How To Start A Herbal Soap Making Business In Nigeria
Do you have the drive to become an entrepreneur flowing in you? Do you have the required know how to become an entrepreneur? Do you have a knack for the beauty industry but you lack huge investible capital? Do not worry! There is good news for you here. You can start an herbal soap making business and make huge returns.
If you really play your cards right, you are more than likely to establish a successful business because herbal soaps are in huge demand all over the world.
The trend before now, in the beauty industry, is that soaps and other cosmetics are made majorly from chemicals and customers are always ready to make them their choice. However, these chemical products have proved to be hazardous to the health of humans.
With these rising health risks, consumers have shifted their preference towards products made from natural ingredients such as herbal soaps. This has made herbal soap a selling brand. So, you can lash on this shift in demand and start a herbal soap making business and make some good money for yourself.
It’s against this backdrop that I have put up this piece of writing to guide you with vital tips on how to go about making some good money from herbal soap making business.
If you still feel convinced that you have all it takes to take a pound of flesh from herbal soap making business and shed no blood, then read on attentively as I take you through. Happy reading!
Starting a Herbal Soap Making Business – Sure Selling Tips
Define your market
Defining your market is the first step towards starting herbal soap making business. You should be able to figure out those you wish to sell your products to.
Decide on whom your herbal soap product is meant for (adults or babies, or both); whether you will offer separate products for babies and adults if you are to provide for both; and whether you will be catering for a local or foreign market.
Aside from helping you figure out how large your market is, defining your market will also help you know how to fine-tune your products to the taste of potential consumers.
Your business plan will include an overview of your company, your products and services, your target market, your marketing strategy, your management plan, the required startup and operating costs, and other important details about your herbal soap making business.
The essence of a business plan in herbal soap making business or indeed any other business can never be overemphasized. It will not only serve as a step by step guide as you get your herbal soap making a business off the ground, it will also keep you on track as you try to grow your business.
Also, it’s all you need to secure some third-party funding from investors and lenders if you will ever need it.
Register your business
Registering your herbal soap making business name confers more credibility on your business and gives it official recognition by the government. Do visit the necessary offices to get your business registered. This differs among countries. For Nigeria, It’s the corporate affairs commission that is in charge of business registration.
Obtain the necessary permits and licenses
The herbal soap is one that involves human health. So, you need to visit the required agency to get the necessary permits to run herbal soap making business. In Nigeria, you should visit the national agency for food and drugs administration (NAFDAC) office to get your permit. Check out for the similar agency in your country, if you are not in Nigeria, and obtain your permit for this business.
Get a Space
You should go ahead to rent some space for your offices as well as for your employees. You will also need space to store certain equipment. In short, get some space for your business.
Advertise Your Herbal Soap Production Business
You need to advertise your herbal soap making business to attract clients. There are a couple of ways you can do this. Print business card and the brochure containing all your business details and hand them over to various outlets for potential customers such as the executives, managers, and owners of soap making companies. Also, leverage on the internet by taking advantage of various social media platforms.
You can create a “fan” page for your herbal soap making business on Facebook, and ask your friends to help spread the word for you. Placing targeted ads, email marketing campaign, as well as weekly health tips are sure ways to advertise this kind of business. Do well to take advantage of all these channels of marketing your business.