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Printing Business Plan Template & PDF Example

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  • September 4, 2024

the business plan template for a printing business

Creating a comprehensive business plan is crucial for launching and running a successful printing business. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your printing business’s identity, navigate the competitive market, and secure funding for growth.

This article not only breaks down the critical components of a printing business plan, but also provides an example of a business plan to help you craft your own.

Whether you’re an experienced entrepreneur or new to the service industry, this guide, complete with a business plan example, lays the groundwork for turning your printing business concept into reality. Let’s dive in!

Our printing business plan is meticulously developed to incorporate all vital elements essential for a comprehensive and strategic blueprint. It outlines the company’s operational workflows, marketing tactics, industry landscape, competitive analysis , management hierarchy, and financial outlook.

  • Executive Summary : Offers a concise overview of the printing business concept, highlighting the market analysis , management expertise, and financial strategy.
  • Facility & Operations : Discusses the location, size, and layout of the printing facility, including the types of printing equipment and technology used to provide services.
  • Services & Prices : Details the range of printing services offered, such as digital, offset, and large format printing, along with pricing strategies.
  • Key Stats: Offers statistics on the size and growth of the commercial printing industry, underscoring the ongoing demand for printing services.
  • Key Trends: Highlights significant trends in the printing industry, including technological advancements, sustainability practices, and shifts towards digital printing.
  • Key Competitors: Evaluates major competitors in the market, detailing their services and how the printing company differentiates itself from these competitors.
  • SWOT Analysis : Conducts a comprehensive analysis of strengths, weaknesses, opportunities, and threats, offering strategic insights for the company’s growth.
  • Marketing Plan : Specifies the marketing strategies designed to promote the printing services and establish long-term relationships with clients.
  • Timeline : Sets key milestones for the printing company, outlining the path from startup to expansion and operational excellence.
  • Management: Introduces the management team, highlighting their experience, roles, and contributions to driving the company towards its goals.
  • Financial Plan : Forecasts the 5-year financial performance of the printing company, detailing expected revenue streams, profitability, and the financial strategy to ensure sustainability and growth.

Printing Business plan

Printing Company Business Plan Template (Download)

printing press business plan

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Executive Summary

The Executive Summary introduces your printing business’s plan, providing a succinct overview of your company and its offerings. It should outline your market positioning, the variety of printing services you provide, including digital printing, large format printing, and specialized printing solutions, as well as its location, size, and a snapshot of daily operations. 

This section should also delve into how your printing business will fit into the local market, including the number of direct competitors in the area, identifying who they are, along with your business’s unique selling points that set it apart from these competitors.

Moreover, information about the management and co-founding team should be included, detailing their roles and contributions to the business’s success. Additionally, a summary of your financial projections, including revenue and profits over the next five years, should be presented.

Printing Business Plan Executive Summary Example

Printing Business Plan executive summary

Business Overview

In your executive summary’s  business overview , provide clear and concise information about your printing business. This includes the name of your company, the location of your facility, the technology you use, and a brief overview of your operations.

Detailing these aspects not only introduces your business but also sets the stage for showcasing its unique attributes. Your  Unique Selling Proposition  ( USP ) should be highlighted here, whether it’s your cutting-edge printing technology, wide range of services, or commitment to sustainability. Your USP is what captures the attention of your audience and showcases the unique value your business brings to the commercial printing industry.

Example: “Print Innovations Ltd.,” located in the heart of Silicon Valley, operates a 10,000 sq. ft. state-of-the-art printing facility equipped with advanced digital and offset printers and finishing equipment. Our USP lies in our ability to provide rapid, high-quality printing solutions, from small customized orders to large-scale commercial projects, all while adhering to eco-friendly practices.

Market Overview

The market overview should provide a snapshot of the commercial printing industry’s size, growth trends, and key dynamics. Using data such as market value and growth rates can help paint a picture of the industry landscape. Discussing trends like the shift towards digital printing and sustainable practices can offer insights into the industry’s future and your company’s role within it.

The  competitive landscape  is also critical. This part should identify your main competitors and explain how your service distinguishes itself, whether through innovative solutions, superior quality, customer service, or environmental initiatives.

Example: Print Innovations is part of the $162 billion U.S. commercial printing industry, expected to grow at a 2.8% CAGR through 2030. Despite stiff competition, our company sets itself apart with its emphasis on digital innovation and sustainability, offering environmentally friendly printing options that appeal to a growing segment of eco-conscious customers.

Management Team

The expertise and background of your management team are significant assets to your business. Highlight the key qualifications and experiences of your team members, emphasizing the industry knowledge and leadership driving your business.

Example: Led by co-founders Alex Johnson and Taylor Smith, Print Innovations benefits from a blend of entrepreneurial spirit and industry expertise. Alex, with over 15 years in digital printing technology, and Taylor, an expert in sustainable business practices, combine their  strengths  to position Print Innovations as a leader in innovative and eco-friendly printing solutions.

Financial Plan

Your financial plan should succinctly summarize your financial objectives and projections, including revenue targets and profit margins, to provide a clear picture of your printing business’s financial future.

Example: Print Innovations aims to achieve $2 million in annual revenue by 2028, targeting a 16%  EBITDA  margin. Our financial strategy focuses on expanding our service offerings and leveraging the latest printing technologies to increase efficiency and reduce costs, positioning us for sustained growth and profitability in the competitive printing industry.

For a printing business, the Business Overview section can be efficiently divided into 2 main parts:

Facility & Operations

Briefly describe the physical setup of your printing facility, emphasizing its design, efficiency, and the technology-driven environment that ensures high-quality printing services. Mention the business’s location, highlighting its accessibility and the convenience it offers to clients, such as proximity to business districts or ease of delivery and pickup services. Explain why this location is advantageous in attracting your target clientele, including businesses, professionals, and retail customers.

Services & Pricing

Detail the range of printing services offered, from standard document printing to specialized services like large format printing, custom merchandise printing, and high-quality digital printing solutions. Outline your pricing strategy , ensuring it reflects the quality of printing services provided and matches the market you’re targeting. Highlight any bulk order discounts, business account deals, or loyalty programs that provide added value to your clients, encouraging repeat business and customer loyalty.

Auto Repair Business Plan facility

Industry size & growth

In the Market Overview of your printing business plan, start by examining the size of the printing industry and its growth potential. This analysis is crucial for understanding the market’s scope and identifying expansion opportunities.

Key market trends

Proceed to discuss recent market trends , such as the increasing demand for customized printing solutions, the growth in digital and 3D printing technologies, and the shift towards sustainable and eco-friendly printing practices. For example, highlight the demand for services that cater to specific customization needs, such as personalized marketing materials, custom packaging, and on-demand printing, alongside the rising popularity of green printing solutions.

Competitive Landscape

A  competitive analysis  is not just a tool for gauging the position of your printing business in the market and its key competitors; it’s also a fundamental component of your business plan.

This analysis helps in identifying your printing business’s unique selling points, essential for differentiating your business in a competitive market.

In addition, the competitive analysis is integral in laying a solid foundation for your business plan. By examining various operational aspects of your competitors, you gain valuable information that ensures your business plan is robust, informed, and tailored to succeed in the current market environment.

Identifying Your Competitors in the Printing Industry

The initial step in conducting a competitive analysis is to pinpoint your competitors. Start by mapping out local print shops and digital printing services. If your business specializes in high-quality, custom print jobs, your direct competitors are other print shops that offer similar services, as well as larger online printing companies. Don’t forget about indirect competitors like office supply stores that offer basic printing services.

Utilize online resources such as Google Maps to understand the geographical distribution of your competitors. Websites like Yelp and TripAdvisor can provide customer reviews and ratings, offering insights into the  strengths and weaknesses  of these competitors. For instance, if multiple reviews highlight the quick turnaround and high-quality prints at “PrintPro Services,” this indicates a significant strength of that competitor.

