Start a Candle Holder Making Business
If you thought candles were headed towards extinction after the invention of the bulb, you were dead wrong! In fact, despite the availability of generators to bypass the dilemma of black outs, candles are still pretty much in vogue! Candles make an admirable fashion statement with regard to the décor of elegant homes. Such has been the popularity and demand of stylish candles that it has sparked a raging demand for fancy and exotic candle holders. The market, today, is flooded with thousands and thousands of exquisitely designed candle holders! However, if your budget is tight and you have a passion for craft, you could get busy crafting your very own homemade candle holder! Dig out the surplus paraphernalia around your home and get creative! Not only will you be saving money, but you can flaunt a unique and beautiful piece of art to all the visitors stepping in and out of your dwelling.Candles bring a warm and welcoming atmosphere to any room, and also act as air fresheners. They help to draw attention to any focal point in a room, while helping to relieve stress.Many of those customers are looking for creative and unusual candle holders. Selling candle holders can be a good business if you know where to start and how to market your product.
INVESTMENT REQUIREMENTS
Cost of Materials*
Materials Cost
A. For the candle holder 1 terra cotta pot (3 inches deep and 9 inches wide). Php 30.50
• 1 wood/bamboo cut in 3 inches with a diameter of 2 inches. This will serve
as the handle of the candle. 1.50
• 1 candle as big as the wooden handle. 30.00
B. For the trimmings
• 2 pieces of 31 inches braided buri strip
13.00
• 5 gold-painted pine cones with stems made of wire
38.00
• 8 strips of 6 inches paper twine 1.75
• 6 pieces of 3.5 inches christmas garland
2.50
• Gold dust 10.00
• 3 big and 6 small pieces of styrofoam wrapped in brown
crepe paper 14.50
• Glue stick 6.00
• White glue .25
Subtotal Php 148.00
Equipment Cost
• Glue gun Php 180.00
• Gold paint 8.75
• Paint brush 69.00
• Scissors 35.00
Total Cost Php 290.75
* Based on current market prices
PROCEDURES
A. Candle holder making
1. Paint the sides and edges of the terra cotta pot. Use dry-brushing method.
2. Using glue gun and glue sticks, attach the wooden handle at the center of the terra cotta. Let dry.
3. Upon drying, put candle in the holder and set aside.
4. Attach two small styrofoarm wrapped in brown crepe paper.
5. Make two more pairs of styrofoam and let dry.
6. Attach styrofoam inside the terra cotta and glue around the wooden handle.
7. Attach three big pieces of styrofoam on top of the small ones. This will serve as the base of the trimming that would be attached to the candle holder. Set aside.
B. Braided buri ribbon making
1. Form one piece braided buri strip into a bow.
2. Tie the center of the bow with wire using the pliers.
3. Cut two ends of the bow in “V” shape.
4. Repeat procedures 1-3 to make one more braided buri ribbon.
C. Candle holder trimming
1. Put pieces of styrofoam around the wood/bamboo to serve as the base.
2. Attach paper twine petal and apply glue on the stem and attach on styrofoam base.
3. Put glue and attach gold-painted pine cones around the candle.
4. Attach braided buri ribbon on the sides of the paper twine petal.
5. Attach the Christmas garland in different parts around the candle.
6. Attach the four screw pines. Glue it on the center of the two ribbons and at the center of the paper twines.
7. Arrange/align trimmings properly.
COSTING AND PRICING
A. Product Costing
1. Direct Cost Materials: Php 148.00
2. Indirect Cost
Particulars Cost
Labor Cost (P350/day min. wage) Php 19.44
Transportation Cost (P50.00) 2.77
Water and Electricity (P40.00) 2.22 Contingency Cost (10% of Direct 14.80 cost)
Total Indirect Cost per piece Php 39.23 *Based on 18 pieces average daily produce.
3. Production Cost
Particulars Cost
Total Direct Cost Php 148.00
Add: Total Indirect Cost 39.23
Total Cost per Production in
One Day
Php 187.23
B. Product Pricing
Production cost per piece Php 187.23
Add: 20% – 30% mark-up of the 37.45 production cost
Selling Price per piece Php 224.68 Market price per piece Php 250.00
The higher the volume of production per day, the lower the production cost, thus increasing the
markup to more than 30%. If price per piece is lower compared with the existing market price, increase mark-up to 30% or more.
