Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
Thousands of different products require amold in order to be manufactured. Canoes are made from a mold, lawnornaments are made from a mold, many car body parts are made from amold, and these are just a few examples. Initiating a business thatspecializes in making manufacturing molds for clients is not a hardbusiness to establish.
However, there is definitely one mainrequirement: you or an employee must be able to design and buildnumerous styles of molds. Typically, molds used in manufacturing areconstructed from fiberglass, so a well-vented workshop will also be arequirement for this business. Gaining clients can be as easy aspurchasing a manufacturers directory and soliciting the manufacturersfor mold making contracts, as molds do not last forever and have apredetermined lifespan based on the number of times they are used. Theprofit potential in mold making is very good, as a single mold can sellfor as much as $10,000 for a small product and over $100,000 for alarge product, such as a sailboat.