Start a Starch Production Business (Spray Starch and Cold Water Starch)

Laundries, Laundromats, textiles companies and printing presses are places where starch is used on commercial quantities. Starch is also used in our homes when ironing our clothes and as a matter of fact, in some parts of the world-m precisely Africa, starch is being consumed as food. There is indeed a very large market for starch.

Thus, if you are looking towards starting a small cottage business, a business that can safely categorized under the chemical industry, then you should consider starting a starch production business. All you need to do is to define your target market and produce starch products that are in high demand within your target market.

Opportunities In chemical business:

The opportunities available for cosmetics and beauty care products manufacturing companies with a wide range of products are enormous. This is due to the fact that almost all Americans and people from all over the world make use of cosmetics and beauty care products regularly.

As a result of that, we were able to conduct a thorough market survey and feasibility studies so as to come up with good products and position our business to take advantage of the existing market for cosmetics and beauty care products and also to create our own new market. We know that it is going to require hard work, but we are determined to achieve it.

Start the Production of Aftershave (Cologne)

Aftershave is yet another small scale business that an entrepreneur who is considering starting a business in the chemical industry can successfully start. There is a large market for colognes and if your product is well packaged and has various fragrances, then you are likely not going to struggle much before breaking into the market.

Aside from supplying your aftershaves to retailers, you can also market your aftershaves in barbing saloons in and around your business location. This type of business is a lucrative one; as such you have to have adequate plans in place to raise the required capital needed to make head way.

Start a Toothpaste and Mouthwash Production Company

Toothpaste and mouthwash are essential commodities that are used in every household and on a daily basis; in essence there is a pretty large market for toothpaste and mouthwash. It is safe to classify this type of business under the chemical industry because a larger percentage of the raw materials that are used in the production of toothpaste and mouthwash.
So if you are looking for a business to start in the chemical industry, a business whose products are highly sellable, then one of your options is to go into the production of toothpaste and mouthwash. It is important to state that proper branding and packaging will go a long way to ensure that you attract customers for your products.

Go into the Production of Embalmment Chemicals
Another thriving and profitable business in the chemical industry that an entrepreneur should consider staring is to go into the production of embalmment chemical. Mortuaries all over the world rely on embalmment chemicals for preserving dead bodies hence there is a market for embalmment chemicals because it is inevitable for people to die. So, if you are looking for a business to start in the chemical industry, then one of your options is to go into the production of embalmment chemicals and perhaps other similar products.

Open a Paint Retailing Depot

Another chemical related retailing business howbeit, a little bit technical that an entrepreneur can start and make huge money from is retailing of paints. There is a large market for paints, just ensure that you locate your depot in a location that can easily be accessed by people. Just ensure that you have a wide range of paints and in all available colors so as to give your customers options whenever they visit your shop to make purchase.

Go into the Sale of Agriculture Related Chemicals
Agriculture related chemicals are chemicals such as pesticides, herbicides and other fumigation chemicals such as weed killer etc. So if you are looking towards starting a simple business, a business that falls under the chemical industry, a business that is thriving and profitable, then one of your options is to go into the sale of agriculture related chemicals. There is a large market for such products especially if you located you store close to an agriculture settlement area.

Starting this type of business isn’t a toy play. This is because of the huge expertise that is required in order to ensure the smooth sail of things, as well as the day to day running of the business. This goes to show that you have to get all trainings right before venturing into it.

Chemicals both organic and inorganic are major raw materials in many manufacturing companies; there are loads of products and manufacturing plants that depend on different type of chemicals ranging from gas supply, to oil and soda et al. The petrochemical, the pharmaceutical and the food processing industries can safely be classified under the chemical industry.

No doubt the chemical industry is a key player in the growth of the economies of most countries of the world.

From now on this thread, we will be embarking on a voyage to discuss entrepreneurship in Nigeria and what it means to be an entrepreneur, what are the qualities of an entrepreneur, what are the ways to succeed as an entrepreneur? Starting a Chemical based business requires you know and apply certain fundamentals to enable you succeed.