Printing Business Plan key competitors

Analyzing Competitors’ Strategies in the Printing Business

Evaluating your competitors’ strategies involves looking at various factors:

  • Product Offerings:  Analyze the range of printing services offered. If “EcoPrint Solutions” is becoming popular for its sustainable printing options, it suggests a  market trend  toward environmentally friendly printing services.
  • Printing Technology:  Consider the technology and methods used. A company like “Precision Prints” that employs state-of-the-art digital printing technology may cater to a different clientele than a shop like “Retro Print Studio,” known for traditional screen printing techniques.
  • Pricing Strategy :  Compare your pricing with that of competitors. Are your services priced competitively with “Budget Print Hub,” or do they align more with the high-end services of “Luxury Print Works”?
  • Marketing Strategies :  Observe how competitors market their services. Do they have a significant online presence, or do they focus more on B2B relationships and networking within specific industries?
  • Customer Service:  Evaluate the level of customer service provided. For example, “Friendly Printers” might be renowned for its exceptional customer support and personalized service, which enhances the overall customer experience.
  • Operational Efficiency:  Look at whether competitors are leveraging technology or innovative processes to improve their service delivery, such as “Streamline Prints” with its efficient online ordering and tracking system.

What’s Your Printing Business’s Value Proposition?

Reflect on what makes your printing business unique. Perhaps you offer unparalleled quality and precision in large-format printing, or maybe you provide a wide range of customizable printing options that aren’t available from other local providers.

Identify gaps in the market through customer feedback and industry trends. For instance, the increasing demand for eco-friendly and sustainable printing options might represent an opportunity if your competitors have yet to address this need adequately.

Consider your business location: A printing business in a commercial district may focus on corporate and B2B services, while one in a university area could cater to academic printing needs, offering specialized services such as thesis and project printing.

Printing Business Plan strategy

First, conduct a SWOT analysis for the printing business, highlighting Strengths (such as advanced printing technology and a broad range of printing services), Weaknesses (including reliance on equipment that may require costly maintenance or the challenge of adapting to rapidly changing technology), Opportunities (for example, the growing demand for personalized and on-demand printing services), and Threats (such as digital media alternatives reducing the need for traditional printing).

Printing Business Plan swot

Marketing Plan

Next, develop a marketing strategy that outlines how to attract and retain customers through targeted advertising, promotional offers, an engaging online presence, and partnerships with local businesses. Emphasize the importance of showcasing your unique capabilities, such as high-quality printing, fast turnaround times, or eco-friendly printing options, to differentiate your business from competitors.

Marketing Channels

Effectively utilizing various marketing channels is key to reaching potential clients and enhancing brand visibility:

Digital Marketing

  • Website Optimization:  Create a user-friendly website that not only showcases your services but also offers resources, such as downloadable print templates, industry insights, and FAQs. Optimize it for SEO to improve online visibility.
  • Content Marketing Strategies:  Produce informative and engaging content, such as blog posts, infographics, or video tutorials, addressing common printing queries, emerging trends, and case studies showcasing successful projects.

Social Media Engagement

  • Platform Selection:  Identify the most suitable social media platforms for your business. LinkedIn is effective for B2B outreach, while Instagram and Pinterest can showcase visually appealing print designs and creative concepts.
  • Engagement and Interaction:  Regularly engage with your audience by responding to comments, sharing user-generated content, and hosting interactive sessions like live Q&A sessions or design challenges.

Local Networking and Advertising

  • Networking Events and Partnerships:  Participate in local business networking events, industry conferences, and trade shows to establish connections, build partnerships, and generate leads.
  • Local Advertising Strategies:  Consider investing in targeted local print ads in newspapers, and magazines, or sponsoring community events or local sports teams to boost brand visibility within your immediate vicinity.

Promotional Activities

Attracting and engaging clients through compelling offers and initiatives:

Introductory Offers

  • Discounts and Bundled Deals:  Offer first-time client discounts or package deals for bulk orders to entice new clients to experience your services at a reduced cost.
  • Seasonal Promotions:  Launch seasonal promotions like “Back-to-School Printing Specials” or “Holiday Greeting Card Packages” tailored to current market needs and trends.

Referral Programs

  • Incentivizing Referrals:  Encourage satisfied clients to refer others by providing them with discounts, free add-ons, or credits on their next order for successful referrals.
  • Client Testimonials and Case Studies:  Highlight satisfied client testimonials and case studies showcasing successful projects on your website and marketing materials to build credibility and trust.

Printing Business Plan marketing plan

Sales Channels

Optimizing  sales channels  to maximize revenue streams and customer satisfaction:

Online Ordering System

  • Seamless User Experience:  Ensure a seamless online ordering system on your website, allowing clients to easily request quotes, upload files, track orders, and make payments securely.
  • E-commerce Integration:  Integrate an e-commerce platform into your website to sell printing-related products like custom stationery, promotional items, or design templates directly to clients.

Client Engagement Strategies

  • Upselling and Consultative Selling:  Train your sales team to upsell by suggesting additional services, premium finishes, or design consultations tailored to each client’s specific needs and project requirements.
  • Exceptional Customer Support:  Provide personalized and prompt customer service, guiding clients through the printing process, offering expert advice, and ensuring satisfaction with every interaction.

Membership and Loyalty Programs

  • Tailored Membership Plans:  Introduce membership options offering discounts on recurring orders, bulk printing, or exclusive access to new services or products.
  • Rewarding Loyalty:  Develop a robust loyalty program where clients earn points for every purchase, which they can redeem for discounts or exclusive offers on future orders.

Strategy Timeline

Finally, create a detailed timeline that outlines critical milestones for the printing business’s launch, marketing initiatives, customer base growth, and expansion goals. This should include key phases such as establishing your facility, launching your website and online ordering system, initial customer acquisition efforts, and the evaluation of potential new services or technologies to keep your business at the forefront of the printing industry, ensuring the business progresses with clear direction and purpose.

Business Plan Gym Timeline

The Management section focuses on the printing business’s management and their direct roles in daily operations and strategic direction. This part is crucial for understanding who is responsible for making key decisions and driving the printing business toward its financial and operational goals.

For your printing business plan, list the core team members, their specific responsibilities, and how their expertise supports the business.

Printing Business Plan management

The Financial Plan section is a comprehensive analysis of your financial projections for revenue, expenses, and profitability. It lays out your printing business’s approach to securing funding, managing cash flow, and achieving breakeven.

This section typically includes detailed forecasts for the first 5 years of operation, highlighting expected revenue, operating costs and capital expenditures.

For your printing business plan, provide a snapshot of your financial statement (profit and loss, balance sheet, cash flow statement), as well as your key assumptions (e.g. number of customers and prices, expenses, etc.).

Make sure to cover here _ Profit and Loss _ Cash Flow Statement _ Balance Sheet _ Use of Funds

Printing Business Plan financial plan

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Print Shop Business Plan Template

Written by Dave Lavinsky

print shop business plan

Print Shop Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their print shop companies.

If you’re unfamiliar with creating a print shop business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a print shop business plan step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What is a Print Shop Business Plan?

A business plan provides a snapshot of your print shop business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan for a Print Shop

If you’re looking to start a print shop business or grow your existing print shop company, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your print shop business to improve your chances of success. Your print shop business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for Print Shop Businesses

With regards to funding, the main sources of funding for a print shop business are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for print shop companies.

Finish Your Business Plan Today!

How to Write a Business Plan for a Print Shop Business

If you want to start a print shop business or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your print shop business plan.

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your executive summary is to quickly engage the reader. Explain to them the kind of print shop business you are running and the status. For example, are you a startup, do you have a print shop business that you would like to grow, or are you operating a chain of print shop businesses?

Next, provide an overview of each of the subsequent sections of your plan.

  • Give a brief overview of the print shop industry.
  • Discuss the type of print shop business you are operating.
  • Detail your direct competitors. Give an overview of your target customers.
  • Provide a snapshot of your marketing strategy. Identify the key members of your team.
  • Offer an overview of your financial plan.

Company Overview

In your company overview, you will detail the type of print shop business you are operating.

For example, you might specialize in one of the following types of print shop businesses:

  • Digital printing : This type of printing is one of the most cost-effective and fast printing processes available today. Electronic files and digital images replace the need for paper, press set-up and ink, which helps reduce the carbon footprint on the earth.
  • Offset lithography printing: Used for magazines, circulars, brochures and books, this type of print shop specializes in larger volumes and includes traditional methods of binding.
  • Screen printing: Any material that is not flat is a candidate for screen printing: shirts, hats, fabric bags, etc. Screen printing forces ink through a screening process that is replicated onto fabric or other materials used.
  • 3D printing: This type of printing is performed through design, initiated by a computer program, followed by the print process in a 3D printer. The 3D printer is calibrated and outfitted with special plastics to fulfill the specifications of the 3D computer program.

