Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,027 members, 7,810,831 topics. Date: Saturday, 27 April 2024 at 04:31 PM

How To Produce Cosmetics Products In Nigeria - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / How To Produce Cosmetics Products In Nigeria (15212 Views)

Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily / How To Produce Soaps And Detergents From Home In Nigeria / Longrich Products In Nigeria (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (15) (Reply) (Go Down)

How To Produce Cosmetics Products In Nigeria by chizillar(m): 12:50pm On Aug 11, 2017
Cosmetics are substances or products used to enhance or alter the appearance or fragrance of the body. Many cosmetics are designed for use of applying to the face and hair. They are generally mixtures of chemical compounds; some being derived from natural sources (such as coconut oil), and some being synthetics. Common cosmetics include lipstick, mascara, eye shadow, foundation, rouge, skin cleansers and skin lotions, shampoo, hair styling products (gel, hair spray, etc.), perfume and cologne. Cosmetics applied to the face to enhance its appearance are often called makeup or makeup/07033097160

1 Like 1 Share

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 10:38am On Dec 07, 2017
Common cosmetics include lipstick, mascara, eye shadow, foundation, rouge, skin cleansers and skin lotions, shampoo, hair styling products (gel, hair spray, etc.), perfume and cologne
Re: How To Produce Cosmetics Products In Nigeria by frixie: 10:55am On Dec 07, 2017
How much is the manual?
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 12:28pm On Dec 09, 2017
Reach me directly on my phone line to discuss the way you want it. See you at the top.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 12:42pm On Dec 09, 2017
S/N TYPES MAJOR RAW MATERIALS


A Anti-Pespirants Ethanol, Isopropanol, Chlorhydrate, Glycerine, Water, Colour, perfume.

B Bath Products (Salts, oils, essence etc) Common salt, Soda Ash, Sodium Perborate, Water, Colour, Perfume, Glycerine, Triethanolamine Lauryl Sulphate, Glycol.

C Body Creams & lotions (moisture risers, skin care) Glycerymonstearate, ceryl Alcohol, Glycerine,water, Alao vera, Vitamin E, Cocoa Butter, Sorbitol, Lanolin, Mineral Oil, Colour, Perfume, Petroleum Jelly.

D Dental Products (toothpaste, Powders etc) Di calcium Phospate, Calcium Carbonate, SCMC, Colour, Glycerine, Sodium Floride, Sodium Lauryl Sulphate, Flavour, Menthol, Water.

E Deodorant (Roll-on, Sticks Sprays) Propylene Glycerol, Methl Cellulose, Isopropanol, Aluminum Chlorhydrate, Methylparaben, water, colour, pefume, Cetyl Alcohol, Sodium Stearate.

F Depilatory Products (Shaving Creams powder etc) Strontium Sulphide, Zinc Oxide, Titanium Dioxide, Glycerine, Lime, Gum Tragacanth, Perfume, water.

G Dyes & Colourants (Hair Colourant) Silver Nitrate, Copper Sulphate, Pyrogallic Acid, Acetic Acid, Isapropanol, Ammonia, Nickel Sulphate, Water.

H Hair Conditioners (Rinse, cream, styling Gel) Cetyl, Alcohol, Glycerine, Lanolin, GMS, Water, Colour, Perfume, PVP, Carbopol, TEA, Paraben, Citric Acid, Mineral Oil, Vegetable Oil.

I Hair Creams (Conditioner, Food, Anti- dandruff) Petroleum Jelly, Lanolin, Coconut Oil, Mineral Oil, Menthol, Thymol, Cetyl Alcohol, perfume, Colour.

J Hair Relaxers Caustic Soda, Potash, Thioglycollic Acid, Cetyl Alcohol, GMS, Glycerine, Sorbitol, Mineral Oil, Petroleum Jelly, Perfume, Methyl Paraben, Colour.

K Hair Shampoos Sodium Lauryl Sulphate, Sulphonic Acid, Caustic Soda, Soda ash, CMC, Glycerine, Methyl Paraben, Colour, Perfume, Water.

L Lipsticks Cetyl Alcohol, Bee Wax, Parafin Wax, Castol Oil, Citric Acid, Proplylene Glycol, Lanolin, GMS, Proplene Myristate, Colour, Stearic Acid, Paraben.

