Starting a business involves planning, making key financial decisions, and completing a series of legal activities. When people look into how to start a candle making business, this is inevitably the part that causes the most concern. What was a hobby is now a job, and if you’re making money from it, there are some legalities that need to be observed.
Determining a price for your candles can be very overwhelming when starting a candle company. If you price your products to high they may not sell, price them to low and you could end up losing money. Accurately pricing your products will take time and experience. As with any business you will make mistakes and learn how to grow from them. However, before you can figure out prices you must first figure out your actual costs for making candle
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