How to Start a Picture Framing Business?
Pictures are everywhere in your life. Almost every picture you see contains a frame. Therefore, starting a picture framing business to make extra money is very sensible. You can also do picture framing business as permanent job. The requirements of this business are a bit expensive but it has a good profit. Also the future of picture framing business is endless.
What Dou You Need To Start Picture Framing Business?
The basic equipment needed for picture framing business is glass cutter, wood materials, plastic materials and metal materials. You would use these materials to create the frame. Also you need some nails and glue to combine the edges of the frame. These equipment’s cost approximately 1,500 Dollars. You have to choose which material you will use because every picture has different type. Also the wood cutter and glass cutter are one time purchase materials. After a couple of month you would gain the money which you spend for these tools.
Moreover, you have to get business license to start picture framing business. Also you have to apply for Employer Identification Number and sales tax number. You can get more information about these licenses from your state’s department of revenue.
How Much Can You Earn In Picture Framing Business?
The price of picture frames changes with dimension and material type of frame. There are small, medium, large and extra-large picture frames are available. Therefore, the prices can change. The small picture prices starting from 2 dollars, the medium ones starting from 4 dollars, the prices of large picture frames are starting from 8 dollars. The metal made frames expensive than other types. Moreover, the pattern frames is more expensive. The price of metal made, extra-large and pattern frame is starting from 30 dollars. Also you can get additional money with special works.
Approximately you can sale 150 frames in a month. The prices of frames are approximately 15 dollars. That means you would earn 2250 Dollars in a month. The prices of materials which you use to create the frames cost about 800 Dollars. So, your profit is 1450 dollars in a month for 150 frames. This amount can increase and decrease with orders. Picture framing business profitable rate is in the range of %30 and %60.
How Can You Sell Your Picture Frames?
The first way you can sell the frames in your home. Basically you do frames in your home and you can sell it to your neighbors, relatives and friends. If they like your product they recommend you to their friends therefore you can get more order. Secondly, you can sell the frames online. You can create your own website or you can sell the frames on Amazon or AliExpress. The other way is a shop. If you have enough money you can open a picture frame shop. You don’t have to start a new one because picture framing business for sale is available most of the places.
Things You Should Notice in Picture Framing Business
The first thing is you should notice the materials. You should create every kind of frames. After a while you will understand which frame type is selling more so that you will start create more that materials. Secondly you should notice the dimension of frames. There are standard dimensions are available for frames. You should look online and create the same dimension expect the special jobs. Thirdly, you should do your job by heart. If you sell someone a frame and the customer don’t like it the customer doesn’t recommend you. At the start of this business good feedbacks are very important.