All you would need is contacts, packaging, networking and good marketing and customer service skills. 1. Business Plan 2. Business strategy 3. Entrepreneur Quiz: Do You Have What It Takes to Succeed? 5-Step BUSINESS PLAN FOR BEAUTY AND COSMETIC PRODUCTS. Yvonne Stallone® Cosmetic Line, LLC employed the services of an expert HR and Business Analyst with bias in start – up business to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives. Responsible for overseeing the smooth running of HR and administrative tasks for the organization. as well as with company policies and procedures, Collects and verify delivery instructions, Shaving cream, shaving preparations and aftershave products, Face and body creams, beauty creams and lotions and hand cream or lotions, Cosmetics, including face powders, eye shadows, lipsticks and mascaras, Introduce our cosmetic and beauty care products brand by sending introductory letters to residence, merchants, retailers and other stakeholders in Hartford – Connecticut and other cities both in the United States of America and Canada, Open our cosmetic and beauty care products with a party so as to capture the attention of residence who are our first targets, Engage in road show in targeted communities from time to time to sell our products, Advertise our products in community based newspapers, local TV and radio stations, List our business and products on yellow pages ads  (local directories), Leverage on the internet to promote our cosmetic and beauty care product brands, Place adverts on both print (community based newspapers and magazines) and electronic media platforms, Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, et al to promote our cosmetic and beauty care product brand, Install our Bill Boards on strategic locations all around major cities in the United States of America and Canada, Engage in road show from time to time in targeted communities, Distribute our fliers and handbills in target areas. Part of what is going to count as competitive advantage for Yvonne Stallone® Cosmetic Line, LCC is the vast experience of our management team, we have people on board who are highly experienced and understands how to grow business from the scratch to becoming a national phenomenon. Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries. Application and Obtaining Tax Payer’s ID: Application for business license and permit: Leasing of facility and construction of standard cosmetic and beauty care plant: Generating capital from family members and friends: Drafting of Contract Documents and other relevant Legal Documents: Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Purchase of the Needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: Creating Official Website for the Company: Creating Awareness for the business both online and around the community: Health and Safety and Fire Safety Arrangement (License): Opening party / launching party planning: Establishing business relationship with vendors – wholesale suppliers / merchants. Quality and price vary widely within each group. 26. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop. ... County, [STATE]. Below is the sales projection for Yvonne Stallone® Cosmetic Line, LLC, it is based on the location of our business and other factors as it relates to small scale and medium scale cosmetic and beauty care products manufacturing company start – ups in the United States; N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same products and customer care services as we do within same location. As a matter of fact, the industry’s adoption of eco-friendly practices will likely persuade environmentally conscious consumers to buy its products, while increasing operators’ efficiency. Get the Bplans newsletter: Expert business tips and advice delivered weekly. Yvonne Stallone® Cosmetic Line, LLC is a family business that is owned and financed by Yvonne Stallone and her immediate family members. This strategy indicates that a few of the traditional big players recognize the benefits, for themselves and the industry, of emerging niche brands. Easily write a business plan, secure funding, and gain insights. We know that it is going to requires hard work, and we are determined to achieve it. Article by Marie Arroyo-Bonilla. These products include herbal therapy packs, soaps, Saint-John’s-wort oil, balsam eye packs, salves, moisturizers, herbal bath bags, and bath powder. Chapter 1: Starting a Business Introduction If you have decided you want to create your own personal care or cosmetic brand, then you have also decided to start your own business. We have been able to secure a long term lease for a facility in a strategic location with an option of a long term renewal on an agreed terms and conditions that is favorable to us. In the past the volume of product required to produce a batch, and the cost of producing packaging have favored the larger players. Defines job positions for recruitment and managing interviewing process, Carries out staff induction for new team members, Responsible for training, evaluation and assessment of employees. Ensures that the plant meets the expected safety and health standard at all times. Bluespa represents quality in skin care, fitness apparel and accessories. Yvonne Stallone® Cosmetic Line, LLC is established with the aim of maximizing profits in the cosmetic and beauty care product manufacturing industry in both the United States of America and Canada and we are going to go all the way to ensure that we do all it takes to sell a wide range of cosmetic and beauty care products to a wide range of customers. Our cosmetic company is a new entrant into the industry but our experienced team is well equipped to... Mission Statement. SOS Beauty Kit BUSINESS PLAN 7 (2) Boxes, like Markwins box (Markwins website - Figure 5) or Benefit Cosmetics box (Benefit Cosmetics website -Figure 6), are also makeup keepers but are mostly used at home due to its size. We are well positioned to take on the available market in Hartford – Connecticut and every city where our cosmetics and products care will be sold and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base. Manages vendor relations, market visits, and the ongoing education and development of the organizations’ buying teams, Responsible for the purchase of raw materials and packaging materials, Responsible for planning sales, monitoring inventory, selecting the merchandise, and writing and pricing orders to vendors. We are aware of the stiffer competition and we are well prepared to compete favorably with other cosmetic and beauty care product manufacturing companies in Hartford – Connecticut and throughout the United States and Canada. We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time. Assists the transport and logistics manager in planning their route according to a delivery schedule. Color Cosmetics or Make up, Treatment or Skin Care, Fragrance and; Health and Beauty Aids, or HBA ,a broad area that includes everything from shampoo