In addition to explaining the type of print shop business you will operate, the company overview needs to provide background on the business.

Include answers to questions such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include the number of printing projects completed, the amount of revenue earned, or reaching X number of clients served, etc.
  • Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry or market analysis, you need to provide an overview of the print shop industry.

While this may seem unnecessary, it serves multiple purposes.

First, researching the print shop industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your print shop business plan:

  • How big is the print shop industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential target market for your print shop business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your print shop business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: individuals, schools, charitable organizations, corporations, and innovators.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of print shop business you operate. Clearly, individuals would respond to different marketing promotions than corporations, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

Finish Your Print Shop Business Plan in 1 Day!

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other print shop businesses.

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. Stores that house copy machines or overseas service companies may be examples of indirect competitors. You will want to mention any direct competition, as well.

For each direct competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as

  • What types of customers do they serve?
  • What type of print shop business are they?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you provide bundled services including printing and binding?
  • Will you offer large 3D printing projects that your competition doesn’t?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a print shop business plan, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type of print shop company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide cover design, book layout and digital printing to create a niche service for authors?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the products and/or services you offer and their prices.

Place : Place refers to the site of your print shop company. Document where your company is situated and mention how the site will impact your success. For example, is your print shop business located in a busy retail district, a business district, a standalone office, or purely online? Discuss how your site might be the ideal location for your customers.

Promotions : The final part of your print shop marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

  • Advertise in local papers, radio stations and/or magazines
  • Reach out to websites
  • Distribute flyers
  • Engage in email marketing
  • Advertise on social media platforms
  • Improve the SEO (search engine optimization) on your website for targeted keywords

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your print shop business, including answering calls, planning and providing printed items or 3D printed items, billing customers and assisting with maintenance of equipment, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to book your Xth print project , or when you hope to reach $X in revenue. It could also be when you expect to expand your print shop business to a new city.

Management Team

To demonstrate your print shop business’ potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing print shop businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing a print shop business or successfully running a small co-op of screen printers.

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you see 5 new customers per day, and/or offer discounted packaged pricing? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your print shop business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a print shop business:

  • Cost of equipment and office supplies
  • Payroll or salaries paid to staff
  • Business insurance
  • Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your office location lease or a list of corporations on a monthly printing contract.

Writing a business plan for your print shop business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the print shop industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful print shop business.

Don’t you wish there was a faster, easier way to finish your Print Shop business plan?

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.   See how a Growthink business plan writer can create your business plan for you.

Other Helpful Business Plan Articles & Templates

Screen Printing Business Plan Template

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Print Shop Business Plan Template

Written by Dave Lavinsky

Print Shop Business Plan

You’ve come to the right place to create your Print Shop business plan.

We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their print shops.

Below is a template to help you create each section of your Print Shop business plan.

Executive Summary

Business overview.

Quick Process Print Shop is a startup printing company located in Cypress, Texas. The company is founded by Taylor Owen, a senior print manager who has been in business for over twenty years while working for a nationally-known chain of print shops. Taylor has garnered a high degree of respect and a large following of those who count on his printing abilities for every project they have. As a result, Taylor is confident he will be able to take his depth of experience and wide customer base with him as he opens his own print shop. The emphasis will be on commercial and individual clients seeking printing for any number of projects, including printing and binding of diverse materials.

Quick Process Print Shop will follow its name by offering unparalleled turnaround times for printing projects that competitors do not offer, in addition to offering numerous binding options, folder or book covers, paper stock assortments, and other customized ways to bring each customer’s vision to reality. The products and services will align to create the Quick Process Print Shop; the premier printing facility in Cypress, Texas.

Product Offering

The following are the services and products that Quick Process Print Shop will provide:

  • One to four-color printing using CMYK color process
  • Printing stock paper or custom, cut-to-size paper
  • One-hour turnaround time on select printing projects
  • Staple-bound or comb binding in wide variety of colors
  • Print and bind corporate folders, presentation binders, brochures
  • Custom designs, including holographic and 3D layout
  • Printing wedding, birthday, anniversary invitations
  • Printing personal/corporate letterhead, business cards

Customer Focus

The target audience for Quick Process Print Shop will be individuals and corporations, along with community, civic and government entities within the greater Cypress and Houston regions. The individuals with personal or business projects will be primary targets, as will administrative managers of corporations, and civic and government entities within the area. Also targeted will be non-profit organizations that will need printed materials on an on-going basis. Whether the client is an individual or corporate account, Quick Process Print Shop will dedicate the experienced full staff of the company to execute excellent results for each client.

Management Team

Quick Process Print Shop will be owned and operated by Taylor Owen. He recruited his former print coordinator, Derek Manahan, to be the Office Manager. His responsibilities will include overseeing employees and day-to-day operations of the print shop.

Taylor Owen is a graduate of the University of Texas, where he graduated with a Bachelor of Arts degree in Design. He has been working for a nationally-known chain print shop for over twenty years as the Print Manager, where he has developed his expertise and dedication to perfectly execute each printing project.

Derek Manahan has been the print coordinator, working under the direction of Taylor Owen, for the past ten years at the same chain print shop. Derek holds a commercial printing certification from Cypress Community College. Derek’s organizational and administrative skills have propelled the former print coordinator to new heights of efficiency and turnaround times for clients; as such, the high expectation is that he will do so again for the Quick Process Print Shop in his new role as Office Manager.

Success Factors

The Quick Process Print Shop will be able to achieve success by offering the following competitive advantages:

  • Friendly, knowledgeable, and highly qualified team at Quick Process Print Shop
  • Guaranteed fastest turnaround time on select print projects, making the company the fastest in the region to turn projects around.
  • Quick Process Print Shop offers the best binding pricing in town. Their pricing structure for over twenty types of available bindings is the most cost effective compared to the competition.

Financial Highlights

Quick Process Print Shop is seeking $200,000 in debt financing to launch its print shop. The funding will be dedicated toward securing the office space and purchasing office and print equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the marketing campaigns and association memberships. The breakout of the funding is below:

  • Office space build-out: $20,000
  • Office and print equipment, supplies, and materials: $10,000
  • Three months of overhead expenses (payroll, rent, utilities): $150,000
  • Marketing costs: $10,000
  • Working capital: $10,000

The following graph outlines the financial projections for Quick Process Print Shop.

Quick Process Print Shop Pro Forma Projections

Company Overview

Who is quick process print shop.

Quick Process Print Shop is a newly established full-service print shop in Cypress, Texas. Quick Process Print Shop will be the most reliable, cost-effective, and efficient choice for customers in Cypress and the surrounding communities. Quick Process Print Shop will provide a comprehensive menu of printing and binding services for individuals, corporations, civic, and governmental entities in Cypress. Their full-service approach includes a comprehensive set of standard and customized printing and binding processes, designed to meet every customer’s needs.

  Quick Process Print Shop will be able to manage small to oversized printing projects, as well as projects that include binding or other special treatments, and will do so on select projects within a very fast turnaround process. The team of professionals are highly qualified and experienced in printing and management of day-to-day operations and print coordination. Quick Process Print Shop removes all headaches and issues of the printing and binding process and ensures all issues are taken care of expeditiously, while delivering the best customer service.

Quick Process Print Shop History

Quick Process Print Shop is owned by Taylor Owen, a former Print Manager for a nationally-known chain print shop. Taylor Owen is a graduate of the University of Texas, where he graduated with a Bachelor of Arts degree in Design. During his many years of printing, Taylor developed a high degree of expertise within his craft and used that dedication to perfectly execute each printing project. He gained the trust of his clients during twenty years of printing and binding projects; those relationships will now stabilize the revenue for the Quick Process Print Shop while the clientele grows and projects increase in size and number.

Since incorporation, Quick Process Print Shop has achieved the following milestones:

  • Registered Quick Process Print Shop as a C-corporation, to transact business in the state of Texas.
  • Has a lease contract in place for 10,000 square feet at the building Quick Process Print Shop will utilize.
  • Reached out to numerous corporate contacts to secure advance contracts for Quick Process Print Shop.
  • Began recruiting a staff of Quick Process Print Shop employees.

