Resin businesses are becoming increasingly popular thanks to resin supplies becoming readily available and easy to purchase.
No matter what kind of resin products you plan on making, if you’re looking to make an income from it, it’s important to have the right plan in place to help your business grow.
Yes, selling resin can be a very profitable business, especially if you are very passionate about it and know what items are popular.
The resin market is growing quickly, meaning there are high margins for creativity and creating niche products.
The first thing you should do when starting a resin business is learn the basics. Since resin can be a harmful substance in its liquid form, it’s a good idea to go to classes or watch tutorials to make sure you are well informed about the material.
From here, you can start to gather your materials and start to experiment with what sort of product you would like to create. This may be a great time to launch your business online.
It can also be extremely beneficial to create yourself a business plan that includes financial projections and how much profit and loss you expect to see.
To start a resin art business, you will need to gather a few supplies, including:
– You will need the actual resin epoxy itself and a hardening topcoat.
– Resin can cause allergies if it has direct contact with your skin, which is why it is essential to have the correct PPE.
– A heat gun can be useful when it comes to working with resin and can help to make your products look as professional as possible.
– You will likely need additional supplies such as moulds and decorative accessories.
When you start a resin art business, there are some legalities that you need to take into consideration.
One of the most important things to consider is ensuring you have the right level of insurance in place. With CraftCover, you can have the peace of mind knowing our resin art insurance will fully protect your business.
Our insurance includes:
– This type of cover protects your business against any compensation costs that arise due to damage or injury occurring to a customer as a result of your business’s activities. This is extremely important when it comes to resin since undercuring can result in skin allergies.
With public liability insurance, you will be covered for injuries, death or disablement to the public and for loss or damage to third party property.
– This insurance will provide cover for the production, supply and sale of your handmade resin products.
If a customer experiences an issue as a direct result of your business practices, you could be held liable for paying the compensation if a claim is pursued. Our cover takes that worry away, meaning you won’t have to pay any extensive legal costs if an incident does occur.
To make sure you are selling your crafts legally, you should always register your business with HMRC. They are increasingly cracking down on ensuring all businesses are fully declared, which is why it is always best to register your business from the beginning.
No, generally speaking, you do not need a licence to make and sell resin art. However, you should always check with your local authority before you start your business just in case rules and regulations are different in your area.
Creating your resin art brand isn’t something that just happens overnight. You will likely want to change things about your brand and the direction you wish to head in, but there are a few good places to start.
Some things you should consider when creating your resin art brand, include:
– Since the resin market is becoming so popular, finding your place in it is very important. Ask yourself what products you want to sell and what values you wish to represent. For example, do you want to make jewellery? Or is home decor more relevant to you?
– One of the main parts of your brand you should consider is your brand name and logo. This should be reflective of your personality, the types of products you plan on making and what sort of market you would like to position yourself towards.
– Your brand may not do as well if you don’t have a marketing plan or business goals to support it. You should outline what goals you hope to achieve and when by, as well as establishing what your budgets are.
There are a few ways you can market your resin craft brand. Social media is a really effective tool, especially the likes of TikTok and Instagram. They can become invaluable when it comes to building a community and encouraging repeat customers.
You can use social media by hosting regular Q&A sessions, working with influencers and doing giveaways when you reach certain milestones, such as achieving X amount of followers.
You can also market your business through physical methods such as business cards, posters and flyers. Many cafes and bars are more than willing to showcase local businesses around their venues.
There are many different places you can sell your handmade resin art, most of which are incredibly easy to use. Some sites include:
However, you should be aware that some sites take a percentage of your sales or even charge a listing fee, which can be costly if you are just starting out.
If you wish to sell your products in person, you could attend local craft fairs and markets. There are a wide variety of different markets all across the UK so finding the right ones to attend shouldn’t be a problem. We can even help by including craft fair insurance in your annual policy, ensuring you are covered for every event you attend.
Using our fully automated service you could get your free no obligation quote today.
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