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
Jewelry Making Instruction
Startup Costs: $2,000 - $10,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
The love for jewelry has never gone out of style. Teach others how to create bling.
Business Overview
Starting a jewelry making instruction business could prove to be very profitable and fun. To keep initial startup costs to a minimum, build alliances with local businesses such as craft stores, clothing retailers and community centers. By establishing these alliances, you can hold the jewelry instruction classes on the site of your new business partners and split the sales revenues with the owners of these businesses—not to mention the fact that this will also provide you with the opportunity to capitalize on the business’s existing customer base to attract new students for the jewelry making classes. A mere four classes per week with ten students paying $20 each will create business revenues in excess of $40,000 per year.