Mold Making
Startup Costs: $2,000 - $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? Yes
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.
Mold Making Ideas
Mailboxes
Turn this commonplace object into an adornment homeowners can show off.
Toner Cartridge Recycling
Reduce waste and save customers money by selling refilled toner cartridges.
Handbag Design and Manufacturing
Sell your unique handbags to boutiques or directly to customers.
More from Business Ideas
How to Start a Lucrative Side Hustle on Taskrabbit, From 3 People Who Did It — One of Them Earns Over $70,000 a Month
Why not get paid for skills you already have?
As a Leader, Take These 5 Steps to Bridge the Gap Between Innovation and Execution
Companies that want to turn ideas into action must align their people and listen to their customers.
Love Doesn't Have to be Tough — 3 Things to Do to Keep Harmony in Your Family-Owned Business
Family matters. So does being intentional in the workplace.