Seeking to start a cricut business but not quite sure what to start?
The good news is, there are so many opportunities to become an entrepreneur and build an innovative product/service in this line of work.
If you're looking to start your own cricut business, there are several low-capital options you can choose from.
We put a list together below of the most profitable cricut business ideas you can start today!
Here they are:
1. Start a sewing and alteration business
Do you have sewing skills and looking for an entrepreneurship opportunity? You can start your sewing and alteration business.
A sewing and alteration business offers customers clothing repair, custom tailoring, button replacement, and other alterations. You can start a sewing and alteration business at home or set up a retail location.
To start a sewing and alteration business, you will need a commercial-grade sewing machine and a marketing strategy, so target customers learn about your business.
How much you can make: $1,000/month
ALTRD is a clothing alteration service launched by two socially oriented entrepreneurs that connects customers with skilled immigrant women tailors in New York who work from home and has already built an impressive team of 25 experts while making an effort to offer convenient and quality tailoring solutions as well as opportunities for women in need of work.
2. Start an embroidery business
Demand for embroidery supplies is growing globally, so starting an embroidery business in 2023 can be a great opportunity. The industry is experiencing a boom, and it has never been the best time to start your own embroidery business.
Before starting the business, weigh whether you have the right skills and knowledge of different fabrics and stitching. The size of embroidery equipment will depend on the size of the business you are looking to set up and how much you are expecting to grow.
Popular items within the embroidery business include:
- Polo shirts
When choosing the items to stock up on, consider the types of customers always looking for embroidered goods and factor in the market size.
How much you can make: $6,500 — $10,000/month
How long does it take to build: 365 days (?)
A patch embroidery business based in New York City has grown to earn $6,500 per month on average within 18 months of starting, thanks to no custom embroidered minimum patches and a strong Instagram presence, with a future focus on B2B customers.
3. Start a children's clothing business
The children's clothing business has grown rapidly over the last few years, and in 2022 was valued at $263.30 billion.
Starting a children's clothing business gives you the opportunity to be your own boss while working in a field you enjoy. While you have to be prepared to work long hours and put in lots of hard effort, it can be extremely rewarding if successful.
How much you can make: $500 — $1,333,333/month
How much does it cost to start: $5,750 (?)
How long does it take to build: 190 days (?)
Argentinian startup Bambox has grown its monthly recurring revenue to $60,000 and ships more than 1,100 boxes of baby essentials a month, a figure expected to help it achieve an annual recurring revenue of about $750,000 in 2019, after launching its first subscription service in July 2017.
4. Start a marketing brochures business
Marketing brochures are one of the most effective and versatile marketing tools companies use to inform the target audience of their services and products. According to statistics, over 70% of marketers use brochures to relay brand messages to their target customers.
Given businesses' high consumption of brochures, starting a marketing brochure design and printing business can be a lucrative opportunity. To start, you need design skills so you can come up with amazing brochures that capture the attention of the target audience.
How much you can make: $800,000/month
How long does it take to build: 180 days (?)
Flipsnack is an online tool that allows anyone to create digital flipbooks and has increased its business revenue by over 50% year over year, with YoY growth rates between 50% - 84%, shifting from a B2C approach and focusing more on B2B.
5. Start a sportsmen vests business
6. Start a vehicle wrap business
7. Start a vinyl signs business
How much you can make: $15,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
Learn how Michael Nova went from being a musician to starting a $180k/year custom printing business by offering exceptional customer service, building strong vendor partnerships, and prioritizing the long-term success of his clients.
8. Start a mirror art production business
Mirror art involves assembling small mirror pieces of varying colors and shapes to resemble a picture, landscape, or abstract design. You can use laser engraving technology as a unique and innovative way of customizing mirrors without frosting or damaging the mirror glass.
9. Start a knitting business
The knitting business idea is all about creating handmade knit items such as scarves, sweaters, hats, and more. To start this business, you will need key tools and materials, including knitting needles, yarn, and patterns.
To operate this business successfully, you will need to have a good understanding of knitting techniques and be able to create high-quality items that appeal to your target audience. You should also have strong marketing and sales skills to attract and retain customers.
One way to grow your business could be by offering knitting classes or workshops to beginners interested in learning how to knit. The lessons and workshops can not only help you generate additional income, but they can also help to build a community of loyal customers.
To sell your handmade knit items, you could consider setting up an online store or participating in local craft fairs and markets. You could also consider partnering with local boutiques or retailers to sell your wholesale products.
Overall, the knitting business idea is a great way to tap into your creative side and create beautiful, handmade items that people will love. You can build a successful, fulfilling, and financially rewarding business with the right tools, skills, and marketing strategies.
How much you can make: $500,000/month
Meet Evgenia, the founder of Woolstock, a yarn and knitting company that started with a few thousand a month and quickly grew to making 500,000 US dollars per year by listening to customer needs, expanding product ranges, and focusing on social media marketing and partnerships.
10. Start a handbag business
A handbag business involves designing, producing, and selling handbags and other accessories, such as wallets and clutches. The business can be run online through an e-commerce website or physical retail stores.
To run a successful handbag business, it is essential to have a unique and stylish product line that stands out from competitors. This can be achieved through market research, staying up-to-date with fashion trends, and offering a variety of materials, colors, and sizes.
Marketing and branding are also crucial for attracting and retaining customers. This can be done through social media campaigns, influencer partnerships, and collaborating with fashion bloggers and stylists.
Another important aspect is pricing and pricing strategy. It is essential to price the products competitively while considering the cost of materials and labor.
Finally, customer service is crucial to building a loyal customer base. This includes responding promptly to customer inquiries and complaints, offering excellent customer service, and providing flexible return and exchange policies.
