1. Setting Up A Cosmetic Business
TABLE OF CONTENT
-INTRODUCTION
-SETTING UP A BUSINESS
-PROCEDURES AND REQUIREMENTS
1. Company Name
2. Determining the business type
3. License and legal permits
4. Business plan
5. Raising money
6. Finding the site
7. Registration
8. Training/Hiring employees
9. Getting started
-EXTERNAL ENVIRONMENTAL FACTORS
a) Economic Environment
b) Social and Cultural Environment
c) Technological Environment
d) Political and Legal Environment
e) Ecological/Natural Environment
-THE MARKETING MIX
1. Product
2. Pricing
3. Place
4. Promotion
-CONCLUSION
-REFERENCE
INTRODUCTION
People spend most of their lives working for someone. Some people eventually rise to positions of wealth and power, while the rest languish in unchallenging and low-paying jobs. On the other hand, there are a select few who strike it out on their own, rather than work for others. They put up their own enterprise.
Having your own business has tremendous rewards, but be sure to weigh prospective returns against potential risks and losses. When you have your own business, you will most certainly have unlimited potential to earn money. How much money you earn depends on the time and effort you put into your industry. Successful entrepreneurs have earned their wealth and prestige through hard work and by having the right product for the right market at the right time.
We are going to discuss the procedures and requirements of setting up our own cosmetic business.
1. SETTING UP A COSMETIC BUSINESS
Cosmetic has become a very profitable venture as people are becoming more conscious about the way the look including desire to have perfect appearance of the body, with no discomfort. We as a company are running a cosmetic company
PROCEDURES AND REQUIREMENTS
1. COMPANY NAME: The name of the company we choose is Beauty Cosmetics. We chose this name because our end users are mostly female, they may find the name attractive.
2. DETERMINING THE BUSINESS TYPE
The type...
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