You don’t need to be a chemical engineer with a university degree to start your own chemical formulas business – either from home or your own workshop. The profit margins in the chemical manufacturing industry have been kept secret. It’s a multi-billion dollar industry with very few players considering the size of the market and the huge demand worldwide for cleaning and cosmetic products. Chemical formulas are used by everyone everyday – you can choose to be the customer or the manufacturer.
To start a business making chemical formulas is not difficult and not expensive. In fact, compared to most other businesses, the start-up cost is extremely low, and the profit margins much higher than most franchises or traditional businesses can offer. To have your own chemical formulas business you don’t need to buy a franchise, invest a large sum of money in a fancy shop-front, and be restricted by rules and geographical boundaries. Chemical formulas, such as detergents and other cleaning products, can be made for many markets – domestic, commercial and industrial.
Apart from use in homes, offices and workplaces, cleaning products are used daily in industries as diverse as hospitals, transport companies, hotels, restaurants – the list is endless. Cosmetics and toiletries are equally popular. Apart from being used by all members of the family everyday, there’s a huge market in hair and beauty salons, spas, pharmacies, gift stores, accommodation facilities, etc. Because of the low costs involved in making chemical formulas, the profit margin is so great – usually between 500 – 1000 %. This also makes it an ideal avenue for fund raising. Because chemical formulas are everyday necessity items, they’re much easier to sell than many traditional fund raisers such as chocolates, cookies and candles.
Cleaning products and toiletries provide highly successful and highly profitable fund raising opportunities for service organisations, sports clubs, schools, charities and many other avenues. If you are looking to start your own business, either from home, a workshop or shopfront, making cleaning products, toiletries and cosmetics is one of the easiest and most profitable industries.