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Open a Cosmetic Shop

Another ideal chemical related retailing business that an entrepreneur can successfully start without any technical skill is to open a cosmetic shop. There is a large market for cosmetics and good enough the cosmetic business is not meant for women alone but all genders. If you are looking towards starting a chemical related retail business that is easy to run, then you should consider opening a cosmetic shop.

Just like any other retail business, location is an important factor that determines the success of the business. So, before making a choice as regards the locations to rent or lease a shop to start your cosmetic retailing business, ensure that you conduct a thorough market survey and feasibility studies.

Entrepreneurs must deal with a larger number of obstacles and fears than hourly or salaried employees, but the payoff may be far greater. Good entrepreneurs have interest and vision, the skills to start a business and the willingness to invest.

Interest and Vision
The first factor for entrepreneurial success is interest. Since entrepreneurship pays off according to performance rather than time spent on a particular effort, an entrepreneur must work in an area that interests her. Otherwise, she will not be able to maintain a high level of work ethic, and she will most likely fail. This interest must also translate into a vision for the company's growth.

Even if the day-to-day activities of a business are interesting to an entrepreneur, this is not enough for success unless she can turn this interest into a vision of growth and expansion. This vision must be strong enough that she can communicate it to investors and employees.

Retailing of a Wide Range of Acids

Another easy business to start in the chemical industry is to go into the retailing of a wide range of acids. There is a large market for acids such as nitric acid, chlorine, phosphoric acid, sulfuric acid, titanium dioxide, hydrogen peroxide, nitrogen, ethylene, ammonia, propylene, polyethylene, chlorine, and ammonium phosphates etc. these acids are used for different purposes.

So if you are considering starting a chemical related retailing business, then you have the option of going into the retailing of a wide range of acids. Please note that you would need some of training and also chemical / acids handling license and other necessary permits before you can be allowed to go into the retailing of acids.

Benefits of Entrepreneurship

Many Areas of Skill
All of the interest and vision cannot make up for a total lack of applicable skill. As the head of a company, whether he has employees or not, an entrepreneur must be able to wear many hats and do so effectively. For instance, if he wants to start a business that creates mobile games, he should have specialized knowledge in mobile technology, the gaming industry, game design, mobile app marketing or programming.

Financial and Emotional Investment
An entrepreneur must invest in her company. This investment may be something less tangible, such as the time she spends or the skills or reputation she brings with her, but it also tends to involve a significant investment of assets with a clear value, whether they be cash, real estate or intellectual property. An entrepreneur who will not or cannot invest in her company cannot expect others to do so and cannot expect it to succeed.

Go into the Production of Perfumes and Body Spray
The production of perfumes and body sprays can safely be classified under the chemical industry; chemicals are the major raw materials used in the production of this product. Hence, if you are considering starting a business in the chemical industry, a business that is profitable and thriving, then one of your options is to go into the production of perfumes and body spray.

Although, there are leading brands in this line of business, but if you are able to come up with unique fragrance and if your products are well branded and packaged, then you are likely going to get your own fair share of the available market.

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Organization and Delegation

While many new businesses start as a one-man show, successful entrepreneurship is characterized by quick and stable growth. This means hiring other people to do specialized jobs.
For this reason, entrepreneurship requires extensive organization and delegation of tasks.

It is important for entrepreneurs to pay close attention to everything that goes on in their companies, but if they want their companies to succeed, they must learn to hire the right people for the right jobs and let them do their jobs with minimal interference from management.

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Go into the Production of Fire Extinguishers

The production of fire extinguishers is yet another thriving and profitable business under the chemical industry. No doubt there is a large market for fire extinguishers simply because of what they are used for – for fighting fires. As a matter of fact, in Nigeria and in most countries of the world, it is mandatory to have fire extinguishers in buildings, plants, trains, ships and automobiles. It is a punishable offence if you don’t have fire extinguishers in the places listed above and above all the fire extinguisher must be valid.

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Go into the Production of Plastic and Rubber Containers
Another profitable and highly thriving business that an entrepreneur can successfully launch in the chemical industry is to go into the production of plastic and rubber containers. Plastic and rubber containers are used for several purposes ranging from storage of water, and chemicals to the storage of fuel and cooking oils etc. So if you are looking towards starting a business in the chemical industry, then one of your options is to go into the production of plastic and rubber containers.

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Retailing of Plastic and Rubber Products

At homes, in the work places, in schools, hospitals, hotels etc, you will find various sizes and shapes of plastic products (containers). This goes to show that there is a large market for plastic products (plastic buckets, plastic kegs, plastic plates, plastic pails, etc). So if you are looking for a chemical related retailing business to start, then you should consider opening a shop where plastic products are retailed. It is indeed a profitable business and it is easy to start and manage.

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Chemical Production Manual: A guide to production of Chemical based products in Nigeria + Over 100 detailed product formulations, processing method & usage, Equipment & tools, quality parameters, raw material, Safety standard & Precautions, useful tips and all relevant information.

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.

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Go into the Sale of Cleaning Related Chemicals

Those that are in the cleaning industry depend largely on cleaning chemicals to carry out their core duties hence there is a large market for cleaning chemicals. So if you are considering starting a business in the chemical industry, a business that is easy to setup and one that is profitable and thriving, then one of your options is to go into the sale of cleaning related chemicals.

Just ensure that you stock your store with different brands of cleaning chemicals from different manufacturers so as to give your customers options. It is also very important to conduct market survey before stocking your store with cleaning chemicals. Supplying chemicals directly to cleaning companies is part of the ways you can generate huge sales

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Organization and Delegation

While many new businesses start as a one-man show, successful entrepreneurship is characterized by quick and stable growth. This means hiring other people to do specialized jobs. For this reason, entrepreneurship requires extensive organization and delegation of tasks. It is important for entrepreneurs to pay close attention to everything that goes on in their companies, but if they want their companies to succeed, they must learn to hire the right people for the right jobs and let them do their jobs with minimal interference from management.

Blessed Sunday

Start a Skill Acquisition School

Soap making, detergent making, liquid soap, tie and dye, pesticide, herbicides, insecticides, perfumes, air fresheners, after shave and loads of other chemical related products are products that don’t take much time to learn how to make.

So, if you know how to make these products and you have the skills to impart knowledge, then one of the business that you can successfully start is to open a skill acquisition center; a place where people will have the options of learning how to make various chemical related products that are highly sellable.

You don’t necessarily need to know how to make all these products before opening a skill acquisition school; you can also hire the services of other trainers who are skilled in some of the areas that you are not.

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Difference between entrepreneurship and small business
The main points of difference between entrepreneurship and small business has been detailed below:

Meaning

Entrepreneurship is the process of identifying a new business opportunity in the market and starting and developing a new business. It typically commences operations as a small business and achieves growth subsequently. A small business is one that is owned and controlled by an individual or a small group of people and has a limited scope and market share.

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Go into the Production of Teargas and Pepper Spray
It is common to see anti – riot police men use teargas and pepper spray to quell riots. Of course you know that the police don’t produce these products; it is those in the business, who fall under the private sector that is responsible for producing such products except in rare cases. So, if you are looking towards starting a business in the chemical industry, then one of your options is to go into the production of teargas and pepper spray.

It is important to state that in most countries of the world, you would need a special permit and security clearance from the government before you can be allowed to legally go into the production of teargas and pepper spray.