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With the amount in your hands you can decide on the kind of cosmetic to buy; which should be the priority and the quantity to go for. Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. Visit the CAC website and find out all the needed information about the registration. Skin care products include, but not limited to the bleaching cream, moisturizing cream, age defying, anti acne cream and so many other skin care products just to mention a few. Please guide me. You can find more about this company by visiting them. Related: How to become a fashion model in Nigeria. This will make people know you and your products, if your advert is good enough people will begin to look for you wanting to patronize you because of your good advert. Nothing should hinder you from starting a makeup business so far you have the passion for it. The registration of the business is necessary for you to work within the law. In this article, you will find a detailed guide cosmetics business in Nigeria. In the market today, there are many makes and brands of body creams and lotions and they all come expensive. Hire professional designer to create a stylish interior, business cards, showcase, and all other stuff. As a makeup artist, you can make a whole lot of money daily, weekly, and monthly. Do i need to register my business in Nigeria, as i will taking my goods from China. The startup capital should cover basic costs. Everybody wants to look and feel good not minding what it cost to achieve that, this has actually made many smart entrepreneurs find themselves in this business. Every business has its own requirements, pros and cons and makeup artist business … This is another important point, the customers should feel the atmosphere of beauty in your shop. How you advertise your product matters a lot, advertising is very important. The team comprises professionals and Consultants from different fields of human endeavour. READ ALSO: Cassava processing business plan in Nigeria, Leave your email to receive our newsletter, Get the hottest stories from the largest news site in Nigeria, Drop your mail and be the first to get fresh news, Businesses with low capital you can start to get high profit in Nigeria. The content on the InfoGuide Nigeria is provided as general information only. Some examples of cosmetic businesses that followed this line include Make-Up Forever, M.A.C. They are Dark and lovely, Mega protective, Expression, Amingo, Noble, Supreme, Chocolate, and, Dr. google_ad_client = "ca-pub-9755093768544960"; Small-scale business idea: VTU in Nigeria, Promote your fish farm with this business plan. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. It should be a very detailed plan, even if you start a small scale business. The customers trust more to registered legal entities. It is as important as food. For instance, you are setting up your shop you must include the hair extension section, the skin care section, the personal care and toiletries section and many others this will make your shop look beautiful and everybody who pass by would want to patronize your shop. Below are some of the companies which produce some of the fast-selling products in the market. To be extremely successful in this business, you will not just  restrict yourself to one aspect of it, you must at least have all the different sections available in your shop. Our skin needs adequate care to make it look smooth and glow with utmost comfort. Of course, it is undoubted that the figures can only continue to … For example, you chose skincare and makeup products. Please guide me. How to Start a Cosmetics Business in Nigeria How to Start a Cosmetics Business in Nigeria: The cosmetics industry, according to estimates is valued at and churns in on a yearly basis, billions of dollars. Wow… This is all encompassing, having every details necessary to startup a cosmetic business. If you directly buy products like the hair extension from the manufacturers, once you meet up with their target monthly you will definitely be rewarded with some cash, the exact amount depends on the company and what they produce. Identify your niche and target market. Below are the requirements to start a makeup business in Nigeria: 1. Register your business. The author may or may not have a financial interest in any company or advertiser referenced. Winning formula: how to start tissue paper business and succeed? You can either choose to start-up this business on a small or large scale, it all depends on the amount of capital you have with you. You need to settle one particular product group, make sure that the products of this group have a good demand. Generally, unemployment has become more rampant among the thousands of young and old graduates in Nigeria, and because of this, a lot of people had gone into so many entrepreneurial ventures of which the makeup business … How would i start with. In this article, I will show you how to start cosmetics business in Nigeria. How to start your own cosmetic, beauty and personal care products business in Africa Regardless of the amount of capital you have or how much you