M Nail Products (Paints, Hardeners & Removers) Nitro Cellulose Resin, Ethyl Acetate, Ester, Gum,Alkyd Resin, Toluene, DOP, Isopropanol, Pigment, MEK, Butyl Glycol.

N Rouges & Powders (Pancake, Face powder) Parafin Wax, Bee Wax, Cetyl Alcohol, Lanolin, Petroleum Jelly, Propylpalmitate, Zinc Oxide, Zinc Stearate, Talc, Kaolin, Starch, Colour, Perfume.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 8:25pm On Dec 10, 2017
10th
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:34am On Dec 11, 2017
LUBRICANTS
In all types of machines, the surfaces of moving or sliding or rolling parts rub against each other. Due to this movement against surfaces in contact, friction results. Friction causes a lot of wear and tear and even generates heat. All these results in loss of efficiency and lubricants is the answer. Hence any substance put between two moving/rubbing/sliding surfaces with a view to reduce or eliminate frictional resistance is a lubricant. It is also worthy of note that the demand for lubricant is huge and especially in Industries.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:35am On Dec 11, 2017
NO. TYPES OF LUB. MAJOR RAW MATERIAL

A Automatic transmission fluid (ATF)
Synthetic base oil (PAO), Petroleum base oil Additives, colourant.
B Brake & Clutch Fluid
Methyl proxitol, polyethylene Glycol, polypropylene glycol Dioxitol, mineral oils.
C Chain lubricant
Sodium lauryl Sulphate, Glycerine, Sodium Chromate, water, soda ash.
D Cutting Oil
Oleic Acid, Potash, mineral Oil, TEA, Butanol, spindle Oil.
E Engine Oil
Base Oil (petroleum & synthetic), Zinc Dialkyl-dithiophosphate and dispersant. All purpose lubricant additive (pack), viscosity index improve, clay (optional) etc.
F Engine Oil Coolant
Ethylene Glycol, Propylene Glycol, Lard, Sodium Silicate, Mineral Oil, TSP, Water, Colour.
G Gear Oils
Base Oil(synthetic & petroleum), Tricresyl Phosphate ZDDPTP, Cotton seed oil, Lub, Additive, Dispersant.
H Hydraulic Oil
As in Gear & Engine oils
I Greases
Caustic Soda, Calcium Hydroxide, Lithium Hydroxide, Graphite, Petroleum Jelly, Lanolen, Mineral oil, Palm kenne Oil, Rosin, water, colour, stearic Acid, Aluminium Stearate.
J Machine Oil
Technical White Oil, Mineral oil, DOK, Diesel, Transformer Oil
K Penetrating Oil
Acetic Acid, Mineral Oil, Diesel, kerosene, palm kernel Oil, Amyl Acetate, Carbon tetrachloride.
L Radiator Coolant
Sodium Chromate, Sodium Silicate, Propylene Glycol, Sodium Ash, Water, Glycerine, Colour.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:41am On Dec 11, 2017
Cosmetics

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:08am On Dec 20, 2017
Cosmetic Products must meet SON specifications as SAE or API or other approved agencies.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 10:34am On Dec 23, 2017
"Good, Better, Best. Never let it rest. "Till your Good is Better and your Better is Best".
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 1:23pm On Dec 25, 2017
Merry Christmas and a productive new year to everyone. May the new year brings success & prosperity.

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 12:45pm On Dec 26, 2017
As you celebrate Boxing Day, may God grant you so much grace than you had before. Grace to be more than you are now. Grace to explore hidden talents you’ve got. I bless heaven for you. Happy Boxing Day

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 12:39pm On Dec 27, 2017
27th
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 7:18am On Dec 30, 2017
CHEMICAL BUSINESS VALUE CHAIN
THE KEY PLAYERS

The Producer
The producer is the main player in the Chemical Industry. He can be a manufacturer, an innovator, a chemical scientist or the creator. He first conceives in his mind what he intends to produce; this is a mental creation and then second carrying it out representing the physical creation. He creates the product from scratch, adds value to the product already in the market or may even be alike the same product as in some case in acquiring the patent right and franchise to produce the same product.
In some cases, a producer might also be the chemical scientist who conceives the product and went ahead to produce or manufactures it. Income potential as a producer is amazing. On a small scale level, of investment of N200,000 would yield 100% return in a few months and on business stability would offer over 300% return on monthly basis. Furthermore, he wields tremendous power as he can be involved in composition and the actual running of his enterprise.

