When purchasing supplies for your crafts business, you have two choices – immediately save money with less expensive tools or splurge on quality. For the tools that are most important for your line of crafting, it is suggested to purchase the best. In short, they will save you money because they will last longer. Other money-saving tips for crafts business supplies include:
Buy Wholesale and Bulk
If you anticipate needing a lot of one supply, look into purchasing wholesale or in bulk whenever possible. Shop around for suppliers who give discounts to crafters who buy in large quantities. For the most part, buyers usually take advantage of a certain percentage of savings that increases when their volume increases. Some suppliers also waive shipping fees for large orders.
Make Your Own
Some crafts businesses have learned that it pays to make their own supplies rather than invest in commercial options. For example, if you are in the handmade jewelry business, save money by making your own clasps, ear wires, head pins, and other findings. For beaders, instead of purchasing beads – consider making your own, which also adds to the uniqueness and originality of your craft business.
Do Not Waste
If you have to cut materials for your crafts, it is important to carefully measure after calculating appropriate amounts, lengths, and widths. Don’t work with your materials off of the top of your head. Make good use of a ruler or tape measure so that you don’t unnecessarily waste your supplies. Over the lifetime of your craft business, saving a little can go a long way in the future.
Visit Thrift Stores
Depending on the type of craft business you run, a thrift store is a goldmine for gathering materials and used goods that can save you money on supplies. This is also a perfect way for crafters who upcycle or recycle to find clothing, fabrics, and embellishments.
The Dollar Store
The Dollar Store allows you to save money on packaging and supplies for a crafts business. From a rainbow of ribbon colors and tissue paper to small boxes and bubble envelopes, the Dollar Store certainly helps small businesses cut costs. For some, materials and crafting supplies are also available for next-to-nothing prices.
What can you do with an extra square of fabric, piece of wire, or a few lone beads? Reusing scraps and repurposing extra materials can make products you may have not intended on. That’s extra money in your product if your impromptu craft catches someone’s eye. Save scraps for later use – you never know when something will come in handy.