Business Idea: Start a Profitable Candle-Making Business with Just ₹10,000 and Earn Lakhs!
Dec 12, 2024, 11:45 IST
| 
If you’re looking to start a side business with substantial earnings, we have a great idea for you. A candle-making business is not only simple but also highly profitable. Whether for festivals, decorations, or gifting, candles are always in demand. This low-investment venture can easily be started from home.
Key Features of the Business
-
Low Investment
- Start with just ₹5,000 to ₹10,000.
- Raw materials like wax, colors, fragrances, and molds are easily available.
-
High Demand
- Decorative and scented candles are popular year-round.
- Demand spikes during occasions like weddings, Diwali, and Christmas.
-
Home-Based Setup
- Can be started from home, saving rental expenses.
- Requires minimal space, making it ideal for small-scale operations.
Candle-Making Process
-
Raw Materials Needed
- Wax (paraffin or soy wax).
- Molds, colors, and fragrances.
-
Equipment Required
- Double boiler for melting wax.
- Thermometer and stirring sticks.
-
Step-by-Step Procedure
- Melt the wax in a double boiler.
- Add colors and fragrances.
- Pour the mixture into molds.
- Let it cool, then remove the candles and package them.
Earning Potential
-
Cost and Selling Price
- Cost per candle: ₹10-₹50.
- Selling price: ₹50-₹200.
-
Monthly Income Estimate
- Selling 500-1,000 units a month can generate ₹20,000 to ₹50,000 or more.
Marketing and Sales Strategies
-
Online Platforms
- Sell on Amazon, Flipkart, or Instagram.
-
Local Markets
- Supply to gift shops and home décor stores.
-
Bulk Supplies
- Partner with hotels and event management companies for bulk orders.
Important Tips for Success
- Experiment with new designs and fragrances to attract customers.
- Focus on branding and attractive packaging.
- Ensure products are durable and cost-effective.
Would you like a detailed business plan or marketing ideas for this venture? Let me know!