About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Wind Chimes
Startup Costs: Under $2,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Harmonize for love for crafts and music by creating wind chimes.
Business Overview
Seashells, glass, metal or bells—-wind chimes can be manufactured from almost any kind of material. Starting a business that manufactures wind chimes can be a great way to turn spare time into extra income. The wind chimes can be sold to retail stores, garden centers and gift shops on a wholesale basis. Or, the wind chimes can be sold directly to the end consumers via a booth at a busy flea market, mall kiosk or an online mall. While there may not seem to be a lot of potential for profit in this type of manufacturing business, consider the following: 50 retail accounts that sold only four wind chimes each month would produce total unit sales of 200 wind chimes. A $10 gross profit on each wind chime sold would produce gross profits of $2,000 each month for the business venture. Now imagine if there were 500 retail accounts established across North America that achieved the same sales volumes, this simple manufacturing and wholesaling business would then be generating gross profits of $20,000 per month.
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