Business Ideas | Small Business Ideas: Beauty Care

Friday, January 2, 2015

Beauty Care | Business Ideas

What are the best business ideas in the beauty care industry? What is the best business opportunity in the beauty care industry? Do you have passion and interest in beauty care but you don’t know what business to start?

Then read on.

Maintaining your good looks, hygiene and health, through products, diet, taking care of your body, etc. Beauty care items are products used to make people look pretty. They are also used to take care of the body. They are usually in supermarkets. Many celebrities use beauty products. Use it to carry self-image.

The beauty industry is an ever expanding market and evergreen niche. As long as there is a need to look good, there will always be money flowing into the pockets of smart entrepreneurs. Once positive fact about the beauty industry is that the niche is broad and the demand is ever growing.

Another cool fact is that everybody is a customer, especially when it comes to the beauty industry; from men, women and children, etc. Now for those who are passionate about looking good and want to make money from this passion, below are some business ideas and opportunities for you in the beauty care industry.

1. Manicure and Pedicure services

This is a service business that entails taking care of your customers’ hands and feet. As long as individuals, especially women care about their hands and feet, there will always be steady business for you. One catchy thing about this business is that you don’t need to rent a shop, you can start this business from your garage or right from your home.

You can also choose to offer home services for your loyal customers. All you need is to brand yourself and deliver quality services. This business is specifically good for housewives and students.

2. Hair styling

A hair stylist is someone that is trained to beautify the hair. With the skill of hair styling, you can actually earn quite a fortune. No woman wants to go about looking untidy or with an untidy hair, creating an avenue for you to make your money. If you don’t have the money to rent a space, no qualms; you can start this business right from home. This business is specifically good for housewives and students in high schools and colleges.

3. Start a skin clinic

Running a skin care clinic is very lucrative and easy but it requires a lot of planning and it’s quite capital intensive. Furthermore, it requires that you have the knowledge of skin care. However, if you are up for the challenges, then get the basic knowledge and certification needed and you are in business.

4. Become a teeth whitening specialist

Everybody is in need of a shiny a sparkling “32” (teeth) especially celebrities, models and those working with mass media; and they will do anything to get it. You can take advantage of this opportunity by rendering a teeth whitening service to them and make your money. It is very easy because the chemicals for the teeth whitening are readily available in the market. All you have to do is read about them and learn how to administer them to you clients.

5. Establish your own beauty spa

Yes, you can start your own beauty spa business by offering the only 100% pharmaceutical-grade mineral body wrap that gives your clients results that are immediate and observable on their first visit.

6. Open a barbing salon

The natural call of looking good for men is a very important business for both young and old Africans because a neatly cut hair boosts self esteem. In fact, the barbing salon business is one of the fastest growing profitable businesses in Nigeria. All you have to do is to acquire the needed hair cutting and styling skills and open your barber’s shop in an environment that is populated.

7. Start a beauty care consultancy

Beauty care is there to provide the public with the largest inventory of genuine brand name Cosmetics, Skincare, Hair Care, Bath & Body care, Perfumes, Cologne, top fragrances at all times. As a beauty care consultant, it is your task to render advice to your client on how to take care of themselves in other to look beautiful. You will also recommend cosmetics and skin care products that suit the specific skin texture and complexion of your clients.

8. Open a hair salon

Owning a hair salon allows you to engage in a creative business and also be part of a growing industry (beauty care industry). No matter how the economy is, people need their hair to look beautiful and it’s not something most people can do at home, therefore they have no choice but to patronize you.

One positive fact about running a hair salon is that you can add other services without really increasing your overhead or operating expenses. You can leverage your hair salon to offer services such as hair styling, hair dressing, hair washing and treatment, etc

9. Importation and exportation of beauty care products

Another way you can make money in the beauty care industry is through the importation and exportation of beauty care products. The one in particular is a bit complex because you have to undergo some necessary steps and obtain licenses before you can be fully established as a beauty care product exporter or importer.Examples of products you can import are Weavons, cosmetics, salon equipment, etc.

10. Production of body lotions

Lotions are cosmetics applied to external skin either with bare hands, a clean cloth, or cotton wool. Many lotions, especially hand lotions and body lotions are formulated to enhance beauty. Their job is simply to smooth, re-hydrate, and soften the skin. You can start a small scale manufacturing company specializing in the production of body lotion or hair cream.

11. Establish a fat reduction center

Obesity has become a major problem in our society. You can make use of the opportunity and run a fat reduction center. Or better still, you can call it a weight loss or slimming center. Fat reduction is a modern day solution to transforming your body into the physique you have always wanted by only targeting fat.

12. Become a makeup artist

You can also earn a living as a makeup artist. Makeup artists do make a good living and this depends on how serious you take your career and how committed you are to the business. Your major clients will include men and women who are attending special occasions such as weddings, parties, events, etc. You can also tailor your services strictly for celebrities or movie practitioners, actors, actresses, musical artistes, etc.

13. Establish a cosmetic shop

Running a cosmetic shop is a pretty good one as nearly everyone on the planet uses some kind of personal care product. There is a lot of competition of course, but consumers are always looking to try out something new and with the right dedication, you can create a following of loyal consumers who will be the basis of your business for years to come.

14. Start a soap production firm

Soaps are mainly used as surfactants for washing, bathing and cleaning, but there are special soaps that are mainly for skin care. You stand a chance of making a lot of money by manufacturing special soaps used for maintaining the skin such as honey soaps, Aloe Vera soaps, etc. Ladies will surely patronize your product.

