Steps to Start a Small Candle Business
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Choose a Memorable Business Name: Incorporate target audience and marketing strategies in the business plan.
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Low Startup Costs: Start from home with about $1,000. The industry is expected to reach $5 billion by 2026.
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Market Research and Brand Building: Create your brand and follow a step-by-step guide to start a candle business.
Profitability of a Small Candle Business
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Low Startup Costs and High Margins: Expect profitability within months with margins of 25-50%.
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Candle Industry Growth: Customers continue to purchase candles they love, driving industry growth to $5 billion by 2026.
First, pick an easy to remember business name that targets your audience. Outline marketing plans in your business proposal. Next, do market research and build your brand. Our step-by-step guide details everything needed to start selling candles.
The candle industry is quite profitable. Costs stay low as a small startup. Profitability within months is possible with 25-50% margins. Sell candles from home by buying materials, learning processes and producing inventory.
Turn your candle hobby into a business with this guide. Develop a legal business structure to limit personal liability. Submit a name, articles of organization and fees to form the entity.