Many of us dream of the possibility of creating a successful business right from our homes, one that is sustainable and we can run without ever leaving the confines of our humble abode. Alas, there are numerous businesses which begin and end with these great ideas each year. But some people have the know-how to create a business, which can effectively be operated from home and they have learned the secrets to doing it profitably.
Some of the most innovative of the home-based business ideas revolve around the craft business, especially now that Etsy has taken the craft world by storm, and allowed people to profit from doing something they love. Many people are interested in having a home-based craft business; furthermore, some have been able to parlay this fun activity — which others just see as extracurricular fun — into a business that grows and thrives, increasing in sales each year. Those in the craft business will tell you that having a business sense is imperative, and it is even more important when you run a home-based craft business to love what you do and to let that love show through with each and every project which you complete.
There are multiple home-based craft businesses that can be created, once you determine that this is something that you really love to do. The possibilities for a work-at-home business are endless, especially when you zero-in on such a wide-ranging area as a home-based craft business. But here are a couple that seem to be experiencing the greatest growth, and perhaps one of these ideas will inspire you to take part in the new work-at-home business craze that is sweeping the nation.
Jewelry
One of the most successful ventures that is showing up more and more frequently, particularly among those interested in a home-based craft business is that of making homemade jewelry. Whether you have a true designer’s eye or just love to play around, homemade jewelry and the parties you can utilize to showcase your wares, seem to be the rage in numerous communities across the nation. This work at home business is relatively easy to get into, and although startup costs can be a little expensive as you first purchase beading and wiring to make the jewelry, your returns can be phenomenal.
Make sure that when you are pricing your items to take your time and work effort into consideration, as well as cost of materials. Beyond that, most businesses fail because their owners fail to factor in a profit on their hard work, so be certain that you factor in a profit on your business as well.
A great plan for showing off your designs is to have home-based parties, where you can have people either buy your pre-made jewelry items or even give them the option to design their own. You can further offer hostess incentives for those who are willing to showcase a party for you. Having another business allow you to display your goods is an additional fantastic way to showcase those items that you make by hand. These two methods really help get your name out into the community and will serve as positive advertising methods for your craft and home business idea with little to no cost to you.
Fabric Arts - Crochet and Knitting
Any work at home business, when well-planned, can be a dynamic investment, and there are numerous other craft ideas that can really get a business rolling for you. If making jewelry is not for you but you have a flair for design, why not try your hand at crochet and/or knitting? I picked up crochet recently, and I find that I can’t stop making things like baby hats, baby blankets, scarves, fingerless gloves, and the like.
For now, I’m happy making things for friends and family, and I’ve even taken my first stab at a free design for an infinity scarf. I’d love to open an Etsy store someday, but for now, it’s just too much for me to take on. Plus, I don’t like the idea of paying to list my wares that may never be purchased. I’ve read about other places to sell wares that don’t charge any fees, such as Storenvy, so if I do ever open an online store, I’ll probably end up there.
However, if you are looking to go the Etsy route, here are a few ebooks on Amazon about starting a home-based craft business on Etsy which I have read and found useful:
- Etsy Empire: Proven Tactics for Your Etsy Business Success and Selling Crafts Online, Including Etsy SEO, Etsy Shop Building, Social Media for Etsy and Etsy Pricing Tips (Almost Free Money Book 6)
- Etsy-preneurship: Everything You Need to Know to Turn Your Handmade Hobby into a Thriving Business
- How I Made my First 000 on Etsy (With No Social Media Following & No money to spend on Advertising)
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