Smarter goals

Turning Your Resolutions Into Attainable, SMART Goals 2016

Originally written and posted on our blog in 2010 and revised in 2014.  This information is still relevant and important, so we are sharing it here as well.. Now that you have some New Year Resolutions for your business, it’s time to turn those resolutions into business goals. This is how you actually get things accomplished. Here is the SMART method …

Resolutions

Top 10 Soap and Cosmetic Business Goals 2016

After the holidays, it is only natural to look forward to a fresh start in 2016.  In doing so, it is common to make resolutions for the new year.  The problem that people run into is the lack of follow through.  Let’s take a look at some of the top business goals you may have already added to your list …

Woman applies facial mask

Developing Skin Care Line – Skin Types, Beauty Routines

 This article, Developing Skin Care Line – Skin Types, Beauty Routines, is part one of two of an article that first appeared in the Saponifier Magazine.From Cleopatra’s luxurious milk baths to the 21st century’s anti-aging craze, people desire beauty.  There are many types of products that people believe will give them what they are looking for from soaps to color cosmetics.  For this article, the …

FREE Startup Costs Worksheet for New Businesses

FREE Startup Costs Worksheet for New Businesses

FREE Startup Costs Worksheet for New Businesses Enjoy this handy worksheet for estimating costs for starting a new business. This could be used for any business, not just soap and cosmetics.  Click on the image above to reach the PDF. Free for personal or commercial use. However, you may not sell this worksheet or claim it is your own. You …

How to Adjust Your Prices While Maintaining a Profit

First, you may want to read the two posts that lead to this article.  3 Pricing Strategies for Small Business How to Price Your Products for Profit Let’s say after reading my previous pricing posts, you feel your prices are way too high for your market.  Perhaps, you did your calculations using the formula provided and your price per bar …

How to Price Your Products for Profit

Our previous post discussed pricing strategies to consider.  If you missed it, you can find it here.  In this article, we will take you through the next step – pricing your products.  Let’s walk you through the formula.  While this example is for soap, the formula will work for any product.  Formula Materials + Labor + Expenses + Profit = …

3 Pricing Strategies for Small Business

Pricing Primer Pricing products is a tricky task. When running a business, you want to make a profit, but you don’t want to price yourself out of the market. There are numerous formulas listed on the Internet you can try. Before diving into formulas for pricing, consider your pricing strategy and how this will align with your marketing. Strategy #1 – …

When Another Business Steals Your Ideas

It is bound to happen.  You painstakingly come up with original ideas to make your business a success and someone comes along and copies you.  It occurs often, even to big companies.  If your business is a success, there will be cloners.  Annoying as it may be, ideas are simply not protected.  As long as copyrighted material (text and images) …

Soap and Cosmetic Business Start-up 101

Starting a new soap and cosmetic business?  You will most likely need to meet the same requirements as any other new business.  Here are some registrations that may apply to you.    Business Licenses Contact your city’s business license department to find out about getting a business license, which essentially grants you the right to operate a business in that city. When …