How To Make Money With Chocolate Molding-Tax ID number
If you think your chocolate molding will net you about $600 a year or more, you should get a federal tax ID number. Click here to find out how to do that.
How To Make Money With Chocolate Molding-Stock up on supplies
If you're going make money with chocolate molding, you need to have key supplies on hand besides the chocolate. Here's what I always keep on hand:
- Cello bags
- Lollipop sticks
- Curling ribbon
- Colored non-pareils
- Flavor oils
- Candy boxes of various sizes
- Standard occasion molds like birthdays, baby showers, and weddings
- Scale
How To Make Money With Chocolate Molding-Know the chocolate seasons
There are four main chocolate seasons every year: Halloween, Christmas, Valentine's Day, and Easter. Stock up on supplies and molds that go with each holiday. You may not always have an order for a 75th birthday party, but these holidays are guaranteed to come by every year.
How To Make Money With Chocolate Molding-Buy in bulk and on sale.
You want to keep your costs down as much as possible to maximize your profits. Try buying cello bags and lollipop sticks in large quantities like 500-1000. That can save up to $10 alone. Curling ribbon is usually sold in various colors in party supply stores on 500 yards spools. When these go on sale, snatch 'em up cause they can last a long time. And stock up on supplies during after holiday sales so you're set for next season.
How To Make Money With Chocolate Molding-Plan a services and price list
Get an idea how much it cost you to make each individual chocolate treat and how much profit you want to make. If you can triple your cost, that would be good. Then put together an official price list with your products, sizes/weights, and prices. For example: Happy Birthday lollipop 3oz : $2.00. Also make special price lists for holiday items.
On these price lists, let people know if you offer milk, dark, or white chocolate, flavors, and choice of color ribbon and non-pareils.
How To Make Money With Chocolate Molding- Advertise!
Get the word out that you are in the chocolate molding business. Have some business cards made and put up fliers around the neighborhood. Take advantage of the internet with Craigslist and social websites like Facebook and MySpace. I post pictures and prices of my chocolates on my Facebook page and it's gotten me business. Also, print stickers with your name and phone number and place them on each individually wrapped chocolate piece for a professional look.
Source:
Personal experience
Published by J Budd, RN - Featured Contributor in Health & Wellness
I am a registered nurse and former radio broadcast journalist in the NYC/NJ area for over a decade. Some of the stations I have worked with include Bloomberg News Radio, Sirius Satellite Radio, Fox News Rad... View profile
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7 Comments
Post a CommentThis is so creative (and mouth-watering...). Good job!
A chocolate biz can really make money for a WAHM.
I would eat my profits :) great ideas.
Do you use those 40% off coupons in the ads for places like Michaels and AC Moore? That would be a good way to pick some supplies up cheap. I'd imagine Easter and Christmas are busy holidays.
Ooh, great tips! Thanks for sharing :)
Bookmarked. I just came into a bunch of molds!
Good advice and a neat business idea. Can't go wrong with chocolate.