Laser engraving is a hobby and passion turned business idea that involves the creation of words and images by removing material and leaving a permanent etch behind.
Although there are initial costs that will require you to have a start-up budget, the investment and your profits will soon pay it off. Don’t have a machine yet? Buy from Needham.
So, what materials are used in the application of laser engraving?
Granite, slate, leather, tile, plastic, ceramic, fabric, paper, stone, glass, acrylic, rubber and wood, to name a few. You’ll want to invest in a laser engraving machine that is versatile and able to apply etchings on as many of these materials as it can.
Why should you set up a laser engraving business?
- Profitable: laser engraving can be a hugely profitable business. On average, an engraved item costs almost double what its raw materials cost to make it. This is a high-profit margin. The products you can make with a laser engraving machine are in high demand.
- Creative Freedom: laser engraving is one of the few occupations that allows complete creative freedom. You can have the flexibility of choosing what you create and how you create it. Anything you can think of and design through your computer can be etched by a laser engraving machine.
- Flexibility: this type of business gives you flexibility in life. You can choose whether to run it as a part-time venture or have it as your full-time job. If you save money now, you can begin to invest in a laser engraving business and eventually quit your current job to run it full time.
- Low Running Costs: while you do have to put down a reasonable amount of money initially so that you can invest in all the equipment that’s required, the actual running of the business isn’t going to set you back too much. It doesn’t have high running costs like other businesses, and your laser engraving machine will last for a long time if you look after it and it’s high-quality.
There are currently a high number of people that own laser engraving machines for crafts and home hobbies. Not many of these people know that they can make a tidy profit out of owning one if they turn it into a business. This is because these people restrict themselves when it comes to what they think they can make.
Expand your horizons by learning all you can about laser engraving and watch your successful laser engraving business flourish.