The Chemical Scientist
He is an important player in the Chemical Industry. He is involved in the creation, production and sales of the chemicals. With his formal education and training, he understands the various elements, compound and extractive techniques from raw sources. The chemical laboratory is usually his dormitory and a single discovery or innovative product can shoot him to fame and wealth. His products can impinge every aspect of our lives.
Furthermore, many companies buy some of his chemical products as intermediates in their own manufacturing processes. Often, there are clusters of processes which use the output of one as the input to another. Example, ammonia is made from natural gas and can be converted to hydrogen cyanide. Becoming a chemical scientist can be very rewarding as he earns millions of naira per annum for his researches, consultancy and sales of chemical product. He is also well respected by the public and stakeholders in the chemical industry.

The Armchair Investor
He is a very important in the chemical industry because of his experience, resources and financial wealth. Usually, he is a shareholder; an important stakeholder and contributes positively to the growth and development of the chemical enterprise. He might not have control over the actual running of the enterprise but decisions that can affect the finances and long-term growth of the company cannot be taken without his input.
In some cases, he might be the owner of the chemical firm if he owns 100 shares of the firm, in some other cases; it is a partnership whereby it is jointly owned by the 2 or more investors. But know that the armchair investor is a risk bearer and his concerned about the growth of his investment in both short and longer term. His earning is a jumbo determined by his stake and amounts of shares he holds.


The Distributor
He is an important element in the chemical production industry. He is an entity that buys competing for chemical products or product lines, warehouses them and resells them to retailers or direct to the retailers or directly to the end users or customers. In some cases, a company chooses its distributor and get them licensed while in other cases, it is an open one where anyone with good capital can buy its products.
Their powers are limited but can be involved in promotional activities; providing strong manpower and cash support to the manufacturer’s promotional efforts. They usually also provide a range of services such as product information, estimates, technical support, after sales services, credit etc to their customers.
Financially, they are robust and with over 100% return on investment in few months.


To be continued..............`

Re: How To Produce Cosmetics Products In Nigeria by Oduok(m): 8:04am On Dec 30, 2017
I enjoy your write-up on this thread. If won't mind, could you detail your profile here to differentiate you from the rest? I won't buy your e-book though but will be following the thread. Your write-up is so professional.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 12:23pm On Dec 31, 2017
The Facilitator
From their name, they play a facilitation role. They can play this role in any of the different value chains available in the chemical industry. They can be involved in research, creative and useful information, writing articles, publications, training, business registration and incorporation, composition, funding, planning and even mediatory roles in this industry. He is someone who engages and helps people understand their common objectives and assist them to plan how to achieve these objectives. They also enable groups and organizations to work more effectively; to collaborate and achieve synergy.
They play a supportive role and an important factor in the growth of the chemical industry. They earn from the fees they charge for their services and impact is appreciated and respected.

The Miner
If we won’t be import dependent and develop the entire value chain of the chemical industry, then the miner plays a primary but a fiduciary role.
The miner is a key player; an excavator, an explorer, a discovery man and a site maker.
Venturing as a miner requires a mining license which can be painstakingly acquired from the Federal Ministry of Mines and steel development after tendering and verification of vital documents.
A mining license is a wealth license. This is not because it takes a relative effort to acquire but because it gives one access to the country vast hidden wealth. As a result, the financial earnings of a miner will be a mind-boggling sum and over time can place one on the fortune map. On the upside, a miner can also double as a chemical exporter and he can enter and sign Memorandum of understanding (MOU) with foreign firms and as a supplier to the local industries who depend on his raw material as a pre-causer product for production.

The Chemical Importer
The importer is involved in the importation of chemical based products which are not readily available or produced in the country. The importation of chemical-based product is a profitable venture for many Nigerians. An applicant wishing to import chemicals into Nigeria should first make an application. He will apply in his company letterhead with GSM number and email which would be addressed to the Director, Narcotics and controlled substance Directorate, National Agency for Food and drug administration and Control, Oshodi, Lagos. The process involves the filing of necessary forms, presentation of other document and payment of required fees and will ultimately be issued with an import license if all conditions are met.
Financially, it is very rewarding with profit running in millions after sales of products. It is also important to note that it is strictly regulated and the license is painstaking acquired.

