How to start candle business from home (Raw material, machine, price, cost) (How to start Candle or Diya making business)
How to Start Candle Making Business from Home – Candle business is such a business, which can be a golden opportunity for new entrepreneurs or startups, which does not require a lot of cost to start, and it is such a thing that its demand can never decrease. This business is a low Investment Business for beginner. Because people use candles for religious purposes, home decorations etc. By doing this business you can earn extra or full time money.
According to a 2010 report, the demand for wax has increased to 10,000 million pounds, which comprises up to 50% of candles, and this demand continues to grow. Looking at the universal growing demand in the Indian wax industry, you as an entrepreneur can expand your candle business to meet the demands of the consumers. This business can play an important role in shaping your future.
If you too are thinking of starting a new business or want to start a business that can be done as a side business, then read this article till the end.
How to Start Candle Making Business from Home
Before starting any type of business, you have to understand whether you can start it from home or not. Because if you are a woman and want to start business from home then you can start candle making business as a side business.
Candle Making Business Planning & Process
Before starting the candle business, you should prepare a draft of your financial plan, so that you will know how you can run your business in a small or big way. If you need to take a loan, then how much interest will be deducted, collect all this information, prepare a blueprint for the cost of setting up the business, and start the business without any difficulty. How to start Leather Belt Making Business click here.
Row Meterial for Candle Making Business
The minimum quantity of the material used to make a candle and accordingly their price has been shown through the list below, so that a small idea of a small scale industry can be made. There may also be a difference in prices:
- Paraffin wax Rs 115
- Utensil or pot Rs 250
- Castor oil Rs 310
- candle thread Rs 35
- Various colors Rs 85
- Thermometer Rs 160
- 250 cents for fragrance
Location and Setup
You can start this business from your home or even with a small room of 12×12 on rent. The biggest feature of this business is that it does not require a very large space to start, but to start from home or even on a large scale, it is important to keep in mind that you have the wax to melt.
There should be enough space, there should be a place for the maintenance of raw materials, as well as there should be a place to store the finished candle, for this there should be a room or some place as the office of the company. In this way, you must keep so much space, from where tasks can be executed more efficiently and in an orderly manner. Also, in this business, you can easily shift the factory from one place to another with enough space to increase the production without any hindrance. How to Start Handmade Jewellery Business click here.
Candle Making Time Duration
The time taken to make a candle depends on how you are making it. If a machine is being used, then it depends on the machine how many candles it produces in a given time. For example, if you are using a semi-automatic machine, then this machine can produce 300 candles in 15 minutes.
And if you make candles at home in a small way, then depending on the number of employees engaged in making candles and their efficiency, how many candles they can produce. By the way, the whole process of candle making can be done by one person in 30 to 35 minutes, and depending on the number of moulds, 90 candles can be manufactured easily.
Candle Making Process
To make candles by hand, wax is melted by heating it to 290 degrees to 380 degrees. After that, after putting the wax in the mold, when it cools down, thread is applied in it through a drill machine or a thick needle, then by pouring hot wax on it, it is made equal. Then you can pack it and sell it.
Cost and Investment
If you do not want to start your business by investing a lot of capital and want to grow your business with less investment, then you can start it with a small investment of 10,000 to 50,000.
Candle Packaging Process
The last process of making a candle is its packaging. Its packing can be done both by hand and by candle filling machine. The safety of the candles is ensured by the packing itself that due to excessive heat or other factors, the candle does not leak anywhere.
Its packing is done according to its size and colors through different decorative paper or colored plastic. Along with this, it is also packed in boxes or containers. Normally for candle packing, take a thin cardboard box according to the size of the candle. Then wrap the candles in bubble wrap or bubble wrap and put them in a cardboard box and pack them. After that, stick a sticker with the website written along with the brand name.
Many employees are not required for the candle business, due to which the candle business can be more profitable with less cost than other business.
You should determine the price based on the cost of making each of your candles, keeping a profit margin, as well as ensure that the price your competitors associated with this business are keeping for the candle product. You should try to price less than them.
If you want to start a business from home, then candle making business can prove to be a good business because you can start this business from home . You will get as much profit from this business as it can from any other business.