Liquid soap making business includes a wide range of processing, packaging and marketing operation. The business also demands extensive market research and marketing strategy. Liquid soap is a consumable item and the demand for it is increasing in rural and urban area both. Total annual soap sale by branded companies is estimated at 14000 tones, while a total soap market is considered to be about 126000 tones.
Liquid soap includes a variety of soaps like liquid detergent, body wash, car wash, hand wash, baby soap, dish wash etc. Every types demand different types of licenses and permissions from different Govt. authority. Entrepreneur having knowledge about chemical consumable industry or having experience in this field can initiate this venture with substantial capital investment.
Plan for Liquid Soap Making Business
Create a comprehensive business plan for liquid soap making business. Determine the type of liquid soap that you will be making. In initiating a manufacturing business it is recommended to have a sample project report in hand. Calculate startup budget with fix and working capital needed. Consider the expenses for legal compliances. Clearly fix your marketing and promotion strategy and expenses. Check the water ph balance of the location where you are going to establish the unit. Choose an attractive catchy name of your product.