The opening of home productions is gaining more and more popularity. A small workshop is a good home business for novice entrepreneurs, because usually to open their own production requires expensive equipment and large areas for machine tools. Mini-production at home usually involves a minimum set of equipment of small productivity and, of course, free space to accommodate the workshop.

Why it is profitable to open production as a business at home

You save on rent. You can work in a home workshop or in a garage, and invest the saved money in other needs - for example, in the purchase of materials or advertising.
Possibility to postpone registration. Such production at first may not be formalized officially. This is only a temporary measure that will allow you to try your hand at business and get back on your feet. An entrepreneur can first establish a production process, improve his skills, find the first customers, and only then register his activities.
Mini-production does not require serious investments. For a novice entrepreneur, this is a significant advantage.
Invested funds quickly pay off. You can make a profit after the first batch of goods sold.
Small-scale production opens up great prospects. On the basis of a home workshop, you can open a full-fledged production, if you constantly develop and improve your business.

But it is also worth considering the disadvantages of the home workshop. Not every product can be made at home. For example, there may be problems with the production of products. Another difficulty is the limited number of customers. Large organizations are unlikely to cooperate with entrepreneurs who conduct their business without an office and serious stable production. To sell his products, the entrepreneur needs to look for buyers. And it is desirable to evaluate the distribution channels before the start of production.

Thus, the organization of production at home reduces risks and makes it easier for beginners to start in entrepreneurship. The main thing here is to immediately determine for yourself a suitable and effective production option.

How to Choose an Idea for Home Production
 

To do this, you need to answer a few questions:

What is in demand among consumers today?
What is the level of competition in this market?
What is the amount of initial investment?
How much can you really earn on this?
Do you have the knowledge and skills to help you get the job done?
Does this idea have any prospects for development?
 

By answering these questions, you can evaluate any business idea in terms of entrepreneurial opportunities, profitability, and prospects. At the start, it is important to decide: you will sell what you have produced, or produce what will be sold. Very often, novice entrepreneurs make a mistake. First, they open production, and only then they are faced with the problem of how to sell it.

Stages of opening production in the form of a business at home
 

Regardless of the idea you choose, you will need a step-by-step plan for opening a home production:

Evaluate the business idea. This includes the analysis of competitors, the sales market, the definition of the target audience, the study of offers on the market - in general, all that we talked about above.
Find quality suppliers of raw materials. The quality of products directly depends on the quality of raw materials. Therefore, it is important to decide on suppliers at the start. You may have to work with multiple suppliers to evaluate their raw materials. This may take some time – so the format of the home shop is suitable for these experiments as well as possible.
Make a business plan or financial calculation of production. You can write it yourself or order it from a specialist. The business plan should reflect all the issues and stages of commencement. The main section is the calculation of expenses and income. A qualitatively drawn up business plan will help to avoid mistakes at the start, assess the amount of work, determine the financial prospects and effectiveness of investments. In principle, for home production, it will be enough for you to make financial calculations.
Purchase the necessary equipment. To save money, you can do with used equipment. The main thing is to carefully check its working condition.
Conduct a test production. Be sure to produce a test batch to assess the quality of products and production conditions.
Start looking for customers. Depending on the products, sales channels may be different: wholesale depots, stores, private owners, legal entities. You can sell products for resale or sell it yourself via the Internet. It is good if you have acquaintances in the field where you plan to work. Then the sale of products can be agreed in advance.
Register a business. Registration of proceedings is a serious matter. Be prepared for checks. Everyone will be checked - from the quality of raw materials to the fire safety of the premises.
Find staff. In most cases, the entrepreneur can conduct mini-production himself - especially at the start. Hiring additional staff makes sense when the business brings income, and you can no longer cope with production volumes.
Run a product advertisement. Each product is promoted in its own way, depending on the target audience and the method of sale (small and large wholesale, retail from their outlets, sale via the Internet, goods for sale, etc.).
Improve production. After all the business is launched, you will have to regularly monitor all processes: establish production, work on product quality, attract new customers, develop the business as a whole.
Define your business development strategy. A few months after the start, you should think about the business development strategy. Do you plan to expand production? Update equipment, look for new distribution channels, produce additional products, etc. If there is such a thing in the plans, write down all the stages and determine the resources necessary for this.
Be prepared for the fact that in practice everything will turn out to be completely different than in step-by-step instructions, business plans and your expectations. In any production, there are pitfalls and nuances that are difficult to predict in advance. Most problems will have to be solved as they arise.