15. Fixing of artificial eyelashes

This is another money making business opportunities available in the beauty care industry. Though beauty is in the eye of the beholder, your clients needs you to help them enhance their beauty. This business is good for housewives, students and everyone alike. There is also huge potential if you can site your business in within the environs of a high institution.

16. Running a fitness center

Opening a fitness training center or Gym is not quite a big deal, but it requires a lot of planning and preparation. All you need is just an outstanding capital, a good knowledge of the business; and the business will be a dream come true.

17. Start a beauty care blog

If you are that person that has an eye for beauty care, you can make it as a beauty care blogger. Though completing the blogging business plan will take time and thought. But in the end, it will save you from the regrets of wasted effort. You can also choose to focus on specific niches such as skin care, teeth whitening, hairs, nails, tattoos, facial beauty, etc.

18. Massage Therapist

Another money making avenue in the beauty care industry is to setup a massage therapy center. In this case, you will be soothing and caring for the skin of your clients through massaging. Massaging also eases stress from the body and stress is one of the factors hastens the aging process.

19. Start a magazine publishing company

You can also start publishing a beauty care inclined magazine. In fact, health and beauty are one of the fastest selling genres in the publishing industry.

20. Start a Beauty TV show production

You can also start a TV show centered on beauty care. You can focus on profiling beautiful people and asking them how they maintain their skin. You can also conduct interviews, carry out case studies or review beauty products in the marketplace.

21. Become a Tattoo specialist or Tattooist

Tattoo is now the trending way to stand out and brand yourself. To make money off this niche, all you have to do is to take a course in tattooing, get your certification and setup shop for yourself. From my personal experience, I can tell you that there is money to be made in this business.

Reference

Beauty Care

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Easy Tips and Ideas to Start Business

Although anyone can start a business, many people fail because of a bad product or improper research. If you want to start your own business, you can improve your chances for success before you even begin. In order to make your business successful, start strong and make sure that your idea will hold out for the long haul.

Have a Good Product

Ensure that you plan to sell something useful. Although you may think that your product is important or special, that doesn't mean the general public will agree. Ask friends, family and strangers what they think of your product. If they don't seem that interested, ask them why. With their suggestions, you can either improve the product or scrap the idea completely. According to Brad Sugars of Entrepreneur magazine, most small businesses fail because they sold a product that didn't have an adequate market. This also applies to small businesses that provide a service. A lawn-care business might be useful for part of the year in a northern state, but it is in-demand year-round in the south. Consider whether people will actually want to use your service and get constructive advice from those not afraid to give their opinion.

Research Local Businesses

Research local companies before starting up your own business. This will not only give you an idea of the amount of competition you will have, but it will also help you price your product or service. If you're looking to start a wedding photography business, you may find during your research that the market is over-saturated in your area. If not over-saturated, you should contact each business and ask them for a price list. Alter your prices so you can stay competitive with the competition in town. Researching similar local businesses will also help you decide where to locate your business location. Try not to start up a store or office close to another business of your type. If your small business is located away from similar business types, this will cause locals to choose you over businesses that are farther away from where they live.

Get Professional Advice

You may know someone who has started their own successful business. Ask him for advice and listen to his stories of how he started his company. You may gain useful advice on the good and bad ways to start a business. Local entrepreneurs can also introduce you to local product providers or advertisers that you may not have met without their help. Accept any advice with open arms, especially if the advice is coming from someone successful in the area.

How to Calculate Business Start Up Costs

Starting a business in no easy endeavor. It takes a great deal of research, perseverance and hard work. While sweat equity will make your small business more successful, you will most likely need real capital to get the business started. Before you start raising capital and/or investing your own funds, the first thing you need to do is determine the total start-up costs.

Step 1

Determine your costs of sales. For most small businesses this means inventory, the cost of raw materials, manufacturing equipment, shipping, packaging, and warehousing. However, not all businesses sell products. In this case, the cost of sales is primarily the direct labor involved in making the sale. For example, to open a small shoe business entails purchasing enough inventory ($10,000) to stock the store.

Step 2

Determine professional fees. Planning your business structure, i.e., limited liability corporation or general partnership, means hiring an attorney. There may also be the need to pay an attorney for help with establishing trademarks, copyrights, and patents. In this scenario, that puts total professional fees at an estimated $20,000.

Step 3

Determine technology costs. Technology can greatly reduce the cost of labor for small business if used effectively. Most small businesses require computers, printers, cell phones, website development, Internet access, software applications, information security, data storage, and outsourced information technology (IT) consulting. If the cost of technology is $10,000 to start, add an additional $5,000 a year for maintenance (hint: maintenance is not included in start-up costs).

Step 4

Determine administrative costs. This varies with business types and may include items such as business insurance, office supplies, product packaging, parking, rent, express shipping, desks, chairs, fax machines, phones, or anything else necessary to operate the business daily. A good estimate for start-up administrative costs would be $5,000 for the first six months.

Step 5

Determine initial sales and marketing costs. Now that you have your product, you need to let folks know about it. Sales and marketing costs generally include marketing materials for presentations, printing stationery, business cards, advertising, trade show events, and public relations. These initial sales and marketing costs can add up to $3,000.

Step 6

Determine the wages and benefits needed to secure a staff. This includes employee salaries, benefits, workers compensation, and payroll taxes. Let's put the cost of wages and benefits estimated at $20,000 for the first three months of business.

Step 7

Add all costs associated with starting the business for a total. Be sure to only include business start-up costs that will be incurred in the first three to six months of operations. For this example, the calculation is: $10,000 + $20,000 + $10,000 + $5,000 + $3,000 + $20,000 = $68,000.

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