Start a Candle Making Business – Sample Business Plan Template

Candles aren’t what they used to be. In the good old days, candles were only used as lighting tools. Today, with the advent of electricity, candles are no longer considered essential. But despite this, candles are still popular and people still buy candles; especially in countries where there is still a power outage or in places where there is no electricity.

Are you a stay at home mom, breadwinner or homemaker looking for something to do? while earning additional income. Are you interested in starting a home candle making business? ? If you answered yes to the question above, then this article is for you.

Candle making is a type of home business that you can start with little or no capital investment. However, the benefits and profits can be huge, especially if you are doing business in a market like Nigeria. Now, I know some of you reading this article are hesitant to start a home candle making business. Why should you start a candle making business? Well, you will find the answers below:

Uses for Candles and Why You Should Start Making Candles

  • Candles serve as a light source in the event of a power outage

We know that some developing countries, like Nigeria, have energy supply problems. Unlike the US, UK and some other developed countries where nothing beats a power outage. This constant power failure is an advantage, especially for the candle maker, because no one wants to be in the dark.

People also buy candles for emergencies, such as natural disasters that disrupt the power supply, such as hurricanes, or simply due to mechanical problems at a power plant. Another reason candle making is a profitable business is its affordability, especially when compared to fuels such as gas and kerosene.

  • The candle is used for religious and ceremonial purposes.

In countries like Nigeria, China, Italy, India and many other countries around the world, candles are used for religious purposes ( shrines and temples ) and ceremonies. such as birthdays, funeral processions, etc. In addition, the sale of candles blooms during festive seasons such as Easter, Valentine’s Day, Halloween, Thanksgiving, Christmas, etc.

  • The candle is for decoration or decorative purposes

People also use candles for decorative purposes in places like restaurants, halls, places of worship, etc. Most modern candles come in a variety of colors and patterns. Others come in a variety of flavors. Aromatherapy candles are currently extremely popular, the aroma of which affects a person’s mood.

  • Making candles does not require capital or labor

Yes, candle making as a business is neither capital intensive nor labor intensive. You can start this business from home and grow from there. You can also bring your customers to buy from you, or you can take goods away for them. Either way, it won’t cost you much.

I think the few reasons above are enough to convince you of the potential benefits of running a candle making business. So, now that your doubts have been cleared and your pessimism has been brought under control, you can read on to find out a step-by-step approach to starting your own home candle making business.

Start a home candle making business – sample business plan template

1. Determine the type of candle you will make

To start making candles at home, first decide what type of candle you are going to make and sell. As mentioned above, you can make candles for emergency, decorative, or therapeutic purposes. There are also other types of candles such as jar candles, tart candles, candles that use soy wax or paraffin. The choice is yours.

2. Do your feasibility study

A lot of research should be done on your home business niche idea. You need to determine if there is an existing market that you can reach. If so, then you need to determine the level of competition and the exact type of candle your potential customers will need.

After that, you need to prepare a business plan for making candles.

3. Learn as much as you can about the candle making process

Yes. Since you are going to be starting this business on a small scale, you need to make sure you are on the right track and know what you are doing. Knowledge is very important as it can be a huge factor in the cost of production and your bottom line. The first place to start looking is the internet as there are many candle making forums where experienced candle makers are willing to help you.

All you have to do is collect as much information as you can, but make sure the information collected is relevant to your goals and objectives. If your goal and purpose is to make soy candles and cakes, look no further than paraffin wax alternatives. Experiment with different methods of making candles and refine the technique that you think works best. You can earn more if you master your craft. It is practice makes perfect.

four. Personalize your workspace

Clear a space in your home, whether it’s in your garage or even your own craft room where you can create your own candles. Candle making is a messy business and your space should be easy to clean and easy to handle.

5. Write a simple one-page business plan for your candle making business.

6. Register your business

You will need to legalize your business. Everyone knows that before you can start your home candle making business, you need to get the proper permits and licenses from your state and local government. You don’t want the government shutting you down for illegal business dealings.

Before you start making candles at home, talk to a lawyer or an accountant. Get advice on tax structures and insurance. You will need it for future purposes.

7. Simplify your marketing plan

There is nothing wrong with ambition. Ambition will lead you to business success, but being too ambitious will hurt your business. Start small. You have just started your home candle making business. Do not attempt to enter the global market if you can only produce a small number of candles. It will only frustrate you and you will eventually give up.

8. Build your online presence

Going online to sell your products is the most ideal way to attract a large number of buyers. Use social media to your advantage. Since you started making candles at home, you may not have a presence in your community because you don’t have a store. But that shouldn’t stop you from succeeding. Make some noise on the internet and before you know it, people will be buying your candles left and right.

9. Build your brand

The first step in branding your candle making business is making a name for yourself. What would you like your company or your candles to be called? Find creative names for your business. After that, you need to design your logo and print business cards.

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Ten. Learn other business skills such as accounting, finance, marketing and sales

. Your candle making skills won’t be of much use if you don’t know how to plan your finances and market your products. As a candle maker, you are the one who knows exactly what your candles are and what they are for. capable.

11. Find reliable suppliers of candles and craft supplies

In order to start making candles at home, you need to establish relationships with local suppliers. Not only will they be able to offer you great deals and payment options for the products you buy from them, but you can also advertise your candles in their stores.

List of Candle Making Equipment and Kits

  • Rubber plugs
  • stainless steel spoon
  • Thermometer
  • candle wick stem
  • automatic candle making machine
  • Gel filling system
  • wax filling machine
  • Gravity candle casting system
  • Wax transfer system
  • Round glass goblets
  • aromatherapy gum leaf essential oils
  • scented oil for candles
  • dye / candle color
  • modeled effect of palm wax
  • Wax from a container of soy
  • Soy column wax
  • Mini Rainbow Candle Refill Kit

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