Start a candle-making business at home this Diwali with Rs 10,000 to Rs 15,000
Candles are in demand for Diwali decoration and for gifts, and a small home business can begin with an investment of Rs 10,000 to Rs 15,000.
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Diwali is a festival of joy and lights. Homes are decorated in bright colours and there is a glow everywhere. Demand for decorative items also rises in the market at this time, which makes it a good opportunity for those thinking of starting a business with little money.
One such option is candle making, which can be started from home. An initial investment of Rs 10,000 to Rs 15,000 is enough. However, how much one actually earns depends on how much stock is sold and how much it costs to make.
As Diwali is the festival of light, people buy different candles to decorate homes, shops and offices. Colourful, designer and scented candles sell well in the market. The demand is not limited to Diwali. Candles are also used at birthday parties, weddings and religious rituals, and as gifts.
Small entrepreneurs can sell their candles in the local market during the festive season. If the design and packaging are good, the candles can also be made up as gifts.
Expensive machines are not needed at the start. On a small scale, candles can be made by hand using moulds. For this, one will need wax (the raw material), wicks and thread, moulds of different shapes and designs, colours and fragrances, and packaging to sell the finished product in a safe and attractive way.
Materials should be bought from the local market or online. At the start, it is always better to make designs in limited numbers and small quantities to get a sense of what customers like. Once the business is running, the most important task is reaching customers. Sales can be made through local shops, wholesalers or social media. Along with regular candles, one can also keep a collection of scented, coloured and decorative candles. Their prices can be set according to design, size, brochure and packaging.
There is no fixed figure for profit. Raw material, packaging, weight, transport, sales and additional production costs have to be counted. For example, if the total cost of producing and selling a batch is Rs 5,000 and the batch is sold for Rs 8,000, Rs 3,000 remains after costs, which is a profit of Rs 3,000.
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