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Topic: Is it possible to own a craft business with out making crafts  (Read 495 times)
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jershyLA
« on: June 13, 2010 07:53:05 PM »

I would love to have a craft business but I don't want to have to make all the crafts my self. Is this possible???
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lady.lin
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« Reply #1 on: June 15, 2010 06:16:04 PM »

Well sure, it's possible. You've got a few options as far as business models go.

1) Buy directly from the artisans.
  The best way to do this is by making wholesale orders. Order a lot of the same product, and the artisan will generally give you a bulk discount. Some prefer wholesale, some won't do it at all. You'll have to ask around.
2) Hire someone to make the crafts.
  Pay by the piece or by the hour - it'll definately run prices up very quickly.
3) Run a consignment shop.
  I'd only recommend this if you're looking to get a brick & mortar storefront, not online. I'd also recommend working solely with local artisans, otherwise you're  going to run into lots of complications. Consignment fees usually run between 20% - 50%; 30% is considered "standard", but many high-end shops charge as much as 50%.
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« Reply #2 on: June 18, 2010 07:06:04 PM »

You might also consider a partnership if you've got any business savvy and can successfully market other people's wares. Crafters are often not very good business people. You can share in the profits by being a manager of sorts. Sort of like consignment but you don't necessarily need to keep inventory. For example, you can get the pics taken and post up on a website or online store, market the website, make the shipping arrangements, etc. and the crafters can just craft.
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