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❖SECURITY ISSUES

With any Saas business, data loss and security issues may arise throughout

the process of building your product. You must understand exactly what
you're responsible for and how to avoid potential issues down the road.

❖ LACK OF BENEFITS

With a skincare product line, you are typically self-employed and responsible

for finding your insurance, which can be quite costly and time-consuming.

❖ ISOLATION

As a skincare product line, you typically work alone and do not have much
face-to-face interaction with other team members.

❖ TAXES

As a skincare product line, you typically pay self-employment taxes which

can be quite high. It's important to understand what you will be paying in

taxes each year so you can determine if the work you're taking on is worth it.

❖ NO SAFETY NET

Typically, as a skincare product line, you do not receive a consistent

pay-check and instead earn money based on your monthly transactions.

During the slow periods, you typically take away less since the job is based
on commission. It's important to budget accordingly for the slow times.

❖ HIGH OVERHEAD EXPENSES

With starting a skincare product line, there are overhead expenses that

come with selling a physical product. You will want to make sure you
strategically budget for these overhead costs. I discuss this more in the

startup costs section below.

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