According Wikipedia, “Herbalism is a traditional medicine or folk medicine practice based on the plants and plant extracts”. In recent times this has managed to gain a significant attention in the market due to involvement of natural herbs that are said to have no side effects on the human body. However, a herbalist would have to extract these from the environment and create medicine by following a predetermined procedure and maintaining a good standard of quality. Further the ability of setting up the required facilities for this business even at home, gives the opportunity for any individual to start this as a home business.
However, since this deals with the health issues, a proper knowledge is essential. Methods that should be used to extract the required elements from the plants should be extensively studied and further you should be able to properly identify the plants that are recommended for medical. Therefore, proper studies in herbal medicine will be essential to develop proper products to the market place. Lack of concentration on these factors could even lead to health related issues for your clients and this could lead to serious disadvantages in the market place as well.
With the correct knowledge in hand, then it would be the time to pay some attention on the facilities that you are required to setup to run the business in a proper manner. Most important factor here would be the availability of space. If you have enough space in your house, then it would be the ideal location for you to start the business. Then you will have to have enough finance to buy the machinery and other equipment that will be required for your business activities. If finance is a problem, you can even consider approaching the market small scale and then concentrate on a wider number of customers when the sales start to pick up. Further some advertising and increasing the knowledge of people about the importance of herbal products would also help you in developing the business.
If has been recently identified that there is a new trend toward the use of herbal medicine to cure diseases, etc. Due to this reason it is clear that this is an area that would be able to attract a significant attention in the long run. Therefore becoming a herbalist, even though a significant knowledge is requires, can be identified as a business that would be able to bring in a considerable return for your investment.