Ready to start or your engraving business? Here's a few tips from Gravograph (Gravotech Group)
Look around. There isn't a retailer, institution, company, club or organization that doesn't use engraved signs, badges, nameplates, trophies, jewelry, personal or corporate gifts. And they would use more if they knew where to get them. The market is vast!
Some businesses require $25,000 to $100,000 to start. Others that require a very small investment are usually those which want you to peddle products of questionable value door to door. But engraving is unique. It is the professional business that you can enter for under $10,000.
Most engravers start working right out of their own home. Until the business grows very large there is no need for outside offices or overhead.
An inexperienced person who has never before attempted engraving will be properly and professionally engraving a variety of signs and items in as little as one day.
Engraving personalizes, identifies, informs and directs. Engraving applications are wide-ranging and offer many opportunities to generate sales and profits.
By selling just the high demand materials offered in the starter package, you can plan on getting your entire initial investment back. In other words, you've paid for your engraving machine. Your initial commitment involves the lowest risk possible.
All you have to do is make people aware of your engraving service. It's not so much selling as it is informing.
Many enter the engraving business on a part-time basis. You don't have to quit your job to start your engraving business. With engraving you can produce and sell items on a part-time basis first and build a full time business quickly.
The business is everywhere and engraving adds value up to 300% or more on thousands of engravable items. There is no limit to what an engraver can earn.
Because engraved items are personal, the engraving business is a local business the province of small, successful business people. There is little or no competition from large corporations and therefore the odds for success are high.
An engraver commands an enviable reputation for being "a professional" and "an artist." They are proud and take enormous satisfaction in presenting the personalized service that they can provide. Your beautiful high quality work produces a feeling of both pride and creative satisfaction.