Business plan for perfume manufacturing company

There are two major businesses centered on the perfume industry. You can combine the two businesses into one profitable enterprise. You will make lots of money personalizing and customizing perfumes.

Business plan for perfume manufacturing company

In-depth knowledge of chemistry and science is not necessary. Draft a business plan for the perfume business. At a minimum, include a mission statement; statement of initial goals; statement of three- six- and month goals in terms of a desired number of product offerings; the desired number of retailers reselling the products and desired cash flow; and financial forecasts, including startup costs and budget, income, profit, loss and cash flow statements.

Constantly update and tweak the business plan with real-world numbers as they become available. Investigate perfume recipes, or make distinctive blends by purchasing some small sizes of essential oils in fragrances that are of interest.

Spend some time getting familiar with the scents. Start Business plan for perfume manufacturing company scents together, make notes and through this experimentation arrive at a few favorite scents to mass-produce.

Additional Details

Research perfume bottle, tester bottle and sample vial wholesalers and the designs they offer for each type of container.

Choose a bottle shape and size to represent each of the fragrances, and contact the wholesaler that supplies this bottle. Also inquire about the tester and sample sizes. Arrive at an agreeable price for all the containers required and place an order.

Design a logo to represent the business, and incorporate the logo into a range of promotional materials. Make mock-up business cards, a promotional brochure, a label for the bottles and an ingredient list to hand to potential resellers. Print these out or order their production from a print shop.

Formulate whatever other packaging is desired for the perfume to make it a finished product, like boxes and bags or other outer wrapping. Find wholesalers for these items, inquire about price and then place orders.

Fill the bottles, testers and vials with the various fragrances intended for market. Fix the labels to the bottles, then arrange the bottles in any additional outer packaging.

Investigate options for a sales presentation display case or carry mechanism, to appear professional and organized when making cold sales calls on potential resellers. Also devise a small commercial display for retailers that agree to resell the product.

Create a website, regardless of whether sales via the site are intended. Take into consideration all the money spent on the above steps, including the variance in price of the individual essential oils used to make the individual scents, then arrive at a price list for the scents in the perfume line.

Print or order professionally printed price lists to include with the promotional material and ingredient lists provided to potential resellers. Make a list of retailers that fit the image desired for the perfume. Eliminate retailers such as department and convenience stores. Either call the target retailers in advance and make appointments with the buyers for these establishments, or physically call on them without an appointment and ask to speak to the buyer at that time.

Decide on a company to mass-produce the scents that are the final choices for the perfume line. When interviewing these potential mass producers, ask if they also handle packaging.

Discuss pricing for contracting part or all of the manufacturing and packaging costs, including minimum orders and the price per minimum orders. Arrive at a contract that fits the needs of the business at this stage of its development, and incorporate an option to expand the contract as sales and demand increase.

Design a display booth, order plenty of each piece of promotional material from the printer, register for a few shows and man the booth for the duration of the shows.Annual print edition subscription includes: 10 issues of Warsaw Business Journal; Book of Lists; Warsaw Business Journal brings readers the stories, companies, personalities and successes that are driving Poland forward and creating the Polish market.

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Business plan for perfume manufacturing company

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