Mold Making
Startup Costs: $2,000 - $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? Yes
Thousands of different products require a mold in order to be manufactured. Canoes are made from a mold, lawn ornaments are made from a mold, many car body parts are made from a mold, and these are just a few examples. Initiating a business that specializes in making manufacturing molds for clients is not a hard business to establish. However, there is definitely one main requirement: you or an employee must be able to design and build numerous styles of molds. Typically, molds used in manufacturing are constructed from fiberglass, so a well-vented workshop will also be a requirement for this business. Gaining clients can be as easy as purchasing a manufacturers directory and soliciting the manufacturers for mold making contracts, as molds do not last forever and have a predetermined lifespan based on the number of times they are used. The profit potential in mold making is very good, as a single mold can sell for as much as $10,000 for a small product and over $100,000 for a large product, such as a sailboat.
Mold Making Ideas
Product Assembly Service
Put products together for businesses with a product assembly service.
Welding
The road to success may be lit with a welding business.
Sandbox Manufacturing
Use creative carpentry skills to perfect playgrounds.
More from Business Ideas
He Had $75 When He Immigrated to the U.S. as a Refugee. Then He Started a Business — and Grew It to $1.2 Billion.
Payam Zamani, founder, chairman and CEO of private equity firm One Planet Group, faced numerous challenges as an immigrant entrepreneur, but none of them deterred him from his vision.
She Started a Side Hustle That Earned More Than $1 Million in Year 1: 'Manifest Your Best Life'
Nadia Liu Spellman, founder and CEO of Dumpling Daughter, wanted to honor her parents' success.
I Teach Aspiring Entrepreneurs How to Prototype — Try These 4 Simple Tips to Turn Blank Pages Into Blueprints
Here's how you can use prototyping to bring your business ideas to life.