If you’re looking for a way to make extra money alongside your regular job, candle making could be a great option.
It’s a low-cost business with the potential for high profits, and you can start it at any time.
Many people are turning to side businesses to increase their income, whether through investments or other ventures. Today, we’ll focus on the business of making candles.
How to Start Candle Making
Candle making can be done at home, making it ideal for a home-based business. You can also scale up and set up a factory if you want to expand.
To begin, you’ll need to know how to make candles properly.
First, you heat wax to a temperature between 290 and 380 degrees Fahrenheit. After melting the wax, pour it into a mold.
Once it cools, use a drill or a thick needle to insert a wick, and then pour hot wax over it to level it. Finally, the candles are packed and ready for sale.
You can start this business in a small room, but you will need enough space to melt the wax and store the finished candles.
Cost and Investment
Starting the candle-making business doesn’t require much money. You can begin with an investment of around ₹10,000 to ₹50,000.
In fact, according to a survey, the candle business in India is growing at an 8% rate, showing its potential for success.
Creativity is Key
Candles are all about creativity. To make good candles, you need a keen eye for design and color combinations.
Training can help you understand the process better, and creativity is essential for standing out in the market.
High Profits with Low Investment
The best part of the candle-making business is its high-profit potential. The cost to produce candles is very low.
For example, if you sell a pack of 20 candles for ₹100, you can easily make substantial profits, regardless of the season.