The Trade Merchant
The trade merchants are important stakeholders in the chemical business value chain as the chemical chain cycle cannot be completed without them. Don’t get it twisted, they are important not because the chemical industry cannot function without them but because they are closer to the end users and consumers. For a small scale chemical entrepreneur willing to venture into the production industry, he is indispensable and he can provide him with the necessary chemical, equipment, and raw materials to start the production process. He also does direct supply to different institutions such as schools, hospitals, hotels and even research institutes.
On the financial level, he averages good returns on investment if he does well in the marketing of his services. In addition, it is important to note that a trade merchant can as well be an importer of this product just as an importer can double as a trade merchant.


To be continued.....................
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 10:03am On Jan 01, 2018
May I seize this glorious moment to wish everyone a prosperous new year and together we keep the candles burning.

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 11:30am On Jan 02, 2018
The Primary Supplier
The Primary supplier is also a trade merchant but a primary/raw material merchant. He buys the chemical raw material at wholesale from the miners and supplies directly to the production industries. His position in the chemical value chain is intermediate. He is a key player in the entire value chain but specifically to the production industries who need it as a raw material for producing many chemical based products.
On the financial level, he benefits from the win-win structural arrangement of the industry and if his marketing is not wack, he averages good return from his investment.
On the literary sense, he is a tight-knitted personality, a master planner, a goal getter who identifies his target market, meets them and gains economics of leverage on client base.
Like him or not, his overall contribution to the industry is primary but beneficial.

The Chemical Exporter
The development of the Export market in Nigeria has been a positive one. The uptrend is largely due to the advancement of Information Technology and the downside fortune of the crude oil market forcing investors and government to explore alternative markets.
In line, the chemical export industry holds vast potential that is highly untapped. The primary raw materials for the production of many chemical based products are minerals with a huge deposit in the country. For example, sodium benzoate is a preservative for the production of envelope gum. It secondary raw materials is sodium hydroxide and benzoic acid while primary raw materials are sodium chloride and gum benzoin which occur in nature. Another example is Calcium Carbonate which is a filler for the production of shaving powder. Its raw material is simple limestone mined from the earth. What of Zinc chloride? Its anhydrous form is an activator for the production of glass bottle adhesive. One of its primary substituents is Zinc which is a mineral deposit.
On the geographical sense, Nasarawa, Ebonyi, Plateau, and others hold a vast potential of our wealth in mineral resources and by research, the country’s financial wealth will sour greatly to over 5trillion Naira per annum if its vast resources in minerals are to be tapped.
The chemical exporter is a leader, a trail blazer and an economy booster and his business acumen and deft business moves will impinge the economy but in a positive sense. Venturing as a chemical exporter is very rewarding for savvy entrepreneurs who have good knowledge of the export market.