Quick Process Print Shop Services

The following will be the services Quick Process Print Shop will provide:

  • One to 4-color printing using CMYK color process
  • Print and bind corporate folders, presentation binders

Industry Analysis

The Print Shop industry is expected to grow over the next ten years to over $483 billion. The growth will be driven by an increased print market for packaging, which is expected to rise by 66 percent in the coming decade. The market for printing books will decrease in the coming ten years by 15 percent; however, the need for commercial, business, and personal printing will increase as expectations for professionally-prepared materials will rise in every market sector. Future parameters, including an uncertain economy or supply-chain shortages, could impact the printing industry; however, all industry markets will have the same issues in play should such uncertainties come about. Costs will likely be reduced as print collaborations and partnership work together to lower costs, while increasing efficiencies, particularly on large-volume projects.

Customer Analysis

Demographic profile of target market.

Quick Process Print Shop will target individuals or entities required printing or printing and binding services in the Cypress, Texas region. They will target individuals, corporations, civic or governmental agencies, as well as non-profits, and other associations who need printing and/or binding services. .

TotalPercent
    Total population1,680,988100%
        Male838,67549.9%
        Female842,31350.1%
        20 to 24 years114,8726.8%
        25 to 34 years273,58816.3%
        35 to 44 years235,94614.0%
        45 to 54 years210,25612.5%
        55 to 59 years105,0576.2%
        60 to 64 years87,4845.2%
        65 to 74 years116,8787.0%
        75 to 84 years52,5243.1%

Customer Segmentation

Quick Process Print Shop will primarily target the following customer profiles:

  • Individuals
  • Corporations (for-profit/non-profit)
  • Civic/community entities
  • Governmental agencies

Competitive Analysis

Direct and indirect competitors.

Quick Process Print Shop will face competition from other companies with similar business profiles. A description of each competitor company follows:

TJ’s Speedy Print Shop

PJ’s Speedy Print Shop provides customer self-service printing using copy machines. A customer can select a copy machine when bringing in documents or a flash drive document to be printed. The copy machines print and collate the projects per the instructions of the customer using self-instruction on a self-serve copy machine. Standard materials, such as paper and staples are provided for a fee. While copies are printed at-will and offer a fast turnaround, no binding services are offered. Color copies, customized print processes, high-quality color separation and other quality services are not offered within this self-serve model.

The owner of TJ’s Speedy Print Shop, legally registered as a limited liability company, has been in business for over thirty years and the shop is well-established as a neighborhood copy and print shop. The motto is “Your Printing Your Way” and the focus is on speed and accessibility, as the print shop is open 24 hours per day. An employee is always on site to assist customers who walk in and a full-time repair person oversees the copy machines. The print shop owner, Tomas Johanson, has been talking to customers about retiring; the outcome of his retirement for the print shop is unknown.

RiverEdge Printing & Packing Services

RiverEdge Printing & Packing Services is located in Houston, Texas and is a legal entity formed to serve the grocery store market sector within the regional area. Originally a sole proprietorship, the company was reframed legally as a C-corporation five years ago, when the family-owned business leadership changed from the father to the son. The company prints commercial projects only, focused on printing grocery bags, grocery boxes, packaging materials and other ancillary products that serve one national chain customer with 583 grocery stores in the chain. Products are printed, collated, glued, bound and packed according to the client specifications and the long-term contract is renewed yearly. The labor union is represented in this company, which requires contract negotiation on a yearly basis.

Excelsior Printing Company, Inc.

Excelsior Printing Company, Inc. is a nationally-recognized book printing company known for the 4-color printed, paper-over-board books they produce for children. This specialty printing company faces competition from Asian print providers; however the company provides a fast turnaround on projects that are short and follow a company template for printing production. Based in Houston, Texas, the company is held by two shareholders who take pride in the quality of books produced and the expediency offered in a process they’ve titled, “Fast Track” shipping. Fast Track shipping guarantees printed books will be delivered to bookstores within 4 weeks of a print order placed with Excelsior Printing Company, Inc. This guarantee provides the fastest delivery schedules of any printer in the U.S.

Competitive Advantage

Quick Process Print Shop will be able to offer the following advantages over their competition:

  • Friendly, knowledgeable, and highly qualified team of Quick Process Print Shop employees, who will work with each client to ensure orders are correctly entered into the system, printed and delivered according to specifications.
  • The comprehensive menu of services offered by Quick Process Print Shop outshines all other competitors in terms of the variety of printing and binding processes offered, quality maintained and turnaround delivery times guaranteed.
  • Quick Process Print Shop offers comparable pricing for printing and binding. Their pricing structure is the most cost effective compared to the competition.

Marketing Plan

Brand & value proposition.

Quick Process Print Shop will offer the unique value proposition to its clientele:

  • Highly-qualified team of skilled employees that is able to provide comprehensive printing and binding services for each client, including customized sizes, materials, designs or other parameters needed for completion of the project.
  • Competitive prices with on-the-job service representatives to assist every step of the way.
  • Binding products and services to compile corporate reports, organization presentations, and other documents or materials.
  • Guaranteed fastest turnaround service for select projects.
  • Reasonable pricing for outstanding results.

Promotions Strategy

The promotions strategy for Quick Process Print Shop is as follows:

Word of Mouth/Referrals

Taylor Owen has built up an extensive list of contacts over the years by providing exceptional service and expertise to his clients. They have communicated to Taylor that they kept renewing their contracts because they were happy with the service Taylor was providing. Once Taylor Owen advised them he was leaving to open his own print shop, they agreed to follow him to his new company and help spread the word of the Quick Process Print Shop.

Professional Associations and Networking

Quick Process Print Shop will become a member of commercial and residential professional associations within the region, due to the fact that each entity will need print services internally for a variety of projects that will need completion. In return, Quick Process Print Shop can offer reduced pricing for community efforts at fund-raising or other worthy causes by way of reciprocation and appreciation for the associations.

Print Advertising

As a printing company, Quick Process Print Shop, will advertise via printed pieces that describe the full range of services offered by Quick Process Print Shop. These printed pieces will be delivered to each resident in Cypress, Texas as a drop-in card inside The Cypress Daily, a city newspaper with a circulation of over 500,000 residents.

Website/SEO Marketing

Quick Process Print Shop will utilize their in-house employees who designed their print ads to also design their website. The website will be well organized, informative, and list all their services that Quick Process Print Shop is able to provide. The website will also list their contact information and list the multiple print and binding services and products available. A short-term social media marketing manager will also manage the website presence with SEO marketing tactics so that anytime someone types in the Google or Bing search engine “Fast Printing Cypress” or “print and bind near me”, Quick Process Print Shop will be listed at the top of the search results.

The pricing of Quick Process Print Shop will be moderate and on par with competitors so customers feel they receive excellent value and quality when purchasing their services.

Operations Plan

The following will be the operations plan for Quick Process Print Shop. Operation Functions:

  • Taylor Owen will be the Owner and President of the company. He will act as the Senior Print Manager to oversee all major print projects, build client relationships and represent the company within the greater Cypress region. Jay has spent the past year recruiting the following staff:
  • Derek Manahan – Office Manager who will manage the day-to-day operations of print projects and oversee the employee team.
  • Shelly Duhane – Staff Bookkeeper, who will manage the financial accounts and compile records for payroll and tax purposes.
  • Kelly Martin – Social Media Marketing Manager who will develop all initial marketing strategies for Quick Process Print Shop during the first three months of business.
  • Carl Snowdon – Maintenance Manager who will provide all equipment and premises maintenance at the property.

Milestones:

Quick Process Print Shop will have the following milestones complete in the next six months.

  • 5/1/202X – Finalize contract to lease location space
  • 5/15/202X – Finalize personnel and staff employment contracts for the Quick Process Print Shop
  • 6/1/202X – Finalize long-term contracts for Quick Process Print Shop clients
  • 6/15/202X – Begin networking at regional association events
  • 6/22/202X – Begin moving into Quick Process Print Shop location
  • 7/1/202X – Quick Process Print Shop opens its building for business

Quick Process Print Shop will be owned and operated by Taylor Owen. He recruited his former printing coordinator, Derek Manahan, to be his Office Manager to help manage the office and day-to-day operations.