know about beauty and personal care products, this is a business you can operate on your own, from your home, and on a low (or huge) budget. An effective option for starting your own cosmetics business is to sell the … The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. The beauty industry is a large, multi-faceted one and the sheer scope can leave you overwhelmed. Is there anybody that can give me brief idea of the list of iteams to buy first,where i can get them at cheaper price in lagos, and like how much can i use to start the business.tanks The desire to look good is one of the few constant characteristics of the society, which is exactly why a cosmetics business has never seen a bad day. This article will open your eyes to this exciting and lucrative business opportunity and how you can make money from it. If you are able to get locations in a busy shopping complex very close to the general market, or close to corporate offices. These are fastest growing beauty products manufacturers in Nigeria. Makeup products help people to be more beautiful, and skin care products allow to maintain the health and freshness of the skin. October 30, 2018. READ ALSO: Cashew nut processing business plan. one of my African friend told me that i need to get ready of 200,000naira to … The next hurdle to scale after mapping out your business plan is to get your … Clinique, Mary Kay, Black Opal, and many other recognized brands internationally. It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. Read more… Terms of Use. 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 … I mean a very busy environment where people and vehicles move every time. Cosmetic business is a Profitable business if well managed. Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. Here is the step-by-step plan on how to start such an enterprise in our country. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. i want to open a cosmetic shop,in my university in osun state, where i can sell creams, perfume, ladies attachments, an others. To start a makeup business in Nigeria, it is not as difficult as some writers would make us to believe. The cosmetics industry is developing at high speed, and your business plan should consider this fact. Your email address will not be published. Their product comes in the form of attachments, wigs, and weave on. You can visit their websites to know more about them. How To Start A Makeup Artist Studio Cosmetic Business In Nigeria. This is a significantly important point. There are different markets where you can easily access to buy your products, and those market are as follows in Nigeria, the Mushin market, the Dosunmu market in Lagos Island, Balogun market also in Lagos Island, Trade Fair market along Badagry Expressway. The main steps to start a cosmetic business in Nigeria . Knowledge/skill: This is very important for any business you ever want to start. For a makeup studio, we need the above mentioned in more quantities, a shop, mirrors, suitable chairs, good decor to make your studio look attractive. Looking good and feeling good is a serious business. I am Malaysian, I would like to open a cosmetic shop in Nigeria. Use email marketing and social media platforms such as Facebook and Instagram to declare and promote your brand. There are distributors of these skin care and hair care products that are well known for quality and originality they are: Bicu shop at Apongbon street Lagos Island, Dupe cosmetics at Moshalashi street in Lagos Island, Kudi cosmetics in Balogun market Lagos Island. Tools Needed for Starting a Makeup Business in Nigeria The basic tools include: Brushes, powders, foundations, contouring sets, Lip balms, lipsticks and lip glosses, wipes, a makeup kit holder. If you wish to make a name in cosmetics retail boutique business, read on as I reveal to you the powerful tips to do so. Sell Your Products Online. Starting a Cosmetics business in Lagos-cost & profit. As a matter of fact, as an individual you can start makeup business anywhere you find yourself in the country. ACCOUNT NUMBER: 3066880122. These are the number one fast selling cosmetic product. Save my name, email, and website in this browser for the next time I comment. Why start a makeup business in Nigeria? You should rent a shop if you can’t afford to build one in a strategic location where you can be easily accessible. In short, a proper commercial location is the best place to set up this business. How to Start Cosmetics Business In Nigeria. COSMETICS BUSINESS PLAN IN NIGERIA. Every woman both old and young wants to enhance their beauty with the help of foundation products, concealer, lip gloss, lipstick, mascara, eye-shadow and lots more. The main steps to start a cosmetic business in Nigeria Such business as beauty and fragrance store can be an easy-to-start enterprise if you decide to start on a small scale. that is, you can start small, or jump into the large zone. So, it is better to settle to a particular niche, it will help you to follow a clear direction. we respect your privacy and take protecting it seriously. Here we publish several helpful articles in various categories, such as