Hi, we’re Katie and Eric Roering; the founders of Fontana Candle Co. In 4 years we took our hobby of making candles in our basement, and selling them at craft shows and makers markets and we turned Fontana into a nationally recognized eCommerce brand. This year we are doing 7 figures of revenue and have 10 employees. So how did we do it?
Welcome to The Candle Couple Podcast, where we will share the nitty gritty of scaling our e-commerce brand quickly. We are spilling the tea, so hopefully we can help you scale your brand quickly too.
Today we are sharing how much it cost us to start our candle business in 2018!
Welcome to Episode 10: How Much Does it Cost to Start a Candle Business?
Timestamps:
1:15 Choosing ingredients & supplies: testing, testing, testing $3,300
3:43 Branding Costs: logo, label design $2,000
5:29 Equipment Costs: presto pots, pour pitches, scales, heatguns $1,800
6:40 Save big on shipping with local suppliers
8:00 First year COGS: $12,000
8:34 Craft shows and Makers Markets $60-$150 a show
10:15 Website expenses: domain, hosting $400-$900
11:00 Business protection: LLC filing $1,500
11:38 Insurance $600 - $1,500
12:20 Trademarks $500- $1,200
13:50 Photography & Videography $250- $2,000
16:00 Shipping supplies & expenses
17:00 Using credit card rewards points for cash
18:10 Marketing costs
18:35 Don't over-market beyond what you can make and fulfill
19:58 Software: Quickbooks
20:18 Tax Accounting
20:52 Total Spend to start our business
Resources:
Shopify: https://shopify.pxf.io/x9V6Wx
ShipStation: https://mbsy.co/6rH6Dq
The Software We Use in Our 7 Figure Candle Business: https://youtu.be/U1YjZazTJKo
The Marketing Strategies We used to Grow Our Candle Business: https://youtu.be/3EnLQY95PnM
Using Video to Market Your Candle Business: https://youtu.be/47koqe99edQ
Branding & Marketing a 6 Figure Candle Business: https://youtu.be/ZIBVWappTak
Disclaimer:
Everything shared in our videos is from our own personal experience, and is intended for educational and informational purposes only. Always seek legal guidance from a business attorney and certified public accountant. Everyone is responsible for their own business structure and business practices, and we will not be held accountable.
Since we love the companies we talk about so much, we may have an affiliate relationship with them. If you make a purchase through the above links, we may earn a small affiliate commission. There is no additional cost to you.