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Craft making and selling

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Investment required Funding
Bank/ Govt. subsidies Setup time
Skills self finance/bank loan
   
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Similar ideas     BPO | EXECUTIVE SECRETARY | FINANCIAL COUNCELLING | LOAN CONSULTANT

A brief of idea

“Paying attention to sensory aesthetics is one of the key features of candlemakers. Candles are no longer considered to be the basic, the have levelled up to being a luxury items with fusion of essential oils for fragrance. If you think you are someone who likes attention to detaila nd wish to light up the world with the candles you make, then this is probably the best business for you! The science of making candles is not tuff. The most important thing while setting up your business is not only getting through the legal formalities but also getting the insurance in place or else you would light up your business in the wrong way!

This business revolves around various kinds of wax, rest it depends on the conatainers, colours and fragrances! If you think you have a good sense of taste in colours and fragrances you can start big or samll depending on the feasibility of your investment. The most important part of this business is to get the raw materials at the lowest possible cost in order to reap maximum profits. The best way to earn a good margin is to sell in the premium segment. You can have your own store or ask a retailer to buy your merchandise. ”

What's required for this setup?
INTERNAL FACTORS
STRENGTH (+) WEAKNESS (-)
   
OPPORTUNITIES (+) THREATS (-)
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