How to Start a Craft Business
A craft business can be a great opportunity for a home-based entrepreneur or someone who would like to open their own shop. There is definitely an active market for handmade home decor, woodworking, glass, ceramics, art, clothing, painting, jewelry, or any other type of homemade crafts.
There are many different ways you can make money with crafts. Handmade crafts can be sold from your home, online, in your own shop, or on consignment through someone else’s store. You can also sell at flea markets, fairs, and other community events. Instead of selling, you may choose to teach others how to make crafts. You could host classes for adults or children in your home, or at another location.
Before you spend any money, do thorough research into all the costs that will be involved in getting started and maintaining your craft business. It may be wise to create a business plan. Figure out the costs for tools, craft supplies, and other items you will need for your business. Don’t forget to include insurance costs if you will be self-employed.
Below, you can see how to register your new craft business. If you plan to have your business in your home, you may have less restrictions. You will need to collect sales tax for any crafts you sell, and may need a permit to sell at craft fairs and other open markets.
You can grow your craft business through word-of-mouth and social media on sites like Pinterest and Facebook.
Click on a state to find out how to register and start a new business in that state.