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
Wooden Toy Manufacturing and Sales
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? Yes
Love classic toys? Make them and then sell them.
Business Overview
Wooden toys not only appeal to children for play, but also to adults for home and office decorations. Manufacturing wooden toys is a wonderful home based business opportunity that can be activated for peanuts and has the potential to return big profits. Marketing the toys can be accomplished by way of wholesale sales to merchants, the internet, mail-order catalogs, craft shows, mall kiosks and home shopping parties. Traditionally, popular wooden toys include trains, jigsaw puzzles, cars, numbered building blocks and wooden soldiers. But that’s just the tip of the iceberg. The only limitation to the different kinds of wooden toys that can be designed and manufactured is your own imagination. Additionally, approach local building and home improvement centers to see if they'll let you set up a mini-manufacturing facility right in their store. If this can be accomplished, it would be a great marketing tool to be able to build the toys in front of a live audience.
Needed Equipment
The requirements for type of woodworking business enterprise are relatively basic, and include woodworking skills and a well-equipped woodworking shop. Design and building plans are available for various types of wooden toys, or you can design your own toys as your skills improve. In the age of being politically correct, it's not a bad idea if you were to use only recycled wood to make your toys. Not only would you be helping the environment and saving money on material costs, but it can also be a useful and powerful marketing tool. Recyclable wood material includes beach driftwood, used building materials, cedar rail fencing, pallets, packing crates and fallen forest brush. And most, if not all, of these waste wood materials can be acquired for free.
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