The Chemical Consultant
The chemical industry won’t develop effectively without the input and contribution of the chemical consultant. He can be an individual or an entity that has great knowledge of the chemical industry and can give expert advice.
If you have done your basic and have earned a reputable profile in any of the chemical business value chains and it spans for a considerable period in years, I want to encourage you to become a consultant. Owners of chemical based businesses are very concerned about productivity and business bottom line, and as a result will hire consultants to supplement their staff and save the bloated cost of hiring a full-time employee.
Their job description is a simple one. Consultants aim to improve their clients or organization’s position or profile in the marketplace by helping to solve problems, manage change and improve efficiency.
Furthermore, a consultant has the benefit of flexible work schedule; he can work as a full time, part time, an independent or an employee consultant in large organizations.
A chemical consultant is an invaluable asset; a harmonizer, a professional team player, a change catalyst and a bridge maker.
Financially, it is very rewarding. They earn from the fees they charge for their services which can be neck- breaking ranging from hundreds of thousands to millions of naira over time. This is because they solve intractable problems and the growth and development of the industry depend to a large extent on their expertise.
Overall, their contributions are positive and well respected by the public and stakeholders in the chemical industry.
The Chemical Broker
In a less regulated chemical industry, a broker also referred to as an agent or an intermediary can bridge the value chains and foster more business relationship, enabling the other chain players to work more efficiently and effectively.
A chemical broker is a match maker; a linkman, a deal broker and a buffer between the buyer and the seller. A broker can say certain things to a buyer and certain things to a seller and wind up with a productive discussion. He is different from a chemical supplier as a chemical supplier is an established tradesman. He is also not a facilitator as his primary concern is on deal making and less of leading the industry.
He is also different from a supplier and the facilitator as his remuneration is commission based. His commission is his insurance and wholly depends on the size of the contract he brokers.
For those desirous to partake in this industry but have no startup capital, you worry no more as brokerage services have come to stay. The era of tight industry regulations and monopolistic tendencies is given way for an open system. This is due to civilization and advancement in Information Technology making the world a global village with complementary positive gains in convenience and leverage.
Now, in the chemical brokerage, there is something called “Finder’s fee”. This is a fee charged by brokers for making a deal. As stated before, it is commission based and the industry standard is 5-10% of the size of the deal. Overtime, this can pull one out of financial doldrums and re-establish him on a higher pedestal.

The Business Analyst
Business analysis has emerged as a core business practice in the 21st century. As a vital link between a firm’s information technology capabilities and its business objectives, skilled business analyst contributes to the profitability of companies, large and small, in almost every industry.
The Business analyst is important in the chemical industry as they help it seize opportunities presented by a rapidly changing marketplace, by preparing you with the skills modern organizations need to remain competitive.
In today’s complex business environment, an organization’s adaptability, agility and ability to manage constant change through innovation can be key to success. Traditional methods may no longer lead to reaching objectives when economic conditions are unfavourable. That is where business analyst comes in.
To venture as a chemical business analyst, one needs to acquire core business skills and specialized knowledge which will include excellent and verbal communication, system concepts, cost/benefit analysis, business case development, modeling techniques, methods, and leadership.
Furthermore, finding success as a business analyst takes a commitment to your career and proper planning. This is because of economic conditions and business changes faster than ever.
Overall, a business analyst is a tactful diplomat; a great communicator, a problem solver, a thinker and an analyzer with the ability to engage with shareholders to understand and respond to their needs in a rapidly changing business environment.
Financially, he is well remunerated if employed by reputable firms who desire to be a market leader in their niche market.

The Marketer
The chemical industry can never be complete without the efforts and contribution of the product marketer. Promotion has its place; creating the necessary awareness of the product to the general public. New releases and new product line testing can be the avenue for the marketers to show his skills and strategies. Hence for any company that wants to be a market leader or to be a big deal, marketing should be at the forefront of its plans.
The marketer might either be employed by an organization or an open position available to any willing individual or interest group. It also opens an opportunity for anyone to position in any of the value chains. Most organizations that have a product to offer the public would welcome any individual who is willing to promote and sell their products. All one need is to get their product and look for avenues to promote them and earn finder fees in return. This is referred to as affiliate marketing; affiliating to promote someone else product.
Working as a marketer in a conventional company or in an open marketplace can also be rewarding. This is due to fact that product companies understood that marketing is the life of their business and if they eased up on marketing, they will get lapped. Often they are compensated based on sales or referrals they have made for the business.

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 7:47am On Jan 04, 2018
4TH
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 7:42am On Jan 05, 2018
Your economic security does not come from your job or from the patronage of other people; it comes from your ability to meet needs and solve problems. Keep investing in those abilities and you will have endless opportunities.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 10:51am On Jan 10, 2018
FUTURE OF THIS INDUSTRY
There has been marked increase of new entrant into the industry over the years and as more investors are putting their seed into this industry. All we see is successes, hopes, and opportunities. The economy of the country is regaining strength after years of economic hardship. We sincerely believe that with adequate power, infrastructure and manpower development, the industry will go in leaps to for the benefit of all.
It is a huge market and everyone with the necessary capital and knowledge would tap the business opportunities it presents. Nothing is so powerful than an idea whose time has come, and the time has come to invest rightly by investing in the chemical line of business. The income earning potential on the full scale can give one a lifestyle of choice, leveraging on the increasing population of this country.