21 Success Tips for Young and Aspiring Entrepreneurs

Being successful often means learning from those who have already achieved their goals. Having a mentor is an amazing blessing to an entrepreneur, but not everyone can find one in person.

If you haven’t yet found your personal business guru, here are 21 tips for young or aspiring entrepreneur to help get you started.


To be continued.....

1. Challenge yourself

One of the wealthiest businessman, Richard Branson says his biggest motivation is to keep challenging himself. He treats life like one long university education, where he can learn more every day. You can too!

2. Do work you care about.

There’s no doubt that running a business take a lot of time. Steve Jobs noted that the only way to be satisfied in your life is to do work that you truly believe in.

3. Take the risk.

We never know the outcome of our efforts unless we actually do it. Jeff Bezos said it helped to know that he wouldn’t regret failure, but he would regret not trying.

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4. Believe in yourself.

As Henry Ford famously said, “Whether you think you can, or think you can’t, you’re right.” Believe that you can succeed, and you’ll find ways through different obstacles. If you don’t, you’ll just find excuses

5. Have a vision

You need to understand that entrepreneur is someone who has a vision for something and a desire to create it. Keep your vision clear at all times.

6. Find good people.

Who you’re with is who you become. Reid Hoffman, co-founder of LinkedIn, noted that the fastest way to change yourself is to hang out with people who are already the way you want to be.

7. Face your fears.

Overcoming fear isn’t easy, but it must be done. A wise one once said that she found fearlessness was like a muscle -- the more she exercised it, the stronger it became.

8. Take action.

The world is full of great ideas, but success only comes through action. There is a saying that the easiest way to get started is to quit talking and start doing. That’s true for your success as well.

9. Do the time.

No one succeeds immediately, and everyone was once a beginner. As Steve Jobs wisely noted, “if you look closely, most overnight successes took a long time.” Don’t be afraid to invest time in your company.

10. Manage energy, not time.

Your energy limits what you can do with your time, so manage it wisely.

11. Build a great team.

No one succeeds in business alone, and those who try will lose to a great team every time. Build your own great team to bolster your success.

12. Hire character.

As you build your team, hire for character and values. You can always train someone on skills, but you can’t make someone’s values fit your company after the fact.

13. Plan for raising capital

Richard Harroch, a venture capitalist, has this advice for upcoming entrepreneurs: “It’s almost always harder to raise capital than you thought it would be, and it always takes longer. So plan for that.”

14. Know your goals.

Having the end in mind every day ensures you’re working toward it. Set goals and remind yourself of them each day.

15. Learn from mistakes.

Many entrepreneurs point to mistakes as being their best teacher. When you learn from your mistakes, you move closer to success -- even though you initially failed.

16. Know your customer.

Dave Thomas, the founder of Wendy’s, cited knowing your customer as one of his three keys to success. Know those you serve better than anyone else, and you’ll be able to deliver the solutions they need.

17. Learn from complaints.

Bill Gates once said that your most unhappy customers are your greatest source of learning. Let unhappy customers teach you where the holes in your service are.

18. Ask for customers’ input.

Assuming what customers want or need will never lead to success. You must ask them directly, and then carefully listen to what they say.

19. Spend wisely.

When you spend money on your business, be careful to spend it wisely. It’s easy to spend too much on foolish things and run out of capital too soon.

20. Understand your industry.

“Don’t play games you don’t understand, even if you see lots of other people making money from them.” Truly understanding your industry is key to having success.

21. Deliver more than expected.

Google's Larry Page encourages entrepreneurs to deliver more than customers expect. It’s a great way to get noticed in your industry and build a loyal following of advocates.

Opportunities In chemical business:

The opportunities available for cosmetics and beauty care products manufacturing companies with a wide range of products are enormous. This is due to the fact that almost all Americans and people from all over the world make use of cosmetics and beauty care products regularly.

As a result of that, we were able to conduct a thorough market survey and feasibility studies so as to come up with good products and position our business to take advantage of the existing market for cosmetics and beauty care products and also to create our own new market. We know that it is going to require hard work, but we are determined to achieve it.