Can I make money on handmeyde

Many of us sew, knit, cut out of wood, do scrapbooking or other needlework. And you probably already thought about how to turn your hobby into a source of income. But can such a craft feed you?

So, in order to start a business on a handmade, it is worth considering carefully the following points.

Will they buy what I do?

To understand how much the fruits of your labor will be in demand, the easiest way is to try to introduce yourself as a buyer. Think about how much you personally would need such a thing, how much you are willing to pay for it. Look for analogues on the Internet.

Useful advice: if you create something unique and inimitable, then it’s worth trying to sell your products, but if you have found many competitors, then … it’s also worth it, but you will have to add a twist to your products.

Calculate expenses and income

Make an approximate budget for the month, imagining that you are already doing business on needlework. In the expense column, include everything that you have to spend money on - from food and rent, to the regular purchase of materials, tools for work, sending orders to customers, mobile communications, taxes, etc. Evaluate incomes realistically, not hoping for a good customer attitude, your own ability to work and creative ideas.

Useful advice: remember that your work should pay off. Include in the price of goods not only the cost of consumables, but also the time spent on work.

Find the sites where you will sell your product

It is also worth doing in advance in order to assess the presence of competitors and the possible income. Do not forget that the use of space at the virtual "fair" will have to pay (the same applies to your own site, but it will also have to be untwisted).

Useful advice: fortunately, to conduct such a business, it’s enough to open an online representative office, which is quite cheap. But you should not spend money on the lease of a point of sale (especially in the early stages of the development of such a business).