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Promising Business Ideas

Engraving Business



Promising business ideas are business ideas that have been done before; your job is to do it better. Engraving is used for both identification and decoration purposes. If you have experience in handling engraving tools (or have the patience to learn), an engraving business may be the venture for you. In addition, when you feel you have the basic skills mastered, take on single projects and work up to more complicated projects, such as:

River rocks

Gifts

Multi-stage Glass

Pet memories

Glass Etching

Motorcycles

Garden Markers

Auto Glass

Glass doors

Woodcarvings

What you need to know about this business

  • Start-up cost $40 to $80 for a simple electric engraver on up to $4000 to $5000 for an air driven, and handheld drill engraver. In addition, it will cost $900 to $1200 for advertising and office.
  • For pricing guidelines, go by industry standards and your time supplies and supplies used of course.
  • Your price will be higher for any custom orders. The more an established artist are the more you will be able to charge what the market will bear.
  • The income potential for this business is $350 to $600 or more per week, more as your skills and reputation increase.
  • You will work in-home except for marketing presentations

How to market this business

  • Place ads in offline and online business directories
  • Print promotional materials, business cards and fliers
  • Send direct mailings to shop owners and auto dealers, insurance companies and inventory specialist
  • Present samples of your work to jewelers and gift shops
  • Rent booths at art and craft shows
  • Join a creative artist group for networking
  • Exhibit your work at museum shops and public artist displays, set up at public and college libraries, in banks and office lobbies.
  • Create a web site to display photos and samples of your work, prices, and contact information

Target Market

  • Contact insurance companies to find out what items should be engraved identification purposes and target shops that carry such items
  • Bridal shops
  • Jewelers
  • Trophy shops
  • Hunting shops (engraving of guns)
  • Auto shops
  • Gift shops and galleries

Home business equipment required

Engraving tools

In addition, products if you sell engraved items


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