I need your thoughts, advice and suggestions on starting a small business

That sounds like a great idea--in healthier financial times. Things are bad right now and the number of people that can afford a quality product like that are getting fewer every day. A doll house of that handmade quality should go for at least $200. I personally don't know anyone who would part with that kind of money right now, even for a child. Why not start small like birdhouses? You won't risk as much, will have a more affordable product and can test the market for such things. There are a lot of things you can make that people will buy as long as it's priced so that people on tight budgets can afford to splurge on them.

Sounds like a really good idea...plus fun. I think if there was any avice I could gice you it would be to keep it fun. If I were going to do it, I might offer then through a website. Let the people who order them personalize them. That would be neat.

You are looking for the reasonable selling price which is very difficult to say. You should start with the cost to make the item. How much are your materials? How much time and labor will be put into the houses? How intricate or detailed is the finished product? If you are truly building a high quality, luxury doll house, you have to base your price on the value of the end product. If you are throwing together a cheap do-it-yourself handyman special, again you would base the retail price on the item. People will pay for quality. I would not worry about the economy, because if you have an high-end product, people with money will seek you out. You are not limited to your on region. With the internet and good photos and description, you can sell you doll houses anywhere. Photo is a dollhouse that recently sold on the internet. Will you house compare in looks and/or quality. This house sold for $250. The more detail, the better the quality, the more you can expect to make. Good luck. I hope you keep me posted on your progress. I love doll houses. Even the kits are quite expensive.

Honestly your best bet to price it is to look online at similar offerings other people make. I would check to see what is on Ebay and www.etsy.com for starters. I'm a wood turner and just getting into the craft industry again. Probably only a step further along than you are. Hope that is helpful.

When my daughter is still on her much younger years, we would be buying doll houses for her barbie dolls. So I know that this kind of business will be a good one. As to the price, consider all the expenses including the labor and make a 100% mark up. Please also consider the paint that you would have to use because this thing will be played by children.

you can check a pretty doll house at here!