Taylor Owen graduated from the University of Houston with a Bachelor of Arts degree in Design. He has been employed by a local printing company for over twenty years as a Print Manager. Jay has successfully secured the assurances of former clients that they will bring their business needs to the Quick Process Print Shop upon opening and he is in the process of obtaining new long-term contracts with corporate clients.

Derek Manahan has been the print coordinator, working under the direction of Taylor Owen, for the past ten years at the same chain print shop. Derek holds a commercial printing certification from Cypress Community College. Derek’s organizational and administrative skills have propelled the former print coordinator to new heights of efficiency and turnaround times for clients; as such, the high expectation is that he will do so again for the Quick Process Print Shop in his new role of Office Manager.

Financial Plan

Key revenue & costs.

The revenue drivers for Quick Process Print Shop are the fees they will charge to the clients for their services and products .

The cost drivers will be the overhead costs required in order to staff and equip the Quick Process Print Shop location. The expenses will be the payroll cost, rent, utilities, office supplies, and marketing materials.

Funding Requirements and Use of Funds

Quick Process Print Shop is seeking $200,000 in debt financing to launch its property management business. The funding will be dedicated toward securing the location space and purchasing printing equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the print ads and association memberships. The breakout of the funding is below:

Key Assumptions

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.

  • Number of Projects, Services and Products Sold Per Month: 600
  • Average Fees per Month: $55,000
  • Office Lease per Year: $100,000

Financial Projections

Income statement.

FY 1FY 2FY 3FY 4FY 5
Revenues
Total Revenues$360,000$793,728$875,006$964,606$1,063,382
Expenses & Costs
Cost of goods sold$64,800$142,871$157,501$173,629$191,409
Lease$50,000$51,250$52,531$53,845$55,191
Marketing$10,000$8,000$8,000$8,000$8,000
Salaries$157,015$214,030$235,968$247,766$260,155
Initial expenditure$10,000$0$0$0$0
Total Expenses & Costs$291,815$416,151$454,000$483,240$514,754
EBITDA$68,185 $377,577 $421,005 $481,366 $548,628
Depreciation$27,160$27,160 $27,160 $27,160 $27,160
EBIT$41,025 $350,417 $393,845$454,206$521,468
Interest$23,462$20,529 $17,596 $14,664 $11,731
PRETAX INCOME$17,563 $329,888 $376,249 $439,543 $509,737
Net Operating Loss$0$0$0$0$0
Use of Net Operating Loss$0$0$0$0$0
Taxable Income$17,563$329,888$376,249$439,543$509,737
Income Tax Expense$6,147$115,461$131,687$153,840$178,408
NET INCOME$11,416 $214,427 $244,562 $285,703 $331,329

Balance Sheet

FY 1FY 2FY 3FY 4FY 5
ASSETS
Cash$154,257$348,760$573,195$838,550$1,149,286
Accounts receivable$0$0$0$0$0
Inventory$30,000$33,072$36,459$40,192$44,308
Total Current Assets$184,257$381,832$609,654$878,742$1,193,594
Fixed assets$180,950$180,950$180,950$180,950$180,950
Depreciation$27,160$54,320$81,480$108,640 $135,800
Net fixed assets$153,790 $126,630 $99,470 $72,310 $45,150
TOTAL ASSETS$338,047$508,462$709,124$951,052$1,238,744
LIABILITIES & EQUITY
Debt$315,831$270,713$225,594$180,475 $135,356
Accounts payable$10,800$11,906$13,125$14,469 $15,951
Total Liability$326,631 $282,618 $238,719 $194,944 $151,307
Share Capital$0$0$0$0$0
Retained earnings$11,416 $225,843 $470,405 $756,108$1,087,437
Total Equity$11,416$225,843$470,405$756,108$1,087,437
TOTAL LIABILITIES & EQUITY$338,047$508,462$709,124$951,052$1,238,744

Cash Flow Statement

FY 1FY 2FY 3FY 4FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss)$11,416 $214,427 $244,562 $285,703$331,329
Change in working capital($19,200)($1,966)($2,167)($2,389)($2,634)
Depreciation$27,160 $27,160 $27,160 $27,160 $27,160
Net Cash Flow from Operations$19,376 $239,621 $269,554 $310,473 $355,855
CASH FLOW FROM INVESTMENTS
Investment($180,950)$0$0$0$0
Net Cash Flow from Investments($180,950)$0$0$0$0
CASH FLOW FROM FINANCING
Cash from equity$0$0$0$0$0
Cash from debt$315,831 ($45,119)($45,119)($45,119)($45,119)
Net Cash Flow from Financing$315,831 ($45,119)($45,119)($45,119)($45,119)
Net Cash Flow$154,257$194,502 $224,436 $265,355$310,736
Cash at Beginning of Period$0$154,257$348,760$573,195$838,550
Cash at End of Period$154,257$348,760$573,195$838,550$1,149,286

Print Shop Business Plan FAQs

What is a print shop business plan.

A print shop business plan is a plan to start and/or grow your print shop business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your Print Shop business plan using our Print Shop Business Plan Template here .

What are the Main Types of Print Shop Businesses?

There are a number of different kinds of print shop businesses , some examples include: Digital printing, Offset lithography printing, Screen printing, , and 3D printing.

How Do You Get Funding for Your Print Shop Business Plan?

Print Shop businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a Print Shop Business?

Starting a print shop business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Print Shop Business Plan - The first step in starting a business is to create a detailed print shop business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast. 

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your print shop business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your print shop business is in compliance with local laws.

3. Register Your Print Shop Business - Once you have chosen a legal structure, the next step is to register your print shop business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 

4. Identify Financing Options - It’s likely that you’ll need some capital to start your print shop business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.

7. Acquire Necessary Print Shop Equipment & Supplies - In order to start your print shop business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your print shop business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising.

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Printing Business

Back to All Business Ideas

Create and Print: Steps to Your Printing Business

Written by: Howard Tillerman

Howard Tillerman is the Chief Marketing Officer for Step By Step Business and an award-winning marketing professional.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on August 11, 2021

Create and Print: Steps to Your Printing Business

Investment range

$8,100 - $32,200

Revenue potential

$100,000 - $200,000 p.a.

Time to build

Profit potential

$50,000 - $100,000 p.a.

Industry trend

Consider these crucial factors when launching your printing business:

  • Services — Decide on the types of printing services you will offer, such as digital printing, offset printing, large format printing, screen printing, or specialized services like promotional products and custom apparel.
  • Equipment — Invest in high-quality printing equipment based on the services you plan to offer. This may include digital printers, offset presses, large format printers, screen printing equipment, and finishing equipment like cutters, binders, and laminators.
  • Supplies — Stock up on paper, ink, toner, substrates, and other necessary printing materials.
  • Software — Use professional design and printing software like Adobe Creative Suite , CorelDRAW , or specialized RIP software for large-format printing.
  • Location — Choose a suitable location with adequate space for your printing equipment, storage, and administrative tasks. Ensure the workspace has proper ventilation and meets safety standards.
  • Register your business — A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple. Form your business immediately using ZenBusiness LLC formation service or hire one of the best LLC services on the market.
  • Legal business aspects — Register for taxes, open a business bank account, and get an EIN .
  • Loyalty programs — Implement loyalty programs or discounts for repeat customers to encourage long-term business relationships.

Orange PDF document icon with a stylized 'A' symbol on the page

Interactive Checklist at your fingertips—begin your printing business today!

You May Also Wonder:

Can you make money with print on demand?

Yes, you can. However, you’ll need to partner with the right people and stores. Also, you must have a well-thought-out marketing plan and, of course, sell high-demand products. One of the critical determinants of how much money you can make with a print-on-demand business is the quality of your designs – so create high-quality designs to attract customers.

How much money can you make printing t-shirts?

The amount of revenue you can generate with a t-shirt business depends on several factors, such as your customer base and location. You can make about $573 with an average order of 72 custom t-shirts which takes one hour to print. Wages and materials cost about $169, leaving you with a profit of $304.

Is 3D printing a profitable business?