Starting and running a handbag business requires creativity, attention to detail, and strong business skills. It can be a lucrative and rewarding venture with the right strategies and dedication.
How much you can make: $1,000/month
How long does it take to build: 139 days (?)
Ohrna is a sustainable lifestyle products brand that empowers rural women in India by providing them with training and resources to create embroidered jute products, with current revenues of around $12,000 and 15 women employed.
11. Start a banners business
12. Start a paper crafts designing business
A paper crafts designing business involves creating handmade items such as greeting cards, invitations, scrapbook layouts, and other decorative items using paper and other materials. It is a business that allows creativity and imagination to flow as entrepreneurs design and create unique and personalized items for their clients.
To start a paper craft designing business, entrepreneurs must have a good eye for aesthetics and a solid attention to detail. They will also need to be proficient in various crafting tools such as scissors, glue, and punches.
To run a successful paper craft designing business, entrepreneurs should focus on building a solid brand and marketing their products effectively. This can be done through social media, online marketplaces, and participating in local craft fairs and events. It is also essential to continuously learn new techniques and stay updated on the latest trends in the industry.
In addition, good customer service, working efficiently, and meeting deadlines are crucial for the success of paper crafts designing business. It is also essential to price products somewhat and offers a variety of options for clients.
Overall, a paper craft designing business allows entrepreneurs to express their creativity and turn their passion for crafting into a successful business.
13. Start a christmas ornaments business
Christians wear Christmas ornaments to reflect God’s love and light in their lives. If you are looking for a seasonal business idea, you can start the production of Christmas ornaments using laser technology.
The laser technology provides a cost-effective way of making Christmas ornaments and jewelry. You can operate the business from home or start a small storefront where you can keep your equipment and raw materials.
14. 3D printing for marketing & promotional products
3D printing for marketing products gives businesses a unique way to set their brand apart and make a lasting impression. As competition intensifies, businesses in different sectors choose 3D printing as a way to customize and create fantastic designs and products.
Therefore, if you want profitable and high-in-demand 3D printing business ideas, consider starting 3D printing for marketing products.
How much you can make: $275,000 — $400,000/month
How long does it take to build: 197 days (?)
Multi-million dollar presentation folder company, Company Folders, offers over 100 million variations of products and has won multiple awards, including making Inc.’s list of 5,000 fastest-growing private companies in America for three consecutive years, due to their focus on quality, variety, and personalized customer service.
16. Become a basket weaver
The basket weaver business idea is about creating beautiful, handmade baskets using materials such as wicker, straw, or natural fibers.
To start this business, you will need basic basket weaving skills and access to the materials you will use to create your baskets.
You may also need a workspace, such as a small studio or workshop, to create and store your baskets.
To operate your basket-weaving business, you must market and sell your baskets to customers. You can market and sell through various channels, such as online marketplaces, craft fairs, or your website. You may also consider partnering with local retailers or gift shops to sell your baskets.
In terms of pricing, you will need to consider the cost of materials and the time and effort you put into each basket. It is essential to set fair prices that reflect the value of your baskets while also allowing you to make a profit.
The basket weaver business idea is a great way to turn your passion for crafting into a successful business. With the basic skills, materials, and marketing, you can create and sell beautiful baskets to customers worldwide.
17. Start a custom doll business
18. Start a crafts business
The crafts business idea involves creating handmade items and selling them to customers. The handmade items could be anything from jewelry, home decor, clothing, or accessories- endless possibilities!
To start a crafts business, you’ll need essential supplies like crafting materials, tools, and a workspace. You’ll also need basic business skills like marketing, pricing, and customer service.
To operate the business, you’ll need to devise a plan for creating your crafts, finding customers, and fulfilling orders. You may want to start selling your items at local craft fairs or online through platforms like Etsy or your website. You’ll also want to keep track of your expenses and profits to make sure you’re making a profit.
The crafts business idea is a great way to use your creativity and passion for making things to create a successful business. Just be sure to research, create a solid business plan, and be consistent in your work. Good luck!
How much you can make: $600/month
How much does it cost to start: $5,500 (?)
How long does it take to build: 180 days (?)
DownHomeModern's Marc Staples turned his creativity into a successful business through handcrafting windbells and chimes with a rustic style that pays homage to American Southwest decor.
19. Start a t-shirts business
Starting a t-shirt business is simple and anyone can do it. It's also a great way to make money on the side or even start out as a full-time business.
If you are someone who enjoys creating beautiful designs and has a sense of humor, then starting a t-shirt business might be the perfect venture for you. It's also a great way to make extra money on the side while working on a hobby.
How much you can make: $5,000 — $83,300,000/month
How much does it cost to start: $8,000 (?)
How long does it take to build: 42 days (?)
This case study follows the story of a successful online business that has made 7.2 million dollars in sales since 2012, with profits of around 30-45%, and the founders share insights on lessons learned and tools used.
20. Start a Digital Printing Business
Digital printing is a more flexible and cost-effective option than offset print. It is popular for its quality and ease of use. You don’t need to take the mechanical steps that are essential in offset printing, which makes it much more popular.
Digital printing is a fast-growing industry that allows you to print high-quality images, text, and symbols on your own products. It also allows you to customize printed products with various materials, such as different inks and paper, or you can use pre-made pages and print them using a digital printer.
A Digital printing business is a simple and easy way to start a small business. It requires less investment as compared to other types of printing business ideas.
The average hourly wage for a Digital Print Operator in the United States is $17, but salaries can range from $16 to $19 per hour.
How much you can make: $1,000,000 — $6,250,000/month
How long does it take to build: 92 days (?)
Web-to-print software company Design'N'Buy has acquired clients in over 40 countries and earned a turnover of $1.5 million and 1,000+ clients across 60+ countries within a short span of existence.
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