Now that the year is winding down, many people have begun asking themselves is this is the year that they start their own company to pad their income or finally become their own boss. If you are in the fitness community, the next question you inevitably will have is “How much does it cost to start a supplement company?” The good news is, probably not as much as you would think depending on the approach you take. In this article, we will look at some of the cost factors associated with starting a supplement company and the easiest ways to get started.
What Options Are Available from Supplement Manufacturers?
If you have started your research, there are likely two separate options you have found for building your supplement portfolio and getting your business off the ground. This includes custom supplements and private label manufacturing. But what exactly are these two different approaches and which will cut costs most effectively? Let’s take a deeper look at what these terms mean.
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- Custom Supplements – When you choose to invest in custom supplements, you have the ability to build your formula from the ground up to create something new and exciting for the market. However, as you might imagine, this can incur extra costs. If you want basic supplements to get started, this is likely the wrong approach for you.
- Private Label Supplements – Any supplement manufacturer worth their salt will generally have a good private label supplements program in place to help businesses get started quickly and affordably. These pre-formulated supplements are already manufactured and sent to you bottled. All you have to add is your branding! Because they can be ordered by the case, you won’t be stuck with large product runs that may not sell.
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Choosing the right approach, in the beginning, is critical if you want to make sure you are keeping costs to a minimum. So, are you still confused and asking yourself “How much does it cost to start a supplement company?” The answer is typically going to be however much you are willing to put into it. Just ensure you don’t get in too deep and decide it’s not for you or you could be sitting on unused products and bills that you don’t want anymore. We encourage you to view our private label options to see what’s possible to help you get started with little overhead and initial capital.
VIEW OUR PRIVATE LABEL SUPPLEMENT OPTIONS
Why JW Nutritional for Supplement Manufacturing?
JW Nutritional can manufacture a wide variety of supplements to suit the needs of your customers. With the inclusion of our complete packaging solutions including bottles with lid closures, sachets, stick packs and zip-seal bags, clients can receive a complete product that is ready for order fulfillment. If you are interested in the vitamin manufacturing services we offer, please contact us today!
