How to Begin a Candle Business

With the holidays coming, many people are looking at the concept of beginning their own business, or perhaps just a side business to make a little extra cash in these tighter economic times.

If you are creative and love beauty and scents, one of the businesses that you may be interested in is a candle business. Candle businesses are very popular. There are a lot of reasons for this. First, almost everyone loves candles. They generally look pretty, can offer up scents that are lovely, bring back great memories and can happily fill the air of a home. Also, there is something calming about watching a candle flicker as it burns.

So, how do you start a candle business? There are two options:

Make The Candles

If you are a real creative type, you may like the idea of making your own candles and selling them – something unique, special and that people can't get anywhere else.

There are two options for getting your supplies – retail and wholesale. If you only want to make a few candles to decide whether you like the idea, you may want to purchase the supplies at a retail craft store to try it out. But, once you know this is what you want to do, you need to switch to wholesale purchasing. Wholesale purchasing is where you will buy your supplies in bulk, directly from a distributor, instead of a retail craft store, and then make your candles and sell them for retail. Your cost in supplies per candle is much lower at wholesale (usually 50% less), which means a larger profit.

Resell Wholesale or Liquidation Candles

If you don’t have the time or patience to make your own candles, you can still have a successful candle business selling candles that you purchased at wholesale.

Many companies that make candles are happy to sell them at wholesale prices to you by the case so you can make a profit while they make a large sale. Once again, this should get you the candles at 50% lower than the retail price so you have room to mark them up to make a profit.

The other possibility is to find candles at an even lower price, by selling liquidation candles. Liquidation goods are items that have been pulled off the shelves at a store or were overstocked merchandise that a store no longer wants. Instead of having these items stack up in their warehouse they will often sell them well below wholesale just to make them go away. This means you can make an even better profit.

About the Author

Steve Sikes is an MBA and writes articles on wholesale and liquidation auctions and how to make a profit reselling these products. He also writes articles on financial products including insurance and credit cards. To read other articles on wholesale and liquidation auctions and making a profit buying and reselling liquidation clothing, jewelry, electronics, apparel and much more, you will want to visit <a href="http://www.WholeSale611.com">www.WholeSale611.com</a>