Yes, it is. Even so, revenue may vary depending on your target market and location. Industry insiders say the prospects look good since 3D printing is still at its infant stage. The trick is to invest in the right equipment to produce work that customers can buy at a premium price.

How do printing companies get clients?

Printing companies can acquire clients through networking, referrals, online presence, direct marketing, local partnerships, and participating in industry events.

Are digital prints profitable?

Digital prints can be profitable due to cost efficiency, quick turnaround times, and the ability to offer customized prints, but profitability may vary.

How do I make my printing business successful?

To make a printing business successful, focus on high-quality products/services, excellent customer service, strong branding and marketing, staying updated with industry trends, building relationships, expanding service offerings, efficient operations, and continuous improvement.

printing business idea rating

Step 1: Decide if the Business Is Right for You

The first step is market analysis, to understand what’s happening in the industry and the prospects of building a successful business.

Pros and cons

Before you open a print shop, it’s best to weigh the pros and cons to help you determine if the risk is worth it.

  • Highly profitable
  • High customer retention rate
  • Easy to start; work from home if needed
  • Broad and exciting market
  • Little experience required
  • Cutthroat competition
  • High overhead costs

Printing industry trends

The printing industry is seeing a rebirth. For starters, research firm Mordor Intelligence expects the global printing market to see steady annual growth of nearly 2.5% for the next five years.(( https://www.mordorintelligence.com/industry-reports/commercial-printing-market )) 

That’s nothing compared to the explosive forecast for 3D printing, which is becoming more common in many sectors, including healthcare and manufacturing.

Industry size and growth

printing industry size and growth

  • Industry size and past growth – The US printing industry has seen a gradual decline in recent years and is valued at about $79 billion as of 2022, according to market analyst IBISWorld.(( https://www.ibisworld.com/industry-statistics/market-size/printing-united-states/ ))  
  • Growth forecast – The US digital print market is headed toward impressive annual growth of almost 7% through 2026(( https://www.globenewswire.com/news-release/2021/05/10/2226163/0/en/The-digital-printing-market-size-is-expected-to-grow-from-USD-24-8-billion-in-2021-to-USD-34-3-billion-by-2026-at-a-CAGR-of-6-7.html )) while the 3D printing market is seen to grow from $14 billion in 2021 to $51 billion in 2028 — a more than 350% expansion in just seven years.(( https://www.grandviewresearch.com/industry-analysis/3d-printing-industry-analysis ))
  • Number of businesses – There are nearly 45,000 printing businesses in the US.(( https://www.ibisworld.com/industry-statistics/number-of-businesses/printing-united-states/ ))
  • Number of people employed – The industry employs more than 350,000 people.(( https://www.ibisworld.com/industry-statistics/employment/printing-united-states/ ))

Trends and challenges

printing industry Trends and Challenges

Trends shaping the printing industry include:

  • Growing preference for 3D and digital printing
  • Emergence of erasable printing technology, security printing, and cloud printing

Challenges in the printing industry include:

  • Declining demand due to adoption of digital technology
  • High level of competition

What kind of people work in printing?

printing industry demographics

  • Gender – Around 66% of all printers are male, while 34% are female.(( https://www.zippia.com/printer-jobs/demographics/#gender-statistics ))
  • Average level of education – 36% of printers have a high school diploma and 28% hold a bachelor’s degree.(( https://www.zippia.com/printer-jobs/education/ ))
  • Average age – The average age of an employed printer is 48 years old.(( https://www.zippia.com/printer-jobs/demographics/#age-statistics ))

How much does it cost to start a printing business?

The cost of starting a printing business depends on location, initial equipment, and upfront supplies.

You should expect to spend at least $40,000 for a barebones operation and up to $400,000 on the higher end. However, most in the printing business spend about $200,000 for a well-rounded print shop.

Signing on with a franchise such as the UPS Store boosts income. But if you’re not getting a franchise, your startup investment as an independent printing business will cover the following:

Start-up CostsBallpark RangeAverage
Printing shop$4,000 - $12,000$8,000
Equipment$1,500 - $12,000$6,750
Printing supplies$1,000 - $5,000$3,000
Software per year$500 - $1,000$750
Website per year$100 - $200$150
Marketing$500 - $1,000$750
Insurance and licensing$500 - $1,000$750
Total$8,100 - $32,200$20,150

How much can you earn from a printing business?

printing business earnings forecast

Depending on industry segment and size of operation, a printing business tends to generate $100,000 to $200,000 in annual revenue, at a 50% profit margin. After costs, such as design software subscriptions, equipment maintenance, supplies, salaries, rent, and insurance, you’ll have a pre-tax profit of $50,000 to $100,000 per year.

Of course, if you add another printer, move to a larger space, or open a second and third location, you can make significantly more.

What barriers to entry are there?

The biggest barrier to entry in the printing industry is the high level of competition. Printing is a relatively popular market, attracting a lot of entrepreneurs. Your ability to offer competitive pricing and custom print options can help you gain a share of the market.

The high cost of equipment is another barrier. Printing equipment is expensive, and unless you have adequate capital, you’ll have a problem running a well-rounded service or outperforming your competitors.

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Step 2: hone your idea.

The second step to starting a printing business is to get more clarity about what you need to do to achieve success. Here’s what you need to do during this phase:

Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.

Why? Identify an opportunity

Your competition will be other businesses offering the same services in your area. You will also be competing against larger companies with a nationwide presence, such as American Printing.

One of the easiest ways to establish a strong presence quickly in the printing industry is to leverage franchising. Partnering with printing franchises such as The UPS Store can provide your business a steady stream of business cards, brochures, and other marketing materials to boost income.

These materials are an integral part of fostering relationships during seminars, trade shows, and other promotional events.

What? Determine your services

Running a print shop typically involves providing one or more printing services, including screen, offset, 3D printed products , or digital printing. You could also offer a combination of services, such as screen and digital. Most printing businesses offer various specialized services such as T-shirt printing, signage, brochures, magazines, business cards, catalogs, and more.

Knowing which commercial printing service to start will help you determine your target customers, competition, and how to stand out.

  • Digital printing involves creating designs on a computer and then printing it on various materials, including paper, canvas, fabric, and more. The leading digital printing technologies include inkjet and laser. Inkjet is commonly used for signages, short print runs, and posters. Laser printers are used for direct mails and brochures.
  • Traditional offset printing, also known as lithography, is ideal for high-volume commercial jobs. Ever seen a video of newspapers running through big rollers? That’s offset printing.
  • Screen or silk printing involves pressing ink through a stenciled mesh screen to create a printed design. It is popular for T-shirts, mugs, and billboards.
  • The newest and fastest growing market segment is 3D printing, which involves the construction of a three-dimensional object from a computer design. This is not your grandfather’s printing method.

printing press business plan

With a niche strategy, you can leverage your expertise in a particular area to stand out from your competition.

Think of it as a way to help you focus on printing services that your competitors aren’t offering in your area.

Decide whether you want to provide digital, screen, or offset printing services, or a combination of these services. That way, you won’t have a problem identifying your ideal customers.

While most print shops run from Monday through to Friday, operating hours depend on your current orders, which means you might work on weekends and late hours if you have a deadline to meet.

How much should you charge for printing?

Your pricing structure can make or break your printing business. Here are a few pricing strategies you can use:

Cost + markup pricing

This model involves determining the price by forecasting the cost of printing for a specific project then adding the desired profit markup on top.

Gain market share pricing

This strategy involves setting low prices to gain market share against competitors. The model works well if you’re offering multiple printing services.

For instance, you may lower prices for 3D printing to attract new customers knowing that you’ll later sell these clients more profitable services such as long-run offset printing. Research industry rates to help you determine the best pricing model for your business.

Once you know your costs, you can use this Step By Step profit margin calculator to determine your mark-up and final price points. Remember, the prices you use at launch should be subject to change if warranted by the market.

Who? Identify your target market

You’ve chosen your niche. The next thing you want to do is pinpoint your target customers. Targeting specific groups of potential clients can help reduce your marketing costs and maximize profits.

For instance, if you run a 3D printing business, your target customers would be display companies, ad agencies, marketing firms, and manufacturers. If you’re operating a screen printing business, your customers would include college students and T-shirt design firms.

When you know the printing customers to target, you can easily reach them, not to mention that you’ll be in a better position to provide quality services.

