How to Start a Craft Business
Business Idea for Kids & Teens
Glue, cardstock, buttons and bows… a craft making business is a wonderful opportunity for young people to develop entrepreneurial skills.
Some basic tips for starting a craft business for you and your children:
1. Determine your passion… what kinds of crafts do you enjoy making?
- Scrapbooking Business
- Cards and paper crafts
- Beading jewelry
- Soap Making
- Painting gifts
- Candle Making
Obviously if you want to make a go of a craft business it will be much easier if you enjoy what you are making!
2. Spend some time planning. This step will take some time, but it’s the most important of all. Get out pen and paper and start writing down everything you need to make your projects. At this time, write down the cost of each piece of your supply list. This will help you determine your cost per craft as well as establish your price point for your customers. Think through, too, how much time you have to spend making the crafts and consider delivery costs, etc., as well.
3. Start making samples. Pick 4-5 different crafts from your favorites list and make several samples of each… a portfolio if you will. Find a nice case to carry your samples so you can show them when your customers want to see an example of your work.
3. Develop your marketing materials. Make up some flyers using bright colored copy paper. Give plenty of details but don’t tell everything and give your customers a range of prices if possible. Consider your turn around time so that your customers know what to expect as far as getting the projects back from you.
4. Start passing out the flyers. The personal touch is always best and chances are your neighbors will actually read your flyer if you hand it to them in person rather than just dropping it off on the doorknob. And remember, it’s illegal to leave a flyer without postage in someone’s mailbox, so don’t even go there. Bring your sample case along when you’re delivering so you are able to show your prospective customers your work when they ask. Be professional always.
5. Write up a contract. Though not legally binding, a simple contract will give your small business a more professional appearance. Talk with your parents about the details but you want to spell out clearly what you’re going to do for your customers so their expectations aren’t greater that what you plan to provide. Make sure your turn around time is clearly stated as well as the customer’s expectations for your specific craft. This will greatly eliminate any unhappy customers after the fact.
6. Ask for referral business. When you have happy customers, make sure to ask them to recommend you to their friends who might want a similar craft made for them. Word of mouth is the best advertising.