Printing Press Business Plan in Nigeria – Setting Up a Printing Press Business
Printing Press Business Plan in Nigeria – Dear reader, today we would be talking about how to start up a printing press business. You and I would agree that before the advent of technology, the printing press business was seen as a very complicated business because it entailed all sorts of stressful action , and you needed to be well rooted in the process.
Do you want to get your printing press business in Nigeria? You can order our sample business plan for printing company. To order, pay N10,000 to:
BANK NAME: FIRST BANK PLC
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 3066880122
After payment, send us your email, name and topic of choice (printing press business plan pdf) to 07033378184. Upon confirmation of your payment you will get the business plan immediately.
That is all in the past now, you really do not have to be an expert before you can venture into this business. Truth be told this is not one of the business for the faint hearted as it entails you moving from one company or business firm to another just to advertise and in the case of larger scale, it is capital intensive. In the following paragraphs I will be enlightening us on this business.
TABLE OF CONTENTS OF THE PRINTING PRESS BUSINESS PLAN IN NIGERIA
- Executive Summary
- Introduction
- Business Description
- Products and Services
- Competitive Advantage
- Market Research
- Competitor Analysis
- Sales and Marketing Plan
- Operational Plan
- Business Risk
- Management and Structure
- Financial Plan and Projections
What does it mean by being in a printing business? Being in a printing business implies that you will be involved in the production of complimentary cards, banners, flyers, jotters, souvenirs, large format printing, office documents like receipts, letterheads and invoice etc.
Starting a printing press business as a fresher does not necessarily mean you should have an office, your house address can suffice on your complimentary card as your contact address accompanied with your phone number. For an individual who is not very familiar with this business, you will need to employ the service of a graphic artist and a printing press operator.
The Graphic Artist: The graphic artist is needed to deal with the designing and art work of the printing work, you can randomly go to any computer center to source out a graphic artist or you can put it up on a social media network (this is gradually becoming a trend by which advertisement are made). Make sure he or she is very creative and can implement it.
What he or she does is design whatever color the client wants, perform a color separation, then go ahead to save it on whatever medium that can be accessed by the people handling the separating system, after which the result comes out in different sizes of photo film.
This is followed by platemaking, this is a process by which the photo film is transferred onto a plate that will be used to run an impression, depending on how many colors the graphic artist designed, it is always proportional to the number of plate that will be made i.e if four colors were made, four plates will be made. After all these is done, this is where the printing press operator comes in.
The Printing Press Operator: He or she comes up with the finished product the client wants by running the plates through the necessary machines.
Steps Involved to Starting Off a Printing Business
The only factors against starting off a printing press business is lack of funds, and the internet 9 the internet is gradually taking up the process of advertising for example. But in the case of souvenirs, invoices, nobody will be comfortable carrying those on a laptop all around).
- Advertisement: As an individual who is just starting up, you need to engage in self -advertisement, you have to move around different companies, schools, firms, banks to source for printing business. Some clients might require samples , you should have them already made. You can also make advertisements on your social media networks while attaching samples of your work. Most of these companies would not advertise the need for a printer, you must not relent and be persistent.
- Quotation: After you must have confirmed with your graphic artist and printing press operator, gone to the market to compare prices, you ought to be able to come up with a favorable quotation for your client. If your quotation is approved, ensure to deliver at the specified time agreed by you and the client. Small scale printing business tend to be patronized more because they are believed to be punctual , unlike the big ones who have so many jobs at hand. First impression, they say last longer, make it worth it.
- Execution of the Job: This is where you work hand-in-hand with the graphic artist and the printing press operator, you have to be very careful and monitor the job to avoid mistakes since it is about making a good impression, you should aim to please your client.
The steps above are for those who would be starting out on small scale, but for those who would be going in on a very large scale, it is capital intensive as this involves
- Acquisition of a business office: Impression matters a lot in this business, you have to give your client the impression, that you are easily accessible and can reached at a specific place.
- Look for a favorable location: This cannot be over emphasized, you have to look for a location that is close to where your prospective clients are, you cannot be in the rural area where there is barely electricity while your prospective clients are in town.
- Acquisition of printing press machines: Machines for printing press can be gotten at not less than five hundred thousand naira (#500,000), at second hand value while new ones go for as much as millions of naira.
- Have a specific type of market you want to engage in: Create a niche for yourself, do not be swayed by what your next door neighbor is involved in, if it is just banners and complimentary cards you are very comfortable with, and sure to be delivered in time, please stick to it.
The printing press is very lucrative, that cannot be over emphasized, some places in Lagos state are gradually being transformed into printing press “villages”, an example is Shomolu, this region is popular for the high rise in printing business, even house owners are letting out their space to whoever is interested, of course the highest bidder gets such places, landlords are becoming familiar with how lucrative this business is hence they charge high prices for rent.
No matter what business you want to engage in, a strong customer relationship with your client is very important, it takes just one positive or negative comment to set the ball of referral rolling or stuck as the case may be.
Hurry now and get your printing press business plan in Nigeria! To place order, pay N10000 to:
BANK NAME: GUARANTY TRUST BANK (GTB)
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 0044056891
OR
BANK NAME: FIRST BANK PLC
ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM
ACCOUNT NUMBER: 3066880122
After payment, send us your email, name and topic of choice (printing press business plan pdf) to 07033378184. Upon confirmation of your payment you will get the business plan immediately.
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