Exploring the Candle-Making Business: Seeking Guidance for Our New Venture
As my wife and I embark on an exciting journey to establish a candle-making business, we’re seeking insights and advice from fellow entrepreneurs and candle enthusiasts. Our journey began in the comfort of our home, creating candles for personal use, which quickly evolved into sharing our creations with friends. Fueled by passion and creativity, my wife is eager to take this project to the next level—transforming it into a full-time venture. However, I find myself with some reservations.
With her previous experience running a laundromat, my wife certainly has the entrepreneurial spirit, but I’m a bit hesitant. My concerns revolve around the market size and competitiveness in the candle industry. Is it truly a viable market, or are we stepping into a saturated field?
I am fully committed to supporting her dream, but I want to be informed about the risks and challenges we might face along the way. How vast is the market for candles, and what factors should we consider as we contemplate this transition?
If you’re a seasoned candle maker or have experience in starting a small business, your insights would be invaluable. We appreciate any guidance you might have on understanding market dynamics, competition, and potential pitfalls in this delightful industry. Thank you in advance for your support!