Could You Start Your Own Cosmetics Business?

by Perry on 05/15/2009

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I’ve always believed that the smartest people in the cosmetic industry are the scientists who make and test the products. Which has always made me wonder why more of them haven’t gone out to start their own companies. It’s easier to do now than ever before, only a small investment is required and it can be done in your spare time.

This story about a YouTube user who got so popular that she was able to start her own cosmetics company might be just the inspiration you need.

Of course, this is not to suggest you must go out and start your own company to be a successful cosmetic scientist. But if you’ve ever thought about it, why aren’t you doing anything about it now?

What do you think is holding you back?

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{ 8 comments… read them below or add one }

1 Gloria 11/28/2009 at 1:42 am

I know what is holding me back. I don’t know where tio beginn. I have 2 degrees in chemistry, but I dont where I should start. I don’t know about formulations, where do I manufacturer. How do I market my product. Do I need a loan or can I get a grant…

2 Doug Erick 01/06/2010 at 1:42 pm

Started my dream in September. I have always worked for startup companies. It is my time. Yes the startup can be relative inexpensive… but that changes quickly. I guess the trick is to keep sales ahead of costs. Dah. The other trick is to think at least 3 to 6 months ahead. A partner who’s strengths match your weakness helps.

3 Renata 01/14/2010 at 2:51 pm

I always wanted to start my own hair care product. Since being a young girl I used to collect herbs and make my own potions, tonics and masks for hair and face. I have very nice long hair and often people stop me on the street asking what products am I using. I am determined to finally do something with this dream of mine to start my own line.. but I have no knowledge of formulations, I am not a chemist..and don’t even know any. I have just came across this website and hope I will find some answeres here, thanks

4 Mike 01/30/2010 at 6:14 pm

I am trying to get started to have my line of cosmetics but i did not find it easey at all. Having no previous experiance or any contact in trade is hard enough but hve a will power to do it. I appreciate any help from anybody for practical advise.

Thanks

5 Doug Erick 01/31/2010 at 1:17 pm

Mike and Renata
There are several aspects to starting a cosmetic line. FDA regulations, you must know them so that you stay in compliance. Some of the crafter soap making websites can help you with some of the basic rules. My advice is to read the FDA regulations directly. Formulas can be as easy as purchasing bases from crafters websites or if you are capable and you can make your own product. In the case of manufacturing your own products, Happi magazine usually publishes starting formulas. Chemical companies also publish starting formulas. Don’t get over your head. If you don’t have the knowledge find it yourself or someone to help you. These are products that will be applied to others, there is a responsibility of the manufacturer to produce safe products. Then you also have to market and manage your business. Good luck

6 Perry 01/31/2010 at 8:26 pm

Doug – thanks for the info!

7 Sara 03/13/2010 at 12:20 pm

Hi

I am in the process of starting a skin care line.
Several contract manufacturers offer a route to
formula ownership after a set number of years and sales.
However it is very expensive. What are peoples thoughts on
formula ownership? At first thought, I wanted to own my formulas. But I now I am not so sure, considering I will have a contract with the manufacture giving me exclusive rights to the formula. I also have no real desire to manufacture the products myself. My only concern is if I am unhappy with the services of the manufacturer and I want to sever the relationship, they own the formula. Any thoughts, advice??

Pros –
Have ownership
Can change manufactures
Can manufacture the products myself.

Cons – Very expensive!! to purchase formulas

8 Doug Erick 03/24/2010 at 9:03 am

Sara
1. You have no desire to manufacture.
2. You seem happy with the products.
3. You are unhappy with the price.
4. You can always seek prices form other manufacturers and use then as a bargaining chip. You can do this at any time as long as your contract with your current mfg doesn’t restrict you. As your sales increase your clout will also.
As for not having the formula you do… the ingredient list includes every thing in the formula by law. some things in that list are at set percentages so part of the formula is easy to pick apart. The rest can be roughly figured out by a chemist. There are companies that will for a price do this for you. Other contract packagers employ these type of people and use them to get new business. They will do this for free for your business. If you current supplier falls flat on his face with service, all is not lost. Be smart in your contract with your current supplier make sure a lawyer looks it over. Then you are free to do your job. sell sell. good luck.

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