1. Production of ceramics

Investment: $5,000

Clay products are always relevant. Ceramic vases, pots, dishes, souvenirs - everything can be created with your own hands. To do such a thing, you need to have special skills. You can master them in a few months - now a huge number of training courses, craft master classes are held.

Pottery is a promising business at home with minimal investment. To start work on the production of ceramics, you only need clay, your own hands and a kiln for firing finished products. The cost of a furnace for firing ceramics is approximately 4-5 thousand dollars. But you can make it yourself, significantly saving.

But even if you buy ready-made equipment and invest 30 thousand dollars , the matter will still be profitable. Handmade ceramic tableware is now very popular. You can sell finished products at retail or fulfill large orders for corporate clients. For example, restaurants often order dishes created specifically for their establishment.

If you have quality products and your own corporate identity, you can succeed in pottery. A good master can earn about 50 thousand dollars a month on this.

2. Production of decorative candles
 

Investments: $1,000 

One of the common types of business at home is the production of decorative candles. This business does not require specific knowledge, large investments. To open their own mini-production is within the power of everyone who has creative skills and a desire to earn. You can start with a budget of 1 thousand dollars. And the manufacturing technology and materials used in candle making are available to everyone.

Starting a business is very simple. It is much more difficult to make it profitable. There is very high competition in the market of handmade decorative candles. You can even say that people do not need as many candles as they are produced by handmade masters. Still, decorative candles are a rather specific product. And to succeed, you will have to think carefully about the range. You should offer something special, unusual - then your product will be paid attention to. Making candles is difficult to make a full-fledged business, it is rather a part-time format, on which you can earn about 4 thousand dollars.

3. Production of window blinds
 

Investments: $100,000

Many stores and the market sell cheap Chinese window blinds. Recently, such products have become popular, the demand for blinds has grown. Along with this, the requirements of customers for the quality and design of products have also grown. Therefore, you can open your own production of window blinds. Develop an unusual design or bet on high-quality materials, work to order.

For production, you will need one machine that can be placed in the garage. Its cost is about 100 thousand dollars. A business can bring a good income if you properly organize a business and establish distribution channels. Add to this the service for the delivery and installation of blinds - and the profit will increase significantly. It will be possible to recoup the initial investment in a few months.

4. Production of bisiboards
 

Investments: $5,000

This is an ideal format of home business: simple technology, a minimum of investments and equipment, cheap materials and high demand for goods. We are talking about biziboards - development stands for children aged 1 to 4 years, on which various objects are fixed with which the child can interact (twist, knock, open, tie / untie, turn on / off, and so on). A few years ago, biziboards made a splash in the market of children's goods and are still in demand among young parents.

Anyone can create such educational boards. You just need a little skill and imagination. Biziboards are made from ordinary items that can be bought in any store. The main thing is to monitor the quality of materials and come up with an original format of biziboards. When choosing toys for children, parents pay attention to two parameters:

Safety and quality of toys
The use and developmental function of the toy.
 

It is very important to think through all the details – from the packaging to the quality of each part. The price of biziboards varies from 2 to 10 thousand rubles, depending on the size and content. It is most convenient to sell biziboards via the Internet. Although you can try to take some of the products to the children's goods store.

5. Production of furniture to order
 

Investments: $30,000

Furniture production is a profitable business, relevant at all times. Especially now - when the demand is for interior items made to order.

Despite the high competition, each master can find his client. In stores, typical furniture is usually presented, so many prefer to contact furniture makers who work with individual orders. For entrepreneurs, this is also a profitable scheme, because the problem with the sale of products is being solved. Work under the order is usually performed with an advance payment - these funds go to the purchase of materials. That is, you do not raise your funds and save on initial investments.

To start, you will have to purchase the necessary equipment and spend on advertising to find the first customers. You can make several pieces of furniture for your portfolio – and sell them first. In addition, you can sell finished products to furniture stores. But the main thing that you will need in this work is your skills and abilities. In the future, the business can be expanded to furniture production. By the way, it is not necessary to produce furniture exclusively from wood, it may be worth choosing a specialization in the production of cardboard furniture for children or opening a furniture workshop with upholstery with a carriage screed.