- Group Name: Lori-M
- Project Name: Lori-M
- Type of Venture: Natural Cosmetics Manufacturing and Sale
- Start Date: January 2014
Description of Project:Description of Venture: Lori-M is a natural and handmade manufacturing business. We serve the health conscious by providing them with products made in Jamaica, from Jamaican herbs which enhance beauty and treat many ailments at a fraction of the cost. We promote holistic health practices because we want people to live life to its fullest while life last. In order to make a profit and continuously expand our customer base, we operate in an environment that is liberating to the unemployed by promoting creativity, natural ability and a desire to reach one’s full potential.
Aim of the Venture:Our aim is to have distribution points in all fourteen parishes, followed by an increasing global presence.
- Increase sales volume by 400% by the end of 2016
- Significantly increase the number of individuals empowered to independently resell the products by next year
- Increase profit by 30% in 2016
- Reduce expenses by 15% by the end 2016
- Purchase a motor vehicle for the business
- Increase the visibility in the business through print and electronic media
Our Background:When we first started out, we did not intend to do a business to benefit the wider public. We were doing a research on soaps and when we found out the amount of chemicals that were in the soaps that we were using, we finally decided that we did not want to be putting so much chemicals on our body. We recognized that people are very concerned about their health and are very careful about what they eat and drink, but despite the concern about their health not very much regard is shown for the skin which is the largest organ of the body. They don’t show much respect for it and they put almost anything on it. However, we are concerned about our health and are very careful about the things that we practice, so after researching, much research, experimentation, much trials and failures we came up with a formula that we were comfortable with so we started making our own soap. After using these soaps and realizing the benefits that we derived from them, we finally decided that we couldn’t keep it to ourselves, we have to introduce it to the wider public. After developing a love and a passion for this we decided that we would do this as a business and share what we have found with others as well as empower ourselves through self-employment and from doing so we came up with what we have today and from time to time we add new products.
We intend to help our customers live life to its fullest, by offering a natural solution for beauty and healthcare problem.
To manufacture and sell natural and handmade products such as: soap, shampoo, body butter, lotion, hair stimulator (oil), castor oil, lip balm and scented candles.
|Currently Employs||2 Proprietors Persons|
NeedsCapital, marketing assistance, quality control implementation, removal of import duties on items for the business
ChallengesDistribution, workspace, reliable source for raw materials
ContactsTel: 884-3392, 386-8944, 796-8486,