 number).’ When a potential customer calls to inquire about a particular piece of art for sale, you simply sell the art over the phone and arrange delivery to the purchaser. If a piece sells for $100 then you would give the artist $50, the host location $10 and keep $40 for yourself.

As you can see, on a volume basis there is enormous potential for profit. Imagine if you had 100 locations selling just two pieces of art per month at an average sale price of $150’you would stand to make more than $10,000 every month.

Requirements

Operating a mobile art gallery business requires excellent cold calling, presentation, organization and negotiation skills. You will also need reliable transportation and a computer system to track and maintain customer files and inventory lists.

Start-up costs

The investment to set this business enterprise in motion is minimal: $8,000 to $10,000 will be sufficient to purchase any required equipment and leave enough working capital to operate on for a few months while the business is being established.

Profit potential

Charging a flat commission of 40 percent for you, and generating gross sales of $250,000 per year will generate business revenues of $100,000. Once again, I stress that you must secure as many art installation locations or ‘silent salespeople’ as you possibly can.

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