On a micro-level, it is a corporate challenge. A corporate challenge is an industry challenge. Companies should map out it's strategic imperatives and tactical initiatives in tackling it's dynamic cases. Nigeria runs a consumption based economy. A cake consumption instead of cake baking economy. It is an open and begging opportunity for more investment in the chemical production and manufacturing business. And with a population of over 160 million who have to depend on the chemical products to survive, it becomes necessary to start a chemical business of your own. Surely, anyone can start and can start in small scale and with the necessary skills, information, and knowledge, success is assured.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:46am On Jan 24, 2018
24th
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 10:02am On Jan 25, 2018
To raise finance to start up your small scale production of many of the chemical based products, you can leverage on the Market moni loan scheme of the Federal government which does not require a collateral. Interest is 5% and payback period is 6 months.


This loan is being disbursed to market women, traders, artisans, enterprising youths and small scale farmers and agric workers.

Requirement:
You must belong to a registered and accredited market association, cooperative or trade group.
You must have a valid BVN.
Your market association, cooperative or trade group must nominate you for a loan and must be willing to stand in as your guarantor.
Your market association, cooperative or trade group must be registered with BOI.
You must have a business location which will be verified by MarketMoni agents.

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 10:16am On Feb 05, 2018
100 UNCONVENTIONAL SOURCES FOR CHEMICAL BUSINESS FUNDING
In today’s business world, big banks are tightening up more than ever, and venture capitalists are becoming more careful with their investments. So now’s the time to get creative with entrepreneurial finance and seek out sources you might not have thought of to start your chemical business. Now, you can try a couple ideas and it might be your saving grace.

TACTICAL MEASURES
Desperate times call for desperate measures. Some of these ideas are for the truly insane entrepreneur. It’d be a good idea to speak to a financial advisor first if you’re considering any of these.
1. Assistance from Religious Groups: Obtain loans from religious bodies you are associated with.
2. Title loans or Tangible Asset: If you’ve paid off your car, a house or land, you can get a title loan against its value, similar to a home equity loan.
3. Talk to a small business finance expert: Some business financial expert are real gurus. They can help you raise capital in ways you never know. You can give it a try.
4. Whole-life insurance: You can borrow against your whole-life insurance policy, but be careful not to default, terminate your policy, or die.
5. Sell your share certificate to raise money: Do you have share in the stock exchange? You can consider trading them off.
6. Home equity: A lucrative funding source just might be where you rest your head at night. Of course, if you screw up, you just might end up not living there any more.
7. Retirement accounts: Raid your Retirement savings to put the money into a more here-and-now investment.
8. Start as a Consultant: If you have knowledge in an industry but lack the money to set up a business, you can start as a consultant.
9. Save it up: Give yourself 1 or 2 years probation to save up. This require absolute discipline but you can do this, then you comfortably start your dream business.
10. Money lenders: Approach money lenders in your area to lend you money with interest. Loan companies offer outright loans to businesses who otherwise wouldn’t qualify for anything through big banks.


To be continued................
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 10:42am On Feb 07, 2018
11. Make money from your hobby: What do you like doing? It can fetch you some money to start up a business.
12. Join a co-operative society or thrift organization: There are co-operative society and they can give you financial assistance if in need. You join them, save a minimum of six months, which qualify you twice the amount of your savings.
13. Advance Salary loans: If you are a salary earner, you can obtain an emergency loan which will get deducted overtime.
14. Family and friends: Getting a loan from someone you know works, but make sure to put it all down on paper, and never waver on your payments unless you want to ruin your relationship.
15. Take in a partner with cash into your business: Going into partnership with someone with deep pocket is a good idea but ensure agreement and condition is clear and signed.
16. Online business: Opportunities abound on the world wide web. Look for online businesses or jobs you can do to make money. You can try blogging, affiliate business, freelancing, information marketing, network marketing, brokerage etc.
17. Mutual Aid Programs: If you are willing to take risk, maybe in the short term period, you can join a mutual donation platforms to raise funds.
PERSONAL FINANCE
Get creative with your personal accounts and assets to find money for your business.
18. Liquidate assets: Sell anything you have that’s valuable to raise funds. This can be your house, car, a copyright or a patent right.
19. Downsize costs: Find money in your own personal budget by cutting back on entertainment, clipping coupons, and tightening up your finances.
20. Keep your day job: Keep a steady income while you’re earning from your business so you’ll always have a dependable source of funds.
21. Get a second job: If one job isn’t enough, take on a part time job and earmark the funds for your business.
LOW LEVEL LENDING
Who needs a huge corporate bank? Turn to smaller banks and individuals to get the money you need.
22. Bartering: Income doesn’t have to mean cold, hard cash. Trade with other businesses for the equipment and services you need.



