The profit potential of the gift basket business is kind of blurry to some before they get started and they could be forgiven for wondering if a full-time income is possible. In this article we look at the profit potential of the gift basket business, how much earning and profit are possible, and lastly we look at the factors that separate the ‘six figure’ operators from the small timers.
Typical Gift Basket Business Earnings
For gift basket business owners operating out of their homes it is not unreasonable to expect to turnover between $15,000 to $25,000 in the first year of business if they work hard allowing for a profit of around $6,000 to $10,000. Once a business in this industry gets better established owners can expect a typical annual salary of around $20,000 to $25,000 part time or $30,000 to $80,000 full-time.
To break into the ‘six figure’ level … Read More