You can pursue several business ideas creative as an entrepreneur…
You can pursue several business ideas creative as an entrepreneur or creative individual. However, you should be wary of simultaneously starting and growing too many businesses.
There are a lot of ideas that aren’t considered “creative” but are just downright innovative. Creative ideas must provide a new perspective, a new way of looking at something as old as time.
Business ideas creative are a bit like dating; you need to keep your options open. So, we have made a list of 12 business ideas creative; feel free to choose the ones you want to pursue.
11 Business Ideas Creative Worth Exploring
Our comprehensive guide to starting a creative business covers everything from the performing arts to writing to crafting.
1. Candle Manufacturing Company
Candles have the potential to take on a unique artistic shape with the help of some imaginative thinking. If interested in candle business, you should play around with different flavors, colors, and shapes. This will enable you develop a product that stands out from the competition and can command a higher price.
Margin gains of 50% or more are not out of the question. There isn’t a huge investment in materials, but you’ll need to be able to put in some serious work to turn a profit. You can also separate yourself by providing superior service.
2. Craft Stores
Entrepreneurs with a passion for the arts who want to sell art supplies can create craft stores. You can bolster your income through the purchase and resale of wholesale quantities of craft materials.
A secondary but much less typical source of income for this industry is the production of unique arts and crafts. These shops are not uncommon to also provide sewing and quilting workshops.
Profit margins in the craft retail industry are susceptible to the prices at which products are sold. While your store’s revenues won’t come close to the billions that large chains make each year, craft supply industry is still lucrative.
3. Quilting Business
Quilting might be the ideal profession for those who are creative, have an eye for patterns and organization, and enjoy working with their hands. Revenue will be primarily driven by the time spent on custom orders from customers and maintenance on already completed quilts.
Sewing firms offer an alternative to store-bought clothing for those whose measurements fall beyond the typical range. If you enjoy the fashion industry and want to help others achieve self-esteem, then consider starting a sewing business.
A one-person sewing business can earn $18,000 to $67,000 per year, depending on years in business, location, and quality of machinery. The number of employees and franchises that a sewing firm can hire can dramatically increase its profits. Some may even grow to be able to offer franchises as well.
Entrepreneurship on Etsy may be an excellent fit for anyone who appreciates crafting or collecting unique, one-of-a-kind items. For creative types of all stripes, this is a great marketplace for their wares.
Etsy is a marketplace where individuals can start businesses selling handmade or vintage items. Though most companies only sell directly to consumers, Etsy provides a gateway into the wholesale market.
The revenue of Etsy shops is not standardized. The sales volume for certain companies barely breaks even yearly while some competitors make a hundred or more deals per day. Most successful companies gross several hundred thousand dollars annually.
6. Book publishing for kids
People who have authored or intend to write children’s books on their own might want to explore creating a children’s book publishing company.
Some business owners try their luck with traditional publishers before turning to self-publishing, while others skip that step altogether.
It may come as a surprise, but children are not the intended readers of children’s novels. On the contrary, book buyers are typically parents, institutions of learning, and public libraries.
A children’s book publisher can make six figures off a single best-seller. Although e-books are still in their infancy, they present an interesting opportunity for publishers who are currently selling print versions of the same books.
7. Contract Writing Services
Freelancing as a writer is a great profession for those who have a flair for language and enjoy reading, writing, and expressing themselves.
Freelance writers must be able to write on short notice, cater to their clients’ individual requests, and keep their readers engaged. They must also be able to write in a variety of voices and research a wide range of themes.
A freelance writer can earn $20,000 or more within the first year. If you can stick it out, you can easily earn $30,000 or more in the next year.
It is possible that you can make $50,000 or more after spending a few years working hard as a freelance writer.
8. Online Magazines
Creative writers with a talent for producing specialty material may find themselves in a favorable position to launch their online magazine.
The skills of a writer, editor, web developer, webmaster, advertising salesperson, and businessperson are necessary for a successful career as an online magazine publisher.
Online magazines typically have no paywall and offer plenty of free articles. Advertisements are the main source of income. Ad networks like Google AdSense will pay you a small fee for each click on the advertising they place on your website.
Therefore, ad revenue is the primary factor in your financial success. As you expand, you may need to start looking for creative talent like designers, editors, and painters to join your team.
9. Business of Screenwriting
Creating a screenwriting company is the next innovative enterprise on our list. Investors who are both avid moviegoers and writers may choose to consider the screenwriting industry.
Anyone with knowledge of the cinematic process would do well in this industry. They should enjoy coming up with original takes on stories, whether they’re fresh and daring or tried and true classics.
Writers for the screen need to know what sells to successfully combine their unique vision with what the public wants.
It’s common for screenwriters to make very little at first or to sell their work contingent on it being successful. However, massive audiences can be attracted by outstanding screenplays.
Due to low startup and operating costs, screenwriters can enjoy enormous earnings. The highest earners in Hollywood may pull in $4 million annually.
10. Commercial 3D Modeling and Printing
Entrepreneurs with a history of creating genuine works of art (such as statues and carvings) may find success in the 3D printing industry.
The ability to take an idea and implement it through technical know-how and creative ability is arguably the most crucial aspect of 3D printing.
A 3D printing company generates revenue by producing and shipping 3D models of various shapes and objects to buyers. If consumers come to you saying they want unique shapes, you could earn money by customizing designs for them.
It’s hard to say how much money you could make. Whatever the case, your actual profit is no different from any other specialized store. It is only limited by your ability to identify the optimal mix of products, target audiences, and promotional efforts.
11. Start Fashion Labels
Those that start fashion labels do so because they want to express themselves creatively via apparel. To them, clothes are a medium through which individuals can express themselves.
Successful clothing lines involve mass-producing items like t-shirts, pants, and socks by the thousands. Only the most discerning fashionistas can afford the high prices charged by the exclusive stores in Hollywood and Paris.
To Wrap Up
Business is an amazing avenue to pursue personal passions if you are creative enough to think outside the box. With these business ideas, you are sure to find some success in the world of business.