When building a handmade business for the first time, it can be helpful to keep costs down by choosing projects that don’t require many tools. You can always increase the complexity of your products and add more items as your business grows, but starting with inexpensive manufacturing costs may help you avoid making a loss from the outset. In this post, we will be sharing 5 cheap handmade business ideas you can start from home in 2023.
One of the easiest ways to keep costs a minimum is to use equipment you already have at home. For example, if you are a hobbyist jeweller with files, hammers, and pliers at home, you may find it more productive and worthwhile to exercise your existing skills and equipment before beginning an entirely new venture.
Another way to keep your expenses at a minimum is to select projects with affordable overheads. Need some inspiration? Get started with these 5 low-cost handmade business ideas:
One of the fantastic things about selling artwork is that you can use as many or as few materials as you like during the production process. If you’re able to outsource your printing, they can also be incredibly time-effective products; once you’ve created a piece, you can use it repeatedly in many formats. From a single composition, you could create anything from framed prints to greeting cards.
Many forms of jewellery making don’t require you to purchase specialised equipment or materials. You can create incredible pieces using solely beads and stringing materials. Whether you use eco-friendly recycled glass beads or construct intricate knotted designs, there are many ways to make unique products with limited supplies.
Another fantastic handmade business you can start on a budget is lettering. You can help others to commemorate special occasions with beautifully inscribed wedding, birthday, graduation, Mother’s Day, and Father’s Day gifts.
Macramé projects vary in complexity and size, but many small designs utilise only a few materials and produce fantastic results. It’s inexpensive to start, and you can create all sorts of products, from wall hangings to key chains – even within a limited space.
There’s a low barrier to entry to creating your business selling knitted or crocheted products. For basic projects, all you need is high-quality yarn, scissors, a tapestry needle and knitting needles or a crochet hook. You can also knit or crochet anywhere, making it a great part-time option that you can work on during your commute or spare moments at home.
Even if you’re operating on a tight budget, there are still plenty of options available for inexpensive handmade businesses you can start today. Once you’ve decided on a product to sell, you’ll need to consider how you’ll promote your work.
Many online selling platforms are oversaturated with goods, and it’s difficult to get seen by buyers. Here at Faber, our UK-based online handmade marketplace is built exclusively for craftspeople. We handpick all our vendors to ensure that only authentic, artisan-made/ designed goods are shared on our site. In doing so, we keep the competition at a minimum for real makers so your products are more discoverable.
Want to learn more? You can find more information about the benefits of selling with Faber here.
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