To be Continued..............

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:59am On Feb 09, 2018
23. Online Loans: Apply for loan online from websites such as paylater, Aella Credit, C24, KiaKia, OneFi, Renmoney,Rosabon, Quickcheck, Zedvance ltd,Onefinance,Addosser, Purple money etc.
24. Microloans: These startups offer microloans to entrepreneurs e.g Renmoney,Rosabon, Quickcheck, Zedvance ltd,Onefinance,Addosser, Purple money.
25. Fund Scheme: You can get funds for your business through Social Intervention fund of the Federal Government, Grofin fund, Tony Elumelu fund, Lagos state Employment Trust Fund etc.
26. Industry leaders: Ask individuals and businesses that are leaders in your industry for a loan. They’re more likely to be sympathetic to your needs and understand your goals than big banks.
27. Ask for advice: Advisors often want to put money behind their involvement, so find loan opportunities by seeking out help.

CREATIVE FINANCING
Check out these ideas for truly creative ways to find extra cash through innovative programs and even more risky lending.
28. Vendor financing: Discuss payment and leasing options with your vendors so you don’t have to buy supplies and equipment outright.
29. Assign a CD: Get instant gratification on a certificate of deposit by assigning it.
30. Revolving loan funds: Get a loan through a revolving loan fund, and once you’ve paid it back, it can be used by another budding entrepreneur.
31. ESusu: ESusus are just like a revolving loan fund, except the system is managed among a group of peers. Use a Esusu to pool your money, and you’ll each get a turn to use it and repay it.
32. Asset sales: Sell an asset like computer equipment to someone you trust, and have them lease them back to you for a fair price. You’ll get a nice amount of capital that you pay back over time.
33. Commercial finance lines: Often used by franchisees, commercial finance lines are similar to vendor loans and are used for small-ticket equipment.
34. Gofundme.com: This is an online avenue for obtaining grants and the beauty of this medium is that such grants are not repaid. A lot of people have benefited from this site, as such. Nigerians too should benefit by logging on to the site for further enquiries.
35. Purchase order financing: Just like advance pay programs, purchase order financing gives you a loan based on projected future earnings.
36. Supplier guarantees: Use a financial institution to guarantee that any receivables will be paid directly to your suppliers.


To be continued................
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:38am On Feb 12, 2018
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. Here are 50 business ideas in the chemical industry that an entrepreneur who is serious about starting a business can choose from:

50 Small Scale Chemical Business ideas & Opportunities

Start a Soap Making Company

Soaps are part of the products that are manufactured from chemical products and they are used for washing and for bathing. No doubt there is a large market for soaps and the industry is still pretty much open for as many people that are ready to start their own soap making company.

So, if you are looking for a simple business to start in the chemical industry, a business that requires few weeks or months of training and one that you can start on a small scale, then you should consider going into soap making business. Although you are likely going to compete with several soap makers in your city or country, but if your soaps are well packaged, then you are likely going to get your own fair share of the available market within your target area.
Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:36am On Feb 13, 2018
13th

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:48am On Feb 13, 2018
In the spirit of the Valentine, we are offering a 50% price slash on each copy of the *Production Manual*. Now, you pay less because it is valentine.

Terms & Condition: Price slash only on Valentine week.

Re: How To Produce Cosmetics Products In Nigeria by chizillar(m): 9:28am On Jul 02, 2018
Happy new month to everyone.

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (15) (Reply)

Companies Selling Solar Electric Power Systems In Abuja / How To Pay Your Chinese Seller/Manufacturer Within Hours / Akwa Ibom Govt Gives Traders 31 Day Ultimatum To Reduce Price Of Foodstuff

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 106
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.