Business Plan
Business Plan
Business Plan
Business Plan
Handmade Soap Bar
Nature’s Lap
1) Executive Summary…………………………………1-2
2) Industry Analysis……………………………………2-3
3) Market Analysis…………………………………….3-6
4) Marketing Plan……………………………………..6-8
5) Management and company structure……………….8
6) Operation Plan……………………………………...8-
10
7) Product Design and development………………….10-
11
8) Financing………………………………………….11-13
Business Plan
Homemade soaps bars
Name: Nature’s lap
1) Executive Summary
Business Type : Sole Proprietorship Online Firm
Coverage : PAN India
Location : Meerut, Uttar Pradesh, India
Key Objectives:
To provide the natural skin care products without harsh
chemicals
To nourish the texture and hydrate the skin
Solution to all skin problems
Transparency of ingredients for customer’s satisfaction
Making the product available at best price targeting the
medium income groups as well as
Targeting the Higher income group through product’s
100 % natural ingredients
Simple method of production
Local women empowerment
Medium of advertisement through public influencers and
social media marketing
Simple and classy packaging for giving our customer a
lavish touch
Key Ingredients : Glycerin, Neem, Aloe Vera, Rose,
Hibiscus, Powdered milk, Coffee and Green tea, Leamon
grass, fenugreek seeds, Olive oil, Vitamin C and E
2) Industry Analysis
Handmade soaps and shampoos are generally made from
plant-based ingredients like natural oils & pure herbs of
different flavors. They are produced by using traditional
methods in small batches. Handmade soaps and shampoos
contain glycerin which softens and moisturize the skin and
hair. These soaps are organic in nature and free of chemical
additives such as parabens, SLS, and other petrochemicals
products.
Soap Industry
The global soap market size was USD 34.09 billion in 2019
and is projected to reach USD 55.29 billion by 2027,
exhibiting a CAGR of 5.0% during the forecast period.
Bathing bars with attractive colours and fragrance are gaining
more popularity these days by the end users
2.1) Scope of Handmade Soap in India:
Soaps come under the category of ‘Organic and natural
products’, that is only if you manufacture a soap without any
added chemicals and in a natural way.
Over the years, people have realized the importance of using
natural and homemade products that are beneficial for their
health and skin. Hence, Organic or natural, homemade soaps
already has a huge market to be explored, especially in India.
3) Marketing Analysis of Soap Making Business
The soap making industry is highly lucrative and competitive
at the same time. With the industry stable and growing,
growth rates of over 4% have been witnessed since 1998. The
soap making industry is quite fragmented and in the past, big
brands commanded a huge market share. However, this has
changed a lot with the entry of small soap making businesses.
Given the fact soap is practically used everywhere, the
demand keeps increasing. In this soap making business plan,
the business has identified the opportunities it can tap into to
generate revenue.
3.1) Market Segment
In order to effectively meet the market needs, Nature’s lap
plans to sell different types of soap products catering to
different need of customers for instace
The Nature’s lap bar comes under different varients:
1. Hydrating bar
2. De-tan bar
3. Anti-pollution Bar
4. Anti-acne and scars Bar
5. Anti-pigmentation Bar
4.2) The brand will also use amazon platform to sell and
market the product
4.3) Instagram will be used to reach the create an elite client
base, vigorous marketing will take place on instagram.
4.4) Free samples to instagram influencers for having their
reviews and testimonial of the brand
owner
Instructor
Soaps that speaks for itself: Nature’s lap design soaps that
outshine the prime ingredients through its shape and colour or
either one.
The Aloe vera soap comes in the shape of a plant’s leaf, with
a key active element at aloe vera and honey
freshness of user alive come in the colour assoiciated with
watermelon and watermelon extract and mint extract as key
active ingredients
Coconut oil is used to create the soap base and then the
additional ingredients are mixed.
6.2) Product Development
7) Financial Projections
6.1) Fund REquirement
Thetotal investment that would be required for starting the
Handmade Soap Making Business in India is as follows.
CONTENT AMOUNT
Small Scale 1 to 3 lakhs
Medium
5 to 10 lakhs
Scale
Particulars Amount
Application form 31 3500
Government and Inspection 5000
fee
Estimated labour Cost P.M 418*4 = 1672
According to labour law
Estimated Raw material cost 50,000
Estimated Fixed cost 2 Lakh