Real Candle Business Startup Costs, Profit Timelines, and COGS Explained
Description
#021 We answer real candle business questions from startup costs and profitability timelines to wicks, seasonal strategy, scaling beyond the kitchen, and cutting COGS, using hard numbers and simple steps. We share exactly what worked for us as we grew from $1.5k invested to $1.5M in sales.
• startup budget realities and lean inventory planning
• niching down, target customer clarity, and faster testing
• when to move from home to warehouse or retail
• retail vs wholesale vs private label trade-offs
• wick selection using supplier recommendations
• seasonal collections vs evergreen fragrance strategy
• lowering COGS with smart shipping and standard vessels
• sales channels that convert: email, wholesale, fundraisers
• why defining your why sustains momentum
Download our free supply list and tools, get info on our courses and Inner Circle, and submit your questions via the show notes
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