Are you interested in starting a HCG business from home? Do you need a sample HCG business plan template or feasibility study report? If YES, then i advice you read on.
There are loads of businesses anyone seeking to become his or her own boss can engage in and make steady income that may help him or her pay his or her bills and still have enough money to save. The truth is that many people are trapped in the corporate 9 to 5 jobs and they don’t know how to come out and get a grip of their time.
The first step to follow to be able to be free from the stereo – typed 9 to 5 job and become your own boss is to look around you and see what problems you can solve for your community.
Why Start a HCG Business?
One of the businesses you can easily start from your home with less stress is HCG (Human Chrorionic Gonadotropin) business. The HCG business is indeed a profitable business to start because loads or women and even men who want to lose weight definitely look for ways to do it and HCG happens to be one of the healthy ways of loosing weight.
One good thing about HCG products is that it can help an individual loose weight without any negative effect (hunger or weakness inclusive) on the person. HCG products are also approved for the treatment of fertility issues and they can be purchase over the counter based on prescription.
Because of the popularity of HCG among those that are trying to lose weight, there are people wondering how to start a HCG business. With their involvement on diets as well as their inclusion in medicinal drops, they have become the weapon of choice for those that want to become slimmer. And why would it not become popular as it was proven to be effective by thousands of people.
In fact, HCG has been articulated in popular TV shows such as Oprah and other news shows. With legitimacy and credentials like this, it is so tempting to learn how to start a HCG business. But before we get to that, we should discuss first what HCG is.
But before I go into the details of starting a HCG business, I want to emphatically state that the information provided in this article does not in any way replace the need for you to conduct a feasibility study, write a business plan and do your own due diligence.
Secondly, the information shared in this article is applicable to any locality; be it USA, Canada, UK, Nigeria, Ghana, etc. Without wasting your time, below are creative ways on how to start your own HCG business from home with little or no money.
What is HCG?
As they say, before you can start any successful business, you must know your product first. This is why before I’ll teach you how to start a HCG business, it is important to know first what HCG is. For starters, HCG means Human Chorionic Gonadotropin. This is produced during pregnancy, it is a glycoprotein hormone that has a primary function of maintaining the corpus luteum.
Also, it is known to be used clinically to induce ovulation for women and to increase testosterone production for men. But its use as a weight loss alternative first came out in Albert T. W. Simeons’s book Pounds and Inches, wherein he recommended the use of HCG together with an ultra low calorie diet (500 calories or less) in order to lose excess adipose mass. After this work, it has been popularized and endorsed by different individuals and groups.
As it is known to be an effective supplement, there are many people that have been asking how to start a HCG business. In fact, it is known to be a very successful business, with sales results being healthy. By selling wholesale HCG, you are setting yourself up to succeed in this lucrative business.
How to Start a HCG Company – Sample Business Plan Template
1. Read Up all you can about HCG
It is advisable that before you delve into any venture, you should first of all take your time to read up all you could lay your hands on as regard the line of business. The truth is that the information you will get from your study of the subject, will guide you in making the right decision. So before you invest your time and hard earn money in HCG business ensures that you read up all you can find about the business.
The first step to starting a HCG business is to have great convincing powers. Natural business acumen helps on this one, but nothing beats being able to attest to the product’s effectiveness based on firsthand experience.
This is why the people that have experienced using HCG are the ones that have the highest potential of becoming great HCG sellers. While this is not a requirement, it is going to be a huge advantage. Also, knowing how the HCG diet works is going to be a huge help.
As a matter of fact, you should find also out if you will require a license before starting your own HCG business, you should be able to know if HCG diet / products are allowed to be sold in your state without a prescription from a doctor and other useful info that will help you with your business plan.
If you choose to start your own HCG business as a retailer, or as a wholesale distributor or even a manufacturer, the right thing for you to do is to sit down and write your business plan. No matter how you choose to start your own HCG business a good business plan will help you start on a good foundation and perhaps you can even use your business plan to raise start – up capital.
3. Get the Required License
You need to check up with your local authority to know if you would need a license to go into the manufacturing of HCG products, or the retailing of HCG products. Even if HCG is on – the counter products, you are mostly likely going to sell to your clients only if they come with prescriptions. So, if you have found out and you know that a license would be required, get the requirements and apply for your own license.
4. Choose how you want to run your own HCG Business
There are various ways you can start your own HCG business; you can choose to start as a manufacturer especially if you know you have the required capital, and you can also choose to start as a wholesale distributor or a retailer.
In whatever ways you choose to start, you can be rest assured that you are going to make good returns on your investment. Another easy way of starting a HCG business is to buy a franchise or enroll with a multi – level marketing company that distributes HCG products.
5. Rent a Shop / Office
If you choose to start your own HCG business as a retailer or even a wholesale distributor, then you should rent a shop. Your choice of location for a shop should be a place that is in a market district or in the midst of a residential area. But make sure you check with the local authority in your area to confirm if the facility you intend renting can be used for the purpose you want to use it for.
6. Establish Contact with HCG Manufacturer
If you choose to start your own HCG business as a retailer or a wholesale distributor, then you should establish a business relationship with a manufacturer. You would need to locate where you can get supply of HCG products (oral drops, pellets, and sprays). If you are good with bargaining, you can get HCG products at a very friendly price.
Even if you are into retailing or wholesale distribution of HCG products, you would still need sales reps. So when you are drafting your business plan, you should be able to consider how you would want your sales rep to operate. It is important to place your sales reps on a basic salary and commissions. One of the qualities you need to look out for when hiring sales reps is their ability to meet targets.
Lastly, if you are into the sales of pharmaceuticals or if you run a pharmacy, it might be much easier for you to add HCG products to the list of products you sell. No doubt if you can successfully launch your own HCG business, you can be rest assured that you will break even within record time if you are diligent and hard working and if you are fortunate to be in a location why wellness and weight loss is in vogue.
There you have it; the 7 steps you need to follow to start your own HCG business from the scratch.