to foot products. Bluespa is a multi-channel concept, combining a wholesale distribution network with a retail strategy, e-commerce, and a consumer catalogue. Women can also request this service and we will send over small samples for the salon employees and customers, so women can see before buying and spread the word. The payment policy adopted by Yvonne Stallone® Cosmetic Line, LCC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America. The cosmetics business is a trade that requires little or no technical skills. When it comes to selling cosmetics and beauty care products, there is indeed a wide range of available customers. Today, technology has evolved to allow the efficient production of small batches. In summary, Yvonne Stallone® Cosmetic Line, LLC will adopt the following sales and marketing approach to sell our distilled alcoholic drinks; Despite the fact that our bottled water production plant is a standard one with a wide range of cosmetic and beauty care products that can favorably compete with other leading brands, we will still go ahead to intensify publicity for all our products and brand. Leave a Comment Cancel reply. With a rising awareness of a myriad skin hazards brought by the chemical-rich skin products, consumers these days are. Well, your success lies in how well your plans are written as well as implemented. Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. Choose a better location. Yvonne Stallone® Cosmetic Line, LLC is launching a standard cosmetic and beauty care product brand that will indeed become the preferred choice of residence of Hartford – Connecticut and every city where our cosmetic and beauty care product will be retailed. She has either experienced or read about the benefits (both physical and emotional) of a Day Spa. Notify me of new posts by email. Sample text from Beauty Products Business Plan: 1.0 Executive Summary. We have $100,000 of current borrowing. The face of retailing is changing. Archives Responsible for overseeing the smooth running of the cosmetic and beauty product manufacturing plant, Part of the team that determines the quantity of cosmetic and beauty care products that are to be produced, Maps out strategy that will lead to efficiency amongst workers in the plant, Responsible for training, evaluation and assessment of plant workers, Ensures that the steady flow of both raw materials to the plant and easy flow of finished products through wholesale distributors to the market. masuzi. 20 yrs ago, there were  25 day spas in America. Going forward, the industry’s diverse product lines and commitment to research and development will keep revenue growth stable. Cosmetics Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the … While IVA growth slower than GDP growth is typically indicative of an industry in the mature or declining stage of its life cycle, the Cosmetic and Beauty Products Manufacturing industry is still growing as it is still experiencing high rates of industry entrants and product development. She has learned the benefits of herbal therapy and aromatherapy. It is a fact that economic downturn affects purchasing power. We are in the cosmetic & beauty care product manufacturing industry to make profits and also to give our customers value for their money. Our ratios are well within prudent limits and our growth plans are challenging, but realistic. Essentials Of Cosmetic Business Plan. Payment via credit cards / Point of Sale Machines (POS Machines), The Total Fee for Registering the Business in the United States of America –, Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) –, Marketing promotion expenses for the grand opening of Yvonne Stallone® Cosmetic Line, Lacing the amount of $3,500 and as well as flyer printing (2,000 flyers at $0.04 per copy) for the total amount of –, Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium –, Cost for payment of rent for 12 month at $1.76 per square feet in the total amount of, Cost for construction of a standard cosmetic and beauty care production plant –, Other start-up expenses including stationery (, Operational cost for the first 3 months (salaries of employees, payments of bills et al) –, The cost for Start-up inventory (raw materials, and packaging materials et al) –, Cost for store equipment (cash register, security, ventilation, signage) –, The cost for the purchase of furniture and gadgets (Computers, Printers, Telephone, Fax Machines, tables and chairs et al) –, Generate part of the start – up capital from personal savings and sell of stocks, Source for soft loans from family members and friends. We are aware of the pricing trend in the cosmetic and beauty care products manufacturing industry which is why we have decided to produce various sizes of cosmetics and beauty care products. Easily Editable & … Firstly, with the help of our plan, you will be able to build a financial model of your business, taking into account the economic and obtaining forecast financial reports. These are the areas we intend generating our start – up capital; N.B: We have been able to generate about $200,000 (Personal savings $150,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $300,000 from our bank. We recommend using LivePlan as the easiest way to create graphs for your own business plan. Yvonne Stallone® Cosmetic Line, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Research conducted by IBISWORLD shows that the Cosmetic and Beauty Products manufacturing industry is in the growth phase of its life cycle, though it is likely to enter the mature phase in the near future. Get the Bplans newsletter: It offers beauty supply products to customers interested in hair pieces and wigs, cosmetics, hair treatment, beauty appliances, accessories, etc. We are in business to engage in wholesale distribution and to retail cosmetics and beauty care products to the following groups of people; A close study of the cosmetic and beauty care products manufacturing industry reveals that the market has become much more intensely competitive over the last decade. We will ensure that we do all that is permitted by the law in the United States of America to accomplish our business goal and objective. The consumer is looking for more holistic and healing benefits from her skin care products. But they have realized the need to acquire new brands and to keep their affiliation in the background. So, this sum to be charged periodically. In other to continue to be in business and grow, we must continue to sell our products to the available market which is why we will go all out to empower or sales and marketing team to deliver our corporate sales goals. This is why we will ensure that we put the right structure in place that will support the kind of growth that we have in mind while setting up the business. Cosmetics Business Plan Sample Pdf; Share this: Click to share on Twitter (Opens in new window) Click to share on Facebook (Opens in new window) Related. 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