Forums: Discussions for entrepreneurs and small business.

Neutraceutical companies have been showing profits inspite of other companies having to downsize or even close down in today`s crashing economy. What would be involved in setting up my own neutraceutical company?

I wonder if you mean "nutraceutical?"

Nutraceuticals is a good busines to venture in at a time like this. But while the profits are enormous, it`s not easy to make a niche for yourself in this industry unless you are fully aware and an insider in the nutraceutical industry for a number of years watching trends come and go, knowing what will and will not work. If you are new to this field but serious about starting this venture, please visit a contract manufacturer who can help you formulate your line of health products, provide you information on the latest research on nutraceuticals and what kind of products that the market is open to. After doing this, please sit and consult with business advisors who can help you through legal matters and provide you financial analysis and projections for your venture. Because this industry is new to you, you may need to rely on a reputed contract manufacturer.

Idea, Value and Dream.

Thanks for all your replies, especially Steve - for the encouragement. Stanley suggested a contract manufacturer. Would you guys have any recommendations?

Hey there-

Depending on the type of product line you`re interested in developing I may have some recommendations. I`ve worked with a number of different firms here in the U.S., South America and Europe.

Thanks,
RF

Mostly "private labeling" of a product.  There are companies