Gary Tounkara
Bethesda, MD (USA)
Role(s):
Founder/Owner/Principal
Shea Basics Ltd.
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Startup
Location:
Columbus
Industry:
Manufacturing
Year Founded:
2009
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Dear Sir or Madam:
Shea Basics Ltd. manufactures and distributes natural cosmetic products made out of Shea butter. Initially, these products are the “Pure Shea Butter” creams, soaps and ointments. The company will supply local markets with its own finished products through chain stores such as Whole Foods Market and CVS/Pharmacy. Then Shea Basics Ltd will expand its distribution network to neighborhood shops, pharmacies and supermarkets in North America.
The business acquired and installed new processing equipment that meet GMP standards for the production of Shea creams with a capacity of half million tubes produced monthly. As of January 2011, the company successfully created its first brand of the “Pure Shea Butter” of cosmetics creams. However, under-capitalized, Shea Basics Ltd faces challenges ensuring normal business operations, exploring new markets opportunities and establishing Strategic Partnerships to achieve a return on its investment.
Although natural cosmetics represent a small part of the multi-billion cosmetics market,“The US market outlook for Shea butter as personal care product, and as an ingredient in personal care products, appears excellent. Many of the high-end personal care manufacturers who emphasize Shea in their product line describe Shea-based products in the same way, as a “hot” product”. Source: Soap & Cosmetics, 78 (3) p. 30-33, May
2005.
I would welcome the opportunity to discuss with you the possibility to fund our operations with a comfortable return on your investment.
Thank you for your time and consideration.
Gary
(Phone # removed)