About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Mold Making
Startup Costs: $2,000 - $10,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Help inventors and manufacturers bring their products to life by creating molds.
Business Overview
Thousands of different products require a mold in order to be manufactured. Canoes are made from a mold, lawn ornaments are made from a mold, many car body parts are made from a mold, and these are just a few examples. Initiating a business that specializes in making manufacturing molds for clients is not a hard business to establish. However, there is definitely one main requirement: you or an employee must be able to design and build numerous styles of molds. Typically, molds used in manufacturing are constructed from fiberglass, so a well-vented workshop will also be a requirement for this business. Gaining clients can be as easy as purchasing a manufacturers directory and soliciting the manufacturers for mold making contracts, as molds do not last forever and have a predetermined lifespan based on the number of times they are used. The profit potential in mold making is very good, as a single mold can sell for as much as $10,000 for a small product and over $100,000 for a large product, such as a sailboat.