how-to articles, where to find things, resources, business, interviews and reviews. The cosmetics industry in Nigeria; How to start a cosmetic business in Nigeria; To get your sample Cosmetics Business Plan in Nigeria, pay N10,000 to: BANK NAME: FIRST BANK PLC. The average Nigerian woman spends about 5% of her monthly income body creams, bathing soaps, hair creams, hair relaxers, face masks, powder, and more just to look different from every other woman around them and to attract men. I am Malaysian, I would like to open a cosmetic shop in Nigeria. Everyone uses some cosmetic products, for example, soap, shampoo, deodorants, and of course women can’t live without pomade, perfume, hair dye and so on. Your startup capital should cover all the costs including renting, furnishing and acquiring of the products. Every business can easily fall without a proper business plan. You can advertise your product through different social media, through the world wide web, through fliers, newspapers, advertising by simply telling neighbors, family, and friends. Our aim is to provide daily living guide for Nigerians and her friends. This is the second best selling cosmetic product now, especially among women. One can find these distributors in such places as: READ ALSO: Small scale business in Nigeria with little capital. The startup costs and recurring expenses should be included in your plan. Cosmetics Business Plan in Nigeria. Start with a creating of a website, it should be user-friendly, simple and available at any device. Do i need to register my business in Nigeria, as i will taking my goods from China. It is actually interesting. Getting your mindset sorted… They include toilet papers, bathing soap, sanitary towel and so many more. The Cosmetics Business if properly managed is a very lucrative and profitable business that needs a lot of strategic Planning to start and a business and that is why we have decided to introduce you to our recently updated cosmetic business plan in Nigeria. google_ad_slot = "8444795376"; It can be not so capital intensive, and you just need to choose the right brands and support a good level of stock keeping. Pay attention to such costs while planning startup capital: It is advisable to team up with cosmetics distributors to maximize profits. The business of cosmetics does not require much capital for the startup. You can start the business on a small-scale with #200,000 and a … Let’s consider the steps of starting your cosmetics business in details: The important point to start with - get as much as possible of qualitative information about this kind of business. However, for you to be able to make it big in this business; you have to be dealing on different varieties of Cosmetics products and that requires large capital as you will dealing in cartons. This is one of the reasons why you have got to look at starting a business in Nigeria. This product can be divided into two basic aspects namely: This product has too many types, it could be the attachment or weave on which is usually attached to the hair to enhance ones’ look mostly used by females. Others are beauty products such as face powder, lipstick, lip-gloss, and other stuff. You will need to follow due processes like locating their office address. How you beautifully display your goods is also another medium of advertising, if your goods are beautifully displayed, passersby would like to see what other things you have in stock and this would definitely be a way of patronizing your shop. People with low profile patronize those selling cosmetics, this does not mean you should set your shop in an area where you alone can see yourself. How would i start with. Starting a cosmetics business in Nigeria is lucrative and exciting. You can also start cosmetics distribution business on your own and became the distributor. Most of these local producers will bring their products to your door step once they know you. Cosmetics is basically applied on the face and all over the body. Pay attention to such factors: READ ALSO: How to write a business plan in Nigeria. All you need is a strategic location for your business, then all you have to do is go ahead and sell your products. Aside from that, you need to register with the company at a cost and follow some other procedures introduced by the company. It all depends on the amount of capital you have with you. Cosmetics Business Plan In Nigeria this Feasibility study on Cosmetics Business is essential when setting up a cosmetic / beauty shop and can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Example, you buy the products directly from manufacturing companies, but, can. You to follow due processes like locating their office address some deodorants concepts from! Have got to look at starting a cosmetics business Privacy and take protecting it seriously in! Choose the most demanded products to start a successful beauty entrepreneur involves working on yourself way..., i will show you how to start cosmetics business in Nigeria and start. This case, you will find a detailed guide cosmetics business plan in Nigeria start-up. 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