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Published 4 years ago by ishawnmike with 0 Comments

How to Start an In-Home Art and Craft Business

When it comes to art and craft many of us tend to recall the old childhood days when we use to do small craft activities in our schools. Coloring the eggs, creating things out of old and unused stuff, and freehand painting were some of the art and craft activities introduced to us in our schools. The field of art and craft is very vast and some people even plan to make their career in it. We have some big names in the field of art who even got international awards for their commendable work. This article will give you nine useful tips for starting your art and craft business from home. Let's take a look at them.

  • Decide your purpose of starting this business

    One thing that should be kept in mind is that art and craft also requires a lot of dedication. The motivation behind your purpose will drive you to achieve your objectives. So you need to decide what your objectives are. Decide if you are doing this business to earn some extra income every month or planning to make it as your full-time job? If you are planning to make it a full-time job, it’ll require your utmost attention and you’ll need to put all your efforts into it.

  • Do an in-depth technical research

    Starting an art and craft business does not necessarily require a degree. However, it is ideal to have a know-how about it. Since you are starting it as your business rather than just a hobby, you should research about your field. Besides this, having some business knowledge is also a plus point. You can visit libraries and issue books on art and craft. Similarly, you can check out some useful videos online or go for a short online course.

  • Know your market

    Before starting your work on any project, you should carry out a market research. This will tell you the current trends in the market and make you aware of the crafts that are high in demand. Visit the nearby craft shop, research some trade publications and use social media to know what people are currently buying in art and craft. This will also give you an idea about the current pricing of the market and help you in setting your prices accordingly. Similarly, you should do research on the top sellers of art and craft. Know your competitors and see what their strategies are.

  • Select places to sell your items

    Making a creative item will be of no use if you do not know the right place to reach your audience. Gone are the days when people use to visit craft shows for selling their items. Today, 60% of shopping is done online. Thus, art and craft items are also sold through e-commerce stores and Etsy is a big name in it. Etsy is helping thousands of people do their art business. This online store is highly popular with a lot of buyers. One great benefit of selecting this store to sell your product is that it targets the right audience. Alternatively, you can also make your private online store or sell products through Facebook pages.

  • Select a business structure

    Selecting a business structure is also essential. If you are starting your business alone, you will be its sole proprietor. If you have a partner with you, you will be having a partnership structure with divided risk and investment. Similarly, if you are more than three, opting for a limited liability company is the right choice for you.

  • Choose a name for your business

    Try to give a creative name to your business. You need to apply for a DBA (Doing Business As) if you are selecting a business name other than your own name. Research to check that the business name does not already exist. This is the ideal time to get a domain for your future website.

  • Get ideas for packaging

    Keep in mind that people expect some attarctive packaging when it comes to art and craft items. Make sure that the packaging is creative and safe at the same time. Firstly, you need to decide if the items are breakable or not and then the packaging can be decided. You can go for bubbles wraps, padded envelopes and creative boxes for the packaging of your items. Some people go for artistic wrappings because they take it as an opportunity to showcase more of their skills to the client who has already purchased a product from them. This may include a small painting on the box, a handmade item attached to the cover, or an unusual and creative manner of wrapping the product.

  • Select an appropriate payment method

    Selecting a payment method is important for the convenience of your clients. Do some research to see which payment method is well-suited for your target market. This may be different for different businesses, for instance a carpet cleaners London outlet may do a survey on the most convenient payment methods for their clients and then finalize the one with the highest demand. However on Etsy, you can avail its integrated payment processor.

  • Fill out the sales tax forms

    Since you are starting a business, you need to register yourself for the sales tax. Contact the controller officer of your state and put up a request for your sales tax license. You can also contact an accountant to understand the tax procedures for your business structure. In short, if you have the passion to create appealing handmade pieces of crafts, and wish to inspire others with your amazing paintings, it’s time to start your own art and craft business. The tips mentioned above will definitely help you in making good money out of it!

 

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