1. Custom T-Shirt Printing
Profit Margin: 30-50%
Market Size: $3.4 billion (US)
Equipment: Printer, heat press, design software
Skillset: Graphic design, business management
Custom T-shirt printing is a popular business idea that can be started with a low investment. You can create and sell your own designs, or offer printing services to customers who provide their own designs. This business is relatively easy to start and operate, but it does require some basic design skills.
2. Jewelry Making
Profit Margin: 40-60%
Market Size: $28 billion (US)
Equipment: Jewelry-making tools, materials
Skillset: Jewelry-making techniques, design
Jewelry making is a creative business idea that can be started with a small investment. You can create and sell your own jewelry designs, or offer custom jewelry-making services to customers. This business requires some basic jewelry-making skills, but it is relatively easy to learn with practice.
3. Candles
Profit Margin: 40-50%
Market Size: $2 billion (US)
Equipment: Wax, wicks, containers, fragrance oils
Skillset: Candle-making techniques, scent blending
Candle making is a popular business idea that can be started with a low investment. You can create and sell your own candle designs, or offer custom candle-making services to customers. This business requires some basic candle-making skills, but it is relatively easy to learn with practice.
4. Bath Bombs
Profit Margin: 40-50%
Market Size: $1 billion (US)
Equipment: Baking soda, citric acid, essential oils, molds
Skillset: Bath bomb-making techniques, scent blending
Bath bomb making is a similar business idea to candle making, but with a focus on creating bath bombs instead of candles. This business requires some basic bath bomb-making skills, but it is relatively easy to learn with practice.
5. Soap Making
Profit Margin: 40-50%
Market Size: $5 billion (US)
Equipment: Soap base, essential oils, molds
Skillset: Soap-making techniques, scent blending
Soap making is another popular business idea that can be started with a low investment. You can create and sell your own soap designs, or offer custom soap-making services to customers. This business requires some basic soap-making skills, but it is relatively easy to learn with practice.
6. Woodworking
Profit Margin: 30-50%
Market Size: $10 billion (US)
Equipment: Woodworking tools, materials
Skillset: Woodworking techniques, design
Woodworking is a more traditional business idea, but it can still be a profitable one. You can create and sell your own woodworking products, or offer custom woodworking services to customers. This business requires some basic woodworking skills, but it can be learned with practice.
7. Metalworking
Profit Margin: 30-50%
Market Size: $15 billion (US)
Equipment: Metalworking tools, materials
Skillset: Metalworking techniques, design
Metalworking is a more specialized business idea, but it can be a profitable one if you have the right skills. You can create and sell your own metalworking products, or offer custom metalworking services to customers. This business requires some basic metalworking skills, but it can be learned with practice.
8. Glassblowing
Profit Margin: 40-60%
Market Size: $1 billion (US)
Equipment: Glassblowing furnace, tools, materials
Skillset: Glassblowing techniques, design
Glassblowing is a unique business idea that can be profitable if you have the right skills. You can create and sell your own glassblowing products, or offer custom glassblowing services to customers. This business requires some basic glassblowing skills, but it can be learned with practice.
9. Pottery
Profit Margin: 30-50%
Market Size: $4 billion (US)
Equipment: Pottery wheel, kiln, materials
Skillset: Pottery techniques, design
Pottery is another creative business idea that can be started with a low investment. You can create and sell your own pottery designs, or offer custom pottery-making services to customers. This business requires some basic pottery skills, but it is relatively easy to learn with practice.
10. Papermaking
Profit Margin: 40-50%
Market Size: $500 million (US)
Equipment: Papermaking equipment, materials
Skillset: Papermaking techniques, design
Papermaking is a unique business idea that can be profitable if you have the right skills. You can create and sell your own papermaking products, or offer custom papermaking services to customers. This business requires some basic papermaking skills, but it is relatively easy to learn with practice.