10+ Best & Profitable Engraving Business Ideas [2023]

Looking to start an engraving business in 2023? Discover the best and most profitable engraving business ideas around. Get inspired by our top 10 suggestions today!
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

Image of engraving business ideas
This page may feature products from our affiliate partners, which could influence the products we discuss due to potential compensation. Despite this, our evaluations are impartial, based solely on our independent analysis. The content here is intended for informational purposes and should not be seen as legal advice. For professional guidance, consulting with a legal expert is recommended.
What are you waiting for?
Quit that job & start your business with ZenBusiness today.

Hey there, future entrepreneurs! Have you ever thought about turning your artistic flair into a profitable business venture? Well, 2023 could be your year! The world of engraving is rich with opportunities, just waiting for someone with your talent and drive to seize them. Whether you're a seasoned engraver or a newbie looking to dive into this creative field, we've got some exciting news for you!

Engraving is an ancient art form that's been given a modern twist with the advent of laser technology. It's not just about creating beautiful designs anymore – it's about personalizing, customizing, and making each piece unique. And guess what? People are willing to pay good money for that!

So, are you ready to embark on this entrepreneurial journey? Then buckle up, because we've got a list of 10+ best and profitable engraving business ideas for 2023 that could be your ticket to financial independence. Let's turn your passion into a paycheck, shall we?

Personalized Jewelry Engravings

Personalized jewelry engravings make a great business idea as they allow customers to make unique pieces of jewelry for themselves, friends and family. There are many ways to customize jewelry, from the gemstones used, to the engraving design and font. Here are some key advantages to offering personalized jewelry engravings:

- Customers can customize their own unique piece of jewelry - It allows for a high degree of personalization - It creates a sense of connection between the customer and the piece of jewelry - Customers have the opportunity to give something meaningful as a gift - There is potential for repeat customers looking for new designs

image of a Personalized Jewelry Engravings

Pet Id Tags

A Pet ID tag is a small object that contains identification information for a pet such as its name, address and contact numbers. It is a good business idea because:

  • It is an inexpensive product that can be mass produced
  • It offers customers convenience and peace of mind knowing that their pet is traceable if lost
  • It allows customers to express their own individual style through custom engravings
  • It can be marketed to pet owners through online and offline advertising channels
Featured Business Formation Partners
image of ZenBusiness logo
ZenBusiness
Turn your business vision into reality with ZenBusiness's streamlined LLC formation and expert support services.
Newfoundrz Rating ★★★★★
image of Northwest Registered Agent logo
Northwest Registered Agent
Secure your business's future with Northwest Registered Agent's personalized LLC formation and privacy-focused expertise.
Newfoundrz Rating ★★★★★
image of Bizee logo
Bizee
Kickstart your business effortlessly with Bizee's comprehensive LLC services and free first-year registered agent support.
Newfoundrz Rating ★★★★★

Examples of successful businesses:

Engraving is a form of decoration or honors that involves cutting or etching designs into a material's surface. The engraving industry has provided numerous success stories, with many companies meeting high levels of profitability and customer satisfaction. Here is a list of some example successful companies in the engraving business industry:

  • All Metal Art Inc.
  • American Laser Engravers
  • ABC Trophies & Engraving
  • A2Z Laser Engraving Inc.
  • Envision Engraving & Awards
  • James Awards & Engraving

Gifts And Awards

Gifts and awards can be an ideal business idea for those looking to demonstrate appreciation, recognize achievement, or express gratitude. It makes a great way to recognize business partners, customers, employees, and friends. It also gives companies an opportunity to demonstrate they are committed to rewarding hard work and effort. Here are some advantages of having a gifts and awards business:

  • Recognize Employees – Employees are the backbone of any great company. With gifts and awards, companies can reward important milestones and recognize their hard work.
  • Boost Morale – Acknowledging successes can help build team spirit and morale that can have a positive impact on the company’s bottom line.
  • Show Appreciation – Demonstrate appreciation for customers, partners, vendors, or even friends with personalized gifts and awards.
  • Build Brand Awareness– Building relationships is key as it helps build brand awareness. A thoughtful gift or award can make a lasting impression on someone.

Glass Engraving

Glass engraving is a type of decorative art that etches images and designs into glass. It is a popular form of art that can be used for personalizing glass items like bottles, glasses, plates and more. It makes an appealing decoration to any item and is popular both as a gift and as a home decoration. There are many reasons why glass engraving could make a good business idea:

  • It is creative and enjoyable to do
  • It provides access to customers with diverse preferences
  • It can be personalized quickly and easily
  • It has low startup costs compared to other businesses
  • Personalized glass items are often seen as special gifts
  • There is room for expansion with different techniques

Signage Engraving

Signage engraving is a process where designs are carved into signs, plaques, and other items. This technique can be used to create beautiful designs for businesses, homes, or gifts. It can also be used for identifying purposes in corporate settings. Signage engraving is a great business idea because:

  • It provides a great opportunity to customize signage for clients
  • The process does not require a large amount of materials
  • The products produced can last for many years
  • It offers customers the option to purchase customized gifts or promotional products
  • The business has the potential to expand its services beyond engraving

Customized Trophies

Customized trophies are an excellent way to reward and recognize outstanding achievement. They make an ideal business idea because they are a unique, personal gift that can be tailored to the individual or group receiving it. There are several advantages of customizing trophies for awards and recognition, including:

  • Creating a personalized and meaningful award
  • Catering to customers' specific needs and wants
  • Generating repeat business from satisfied customers
  • Developing a sense of loyalty and trust among customers
  • Establishing a brand identity in the market

Memorial Plaques

A memorial plaque is a commemorative plaque typically made of metal or stone, used to remember individual people, events, or organizations. Memorial plaques often contain words of remembrance, but they can also come in the form of symbols such as engravings or photographs.

  • It provides a personalised and meaningful way to commemorate special people, places and events
  • Personalised memorial plaques can be used as gifts for weddings, anniversaries and special occasions
  • The market for memorial plaques is broad with potential customers ranging from individuals to companies
  • A business in creating memorial plaques can have high margins depending on the design
  • It's relatively inexpensive to create a business offering these services as there are low overheads

Family Crests And Surnames

A family crest and surname is an emblem or coat of arms that has been handed down for generations. It may symbolize a family's beliefs, values, strengths, or ancestry. It is a unique symbol of identity that is often used to show loyalty to a particular family or clan. A family crest and surname can make a great business idea because it can be used for:

  • Creating company logos
  • Designing custom products like t-shirts, mugs, etc.
  • Creating personalized gifts
  • Developing unique branding for businesses
  • Creating webpages dedicated to particular families and their histories

Industrial Label Marking

Industrial label marking is a process that uses industrial marking tools such as lasers, stamps, and printers to mark labels on product packages and materials. This is an important part of manufacturing processes in order to ensure that the product is properly identified, tracked, and meets any industry standards. Industrial label marking can be a good business idea as it provides a necessary service to many manufacturers.

  • Industrial label marking can be used for many different products, from electrical wiring to food labels.
  • It allows for quick identification of products in a warehouse or production floor.
  • It also helps to comply with industry regulations and standards.
  • Industrial label marking can provide long-term revenue for businesses.

Commemorative Coins

Commemorative coins are special limited-edition coins that commemorate an event, person, or milestone. They have been popular for centuries and are a great way to celebrate a special occasion. A business that sells commemorative coins would offer customers an opportunity to purchase pieces of history, uniquely designed and made from high quality materials. It could be a great way to make money.

  • High quality design and materials
  • Unique products
  • Can commemorate special occasions
  • Historical significance

Newfoundr

Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.