• Research the market: Before investing your time and resources into making candles, you should research the candle making business to determine if there is enough demand for your product. Find out what other companies are doing and look into their production processes, pricing structure, target audience, etc.
• Select a niche: Determine which types of candles you will create. Your niche will determine the type of wax, wicks, molds and other supplies that you need to purchase.
• Create your business plan: A business plan is essential for starting any business and should include financial projections, marketing strategies and operational plans.
• Obtain supplies: Obtain the necessary supplies for making candles, such as waxes, wicks, molds, fragrances and other ingredients.
• Design your products: Create unique scents, colors and designs for your candles to make them stand out from competition.
• Develop a pricing structure: Establish a pricing structure for each type of candle you’re selling.
• Market your business: Develop a marketing plan to promote your candles and attract customers. Consider advertising on social media, displaying at craft fairs, developing an online store and more.
• File necessary paperwork: Ensure that you have all the necessary legal documents in place such as permits and licenses.
• Track your progress: Regularly monitor the progress of your business to ensure that it is on track to reach its goals.