Business Easel Microbiz 365 for Beginners — UK Practical Guide
Startup Cost: £50–£300 | Difficulty: Beginner | Time to Start: 7 Days | Business Type: Local
Real UK Business Example
Daler-Rowney Art materials supplier manufacturing easels, canvases, and paints from UK distribution hubs. Easel makers target art students and studio photographers.
If you're looking to start a business that's both creative and profitable, an easel business might be the perfect opportunity for you. With an initial investment of £500-£1,000, you can set up an online presence, source high-quality easels, and develop a marketing strategy to attract buyers.
What is Business Easel Microbiz 365?
An easel business is a simple yet lucrative venture that can appeal to a wide range of customers. With the right approach, you can tap into a growing market and start selling easels like a pro.Video Breakdown
Watch the full video on YouTube for the full walkthrough.Key Takeaways
- Initial investment: £500-£1,000
- Tools needed: website or online marketplace account, computer and internet connection, marketing materials, camera and editing software, printer and scanner
- Niche focus: floor-standing easels, tabletop easels, artist easels, or easels for events or exhibitions
- Marketing strategy: use keywords, reach out to art shops and galleries, offer commissions
UK Pricing Guide
| Offer | Typical UK price | Notes |
|---|---|---|
| Basic easel | £20-£50 | Perfect for art students and hobbyists |
| Mid-range easel | £50-£100 | Suitable for professional artists and photographers |
| High-end easel | £100-£200 | Designed for professional studios and exhibitions |
Startup Costs in the UK
| Item | Approx. cost (UK) | Notes |
|---|---|---|
| Website & hosting | £0 | Use free tools and our PDF |
| Branding basics | £0-£40 | Basic logo and branding materials |
| Tools/equipment | £50-£100 | Camera, editing software, printer, and scanner |
| Contract/template | £0-£50 | Basic contract template |
| Initial stock | £100-£500 | Initial stock of easels |
In practice, you can get to your first paying client for a total setup spend of roughly £100–£250, well under the £300 mark, then upgrade tools and protection as the business grows.
UK Suppliers and Where to Buy
You can source high-quality easels from suppliers like Daler-Rowney or online marketplaces like Amazon Business. Consider buying in bulk to reduce costs and increase profit margins.
Tools and Equipment
- Website or online marketplace account
- Computer and internet connection
- Marketing materials
- Camera and editing software
- Printer and scanner
How we'd approach this in the UK
When starting an easel business in the UK, we'd focus on building relationships with art shops and galleries to offer commissions. We'd also invest in marketing materials to reach a targeted audience and develop a pricing strategy that appeals to both hobbyists and professionals.
By following these steps and being mindful of your niche and target audience, you can set up a successful easel business in the UK with a low initial investment and potential high earnings.
How to Start
- Research and identify your niche: focus on a specific type of easel to appeal to a targeted audience.
- Set up an online presence: create a website or list your products on online marketplaces like eBay or Etsy.
- Source high-quality easels: consider buying in bulk from suppliers like Alibaba or using eBay as a platform to source products.
- Develop a marketing strategy: use keywords to attract the right buyers and reach out to art shops and galleries to offer commissions.
Earnings and Scaling
Potential earnings can range from £500-£1,500 per month, depending on the quantity of easels sold and the pricing strategy.
Pros, Cons and Risks
Pros
- Low startup costs
- Potential for high earnings
- Flexibility in pricing and marketing strategy
Cons
- Competition from established suppliers
- Potential for low-quality products
- Need for marketing skills and strategy
UK Rules and Registrations
- Register your business with HMRC
- Consider registering for VAT if your annual turnover exceeds £85,000
- Ensure you have the necessary licenses and permits to operate a business in the UK
- Comply with GDPR regulations if you collect and store customer data
FAQ
What is the initial investment for starting an easel business?
The initial investment for starting an easel business can range from £500-£1,000, depending on the quality and quantity of easels, website development, and marketing materials.
What tools are needed to start an easel business?
You'll need a website or online marketplace account, a computer and internet connection, marketing materials, a camera and editing software, and a printer and scanner to start an easel business.
What is the potential earnings for an easel business?
Potential earnings for an easel business can range from £500-£1,500 per month, depending on the quantity of easels sold and the pricing strategy.
Conclusion
Starting an easel business can be a lucrative and profitable venture, with potential earnings ranging from £500-£1,500 per month. With an initial investment of £500-£1,000, you can set up an online presence, source high-quality easels, and develop a marketing strategy to attract buyers. For more ideas like this, browse more ideas on MicroBiz365.