Where will your business be based?

While you can run your printing service from home, you’re better off with a storefront location. Ideally, you’ll want an area that’s visible and accessible.

Even if you don’t plan to attract many walk-in customers, a visible location can help spread the word about your business to local customers. You’ll also need a site that offers quick access to clients picking up their orders and people delivering supplies.

Also, as you evaluate a potential location for your print shop, consider zoning regulations to ensure that your chosen site allows for the legal operation of your business. Lastly, make sure that the cost of renting and running your selected location is within your budget.

You can find commercial space to rent in your area on Craigslist , Crexi , and Commercial Cafe . When choosing a commercial space, you may want to follow these rules of thumb:

  • Central location accessible via public transport
  • Ventilated and spacious, with good natural light
  • Flexible lease that can be extended as your business grows
  • Ready-to-use space with no major renovations or repairs needed

Step 3: Brainstorm a Printing Company Name

Here are some ideas for brainstorming your business name:

  • Short, unique, and catchy names tend to stand out
  • Names that are easy to say and spell tend to do better 
  • The name should be relevant to your product or service offerings
  • Ask around — family, friends, colleagues, social media — for suggestions
  • Including keywords, such as “printers” or “digital printing”, boosts SEO
  • Choose a name that allows for expansion: “Inkwell Printing Solutions” over “T-Shirt Printing Hub” or “Business Card Printing Solutions”
  • A location-based name can help establish a strong connection with your local community and help with the SEO but might hinder future expansion

Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these. 

Find a Domain

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Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that sets your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity. 

Step 4: Create a Printing Business Plan

Here are the key components of a business plan:

what to include in a business plan

  • Executive Summary: A concise overview of the business plan, summarizing key points and objectives.
  • Business Overview: A detailed description of the printing business, including its mission, vision, and core values.
  • Product and Services: Clearly outline the printing services offered, such as digital printing, offset printing, and additional services like graphic design.
  • Market Analysis: Research and analysis of the printing industry, including target market demographics, trends, and potential opportunities.
  • Competitive Analysis: Assessment of competitors in the printing market, identifying strengths, weaknesses, and strategies to gain a competitive edge.
  • Sales and Marketing: Strategies for promoting and selling printing services, including pricing, advertising, and sales channels.
  • Management Team: Introduction to key members of the management team, highlighting their skills and roles in the business.
  • Operations Plan: Details on the day-to-day operations of the printing business, covering production processes, equipment, and workflow.
  • Financial Plan: A comprehensive financial forecast, including startup costs, revenue projections, and a break-even analysis.
  • Appendix: Supplementary materials, such as resumes, additional market research, or legal documents, supporting the information presented in the business plan.

If you’ve never created a business plan, it can be an intimidating task. You might consider hiring a business plan specialist to create a top-notch business plan for you.

Step 5: Register Your Business

Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.

Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business! 

Choose where to register your company

Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you are planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to printing. 

If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state. 

Choose your business structure

Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your printing business will shape your taxes, personal liability, and business registration requirements, so choose wisely. 

Here are the main options:

types of business structures

  • Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
  • General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
  • Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
  • C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
  • S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC , which just needs to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.

We recommend that new business owners choose LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your articles of organization , and answer any questions you might have.

Form Your LLC

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printing press business plan

Step 6: Register for Taxes

The final step before you’re able to pay taxes is getting an Employer Identification Number , or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN. 

Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.

printing press business plan

The IRS website also offers a tax-payers checklist , and taxes can be filed online.

It is important to consult an accountant or other professional to help you with your taxes to ensure you are completing them correctly.

Step 7: Fund your Business

Securing financing is your next step and there are plenty of ways to raise capital:

types of business funding

  • Bank loans : This is the most common method, but getting approved requires a rock-solid business plan and strong credit history.
  • SBA-guaranteed loans : The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
  • Government grants : A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
  • Venture capital : Offer potential investors an ownership stake in exchange for funds, keeping in mind that you would be sacrificing some control over your business.
  • Friends and Family: Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
  • Crowdfunding: Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
  • Personal: Self-fund your business via your savings or the sale of property or other assets.

Bank and SBA loans are probably the best option, other than friends and family, for funding a printing business. You might also try crowdfunding if you have an innovative concept.

Step 8: Apply for Printing Business Licenses and Permits

Starting a printing business requires obtaining a number of licenses and permits from local, state, and federal governments.

Federal regulations, licenses, and permits associated with starting your business include doing business as (DBA), health licenses and permits from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits. 

You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more. 

You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.

This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.

If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.

Step 9: Open a Business Bank Account

Before you start making money you’ll need a place to keep it, and that requires opening a bank account .

Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your printing business as a sole proprietorship. Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.

Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account. 

Step 10: Get Business Insurance

Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.

Here are some types of insurance to consider:

types of business insurance

  • General liability: The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
  • Business Property: Provides coverage for your equipment and supplies.
  • Equipment Breakdown Insurance: Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
  • Worker’s compensation: Provides compensation to employees injured on the job.
  • Property: Covers your physical space, whether it is a cart, storefront, or office.
  • Commercial auto: Protection for your company-owned vehicle.
  • Professional liability: Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
  • Business owner’s policy (BOP): This is an insurance plan that acts as an all-in-one insurance policy, a combination of any of the above insurance types.

Step 11: Prepare to Launch

As opening day nears, prepare for launch by reviewing and improving some key elements of your business. 

Essential software and tools

Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks.  

You can use design software such as The Print Shop , Canva , and Printavo , to create professional print layouts, adding flair to your projects.

  • Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero . 
  • If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial. 

Develop your website

Website development is crucial because your site is your online presence and needs to convince prospective clients of your expertise and professionalism.

You can create your own website using services like WordPress, Wix, or Squarespace . This route is very affordable, but figuring out how to build a website can be time-consuming. If you lack tech-savvy, you can hire a web designer or developer to create a custom website for your business.

They are unlikely to find your website, however, unless you follow Search Engine Optimization ( SEO ) practices. These are steps that help pages rank higher in the results of top search engines like Google. 

Here are some powerful marketing strategies for your future business:

  • Local Partnerships: Forge partnerships with local businesses, such as event planners, schools, and restaurants, to offer exclusive printing services, creating a mutually beneficial relationship.
  • Sample Kits: Develop eye-catching sample kits showcasing your printing capabilities and distribute them to potential clients, leaving a lasting impression and tangible evidence of your quality.
  • Social Media Engagement: Leverage social media platforms by regularly sharing visually appealing content, highlighting your printing projects, and engaging with your audience through contests or polls to build a strong online presence.
  • Referral Programs: Implement a referral program where existing clients receive discounts or perks for referring new business, turning satisfied customers into advocates for your printing services.
  • Specialized Packages: Create specialized printing packages for occasions like weddings, corporate events, or product launches, demonstrating your ability to tailor services to specific needs.
  • Community Events Sponsorship: Sponsor local events or community gatherings to increase brand visibility, and consider providing on-site printing services to showcase your capabilities directly to potential customers.
  • Interactive Workshops: Host workshops or seminars on printing techniques, design trends, or DIY printing projects, positioning your business as an authority in the field and attracting a diverse audience.
  • Customer Loyalty Programs: Develop loyalty programs offering discounts or exclusive deals for repeat customers, fostering long-term relationships and incentivizing clients to choose your printing services consistently.
  • Targeted Direct Mail Campaigns: Design and execute targeted direct mail campaigns to specific industries or demographics, showcasing how your printing services can meet their unique needs.
  • Testimonials and Case Studies: Collect and showcase client testimonials and case studies that emphasize successful collaborations, building trust and credibility with potential customers.

Focus on USPs

unique selling proposition

Unique selling propositions, or USPs, are the characteristics of a product or service that sets it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your printing meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire. 

Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your printing business could be:

  • Fastest printing service in town!
  • If you can design it, we can print it
  • No job is too small, or too big

You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running a print shop, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in printing for years and can offer invaluable insight and industry connections. 

The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in printing. You’ll probably generate new customers or find companies with which you could establish a partnership. Online businesses might also consider affiliate marketing as a way to build relationships with potential partners and boost business.

Step 12: Build Your Team

If you’re starting out small from home, you may not need any employees. But as your business grows, you will likely need workers to fill various roles. Potential positions for a printing business would include:

  • Designers and Printers
  • General Manager
  • Marketing Lead

At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need. 

Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent. 

Step 13: Run a Printing Business – Start Making Money!

In the near future, 3D printing and digital printing will likely come to dominate the market. Other trends to look out for include erasable printing technology, security printing, and cloud printing. A smart entrepreneur would get in now while the market is still taking shape.

You’re now ready to start printing and making money! Thought you might want to bookmark this page, just in case.

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  • Decide if the Business Is Right for You
  • Hone Your Idea
  • Brainstorm a Printing Company Name
  • Create a Printing Business Plan
  • Register Your Business
  • Register for Taxes
  • Fund your Business
  • Apply for Printing Business Licenses and Permits
  • Open a Business Bank Account
  • Get Business Insurance
  • Prepare to Launch
  • Build Your Team
  • Run a Printing Business - Start Making Money!

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Beginner’s Guide: How to Start a Successful Printing Press Business

printing press business plan

Are you someone who has a passion for design and a keen eye for detail? Do you dream of turning your love for printing into a thriving business? Starting a printing press can be an incredibly rewarding venture, but like any business, it requires careful planning and execution. If you’re ready to embark on this exciting journey, we’ve got you covered with everything you need to know to get started!

Understanding the Basics

Before diving headfirst into the world of printing, it’s essential to understand the fundamentals of the business. A printing press is a facility where various printing tasks are performed, such as digital printing, offset printing, and large-format printing. These services cater to a wide range of clients, including businesses, organizations, and individuals.

Conducting market research

Like any business endeavor, market research is key to understanding your target audience and competition. Identify your niche and assess the demand for printing services in your area. Consider factors such as demographics, competitors, and emerging trends to tailor your offerings effectively.

Creating a Business Plan

A well-thought-out business plan serves as a roadmap for your printing press venture. Outline your business objectives, target market, marketing strategies, and financial projections. This document will not only guide you through the startup phase but also serve as a reference point as your business grows.

Securing Funding

Starting a printing press requires an upfront investment in equipment, materials, and operational costs. Explore various funding options, such as personal savings, bank loans, or investors. Ensure that you have adequate financial resources to cover both startup expenses and initial operating costs.

Setting Up Your Workspace

Choosing the right location for your printing press is crucial to its success. Look for a space that offers sufficient square footage for your equipment and allows room for expansion. Consider factors such as accessibility, proximity to clients, and zoning regulations when selecting your workspace.

Investing in Equipment

Investing in high-quality printing equipment is essential for delivering top-notch results to your clients. Research different types of printers, copiers, and finishing equipment based on your specific printing needs. While purchasing new equipment may be costly, it’s a worthwhile investment in the long run.

Building your brand

Establishing a strong brand identity sets you apart from the competition and builds trust with your clients. Develop a memorable brand name, logo, and visual identity that reflect the quality and professionalism of your printing services. Leverage digital marketing channels such as social media, websites, and email marketing to promote your brand and attract customers.

Offering exceptional service

Customer satisfaction is paramount in the printing industry. Provide personalized service, quick turnaround times, and attention to detail to exceed your clients’ expectations. Build long-term relationships with your customers by consistently delivering high-quality results and addressing their needs promptly.

Staying Updated

The printing industry is constantly evolving with advancements in technology and changing customer preferences. Stay updated on the latest printing techniques, equipment upgrades, and industry trends to remain competitive. Continuously seek opportunities for professional development and innovation to keep your printing press business ahead of the curve.

Starting a printing press business is an exciting venture filled with opportunities for creativity and growth. By following these steps and staying committed to excellence, you can turn your passion for printing into a successful and profitable enterprise. Embrace the journey, learn from the challenges, and watch your printing press business flourish in the dynamic world of printing!

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How to Start a Printing Business

Last Updated: May 7, 2024 Fact Checked

This article was co-authored by Helena Ronis . Helena Ronis is Co-founder and CEO of AllFactors, a unified web analytics software to drive company's marketing and business growth. She has worked in product and marketing in the tech industry for over 8 years, and studied Digital Marketing & Analytics at the MIT Sloan School of Management Executive Program. This article has been fact-checked, ensuring the accuracy of any cited facts and confirming the authority of its sources. This article has been viewed 532,481 times.

According to the U.S. Bureau of Labor Statistics, most printing business enterprises employ fewer than 10 people. As more printing business owners utilize digital printing equipment, fewer skilled technicians will be needed to operate this machinery. Modern digital printing equipment is smaller and more affordable than ever before and practically anyone with capital can purchase and operate digital printing equipment, even from a home office.

Finding a Printing Niche

Step 1 Find a niche within the printing industry.

  • One of the best examples of this strategy can be seen by the success of franchise sign printing businesses, which target budget-minded business owners who only need occasional signs and banners, which can be spotty (inconsistent demand) or loaded with competition. They do not attempt to offer anything but quick-turnaround signs and leave brochures and envelope printing to traditional offset printing businesses. [2] X Research source

Step 2 Familiarize yourself with the business standards.

  • Product match, excellent quality – very precise color, hue, and tone for high end products.
  • Color match, excellent quality – usually precise Process Matching System (PMS Colors) by screen values (tones created by dot sizes) of the 4 process colors (cyan, magenta, process yellow, and black).
  • Or just pleasing color , of medium quality – which is not so precisely matched. Caution : that means pleasing to the customer , not to you.
  • Commercial quality printing is probably a cut above desktop publishing, done in your-office (above typical office printer, copier, or duplicator quality). It requires sharp line art and text – fineness of line work does not vary from page to page, screen color or halftone detail is consistent.
  • Any choice of printing process (or brand of paper) shown on a quote to your customer is for them to choose. No, you can not substitute a more profitable method or material. Unless they agree in writing to a change, they can demand that it be redone at your expense -- if you did not follow written specifications precisely.

Determining What Equipment You’ll Need

Step 1 Research the competition and their equipment.

  • At the very least, you’ll need a desktop computer, some design software, and a high-quality digital printer that is able to handle jobs up to 11in x 17in. [3] X Research source

Step 3 Research and obtain any necessary approval or documentation.

  • You should familiarize yourself with Occupational Safety and Health Act (OSHA) requirements, including their and other agencies such as Equal Employment Opportunity Commission (EEOC) “postings” (required posters about safety and employment opportunity, etc.).
  • If you only use independent, outside printing contractors to do occasional printing that you cannot do personally, then you could be a "printing broker" (non-affiliated, wholesaler) and not have employees.
  • Quarterly estimates of income, record keeping, reporting of actual proceeds, and paying your personal proprietorship or corporate (limited liability corporation [LLC]) taxes and social security for yourself is your responsibility to learn and complete each year.

Step 4 Secure funding.

  • After you become established and have enough credit and show volume and potential, you might be able to lease equipment, which can bring flexibility, but leases may have penalties and balloon notes, etc. to return or to keep the item, respectively.

Offering Profitable Services

Step 1 Choose a business location.

  • You can look at locations online via realtor websites or hire a realtor to help you find the perfect location for your new printing business.

Step 2 Turn printed items into products by creating a menu of what you offer.

Community Q&A

Community Answer

  • Plan to outsource complimentary services you cannot do in-house. If you can print business cards but lack a good paper cutter, establish relationships with a local print shop who has one. Instead of competing with one another for business, learn how to work together to partner on jobs and create more prosperity for both printing businesses. Thanks Helpful 0 Not Helpful 0

printing press business plan

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Start a Small Library

  • ↑ http://www.technifoldusa.com/bindery-success-blog/bid/34727/How-Can-I-Generate-More-Sales-in-My-Printing-Business
  • ↑ https://www.linkedin.com/pulse/20140829080534-39488528-the-emerging-digital-printing-business-versus-offset-printing/
  • ↑ http://www.entrepreneur.com/businessideas/digital-printing-service
  • ↑ https://www.sba.gov/business-guide/launch-your-business/pick-your-business-location
  • ↑ http://www.noobpreneur.com/2012/06/11/how-to-start-a-successful-printing-business-with-minimal-investment/

About This Article

Helena Ronis

To start a printing business, start by finding a niche that fulfills a specific need for your customers, such as digital printing or budget-friendly sign printing. Then, find a location for your business that’s easy to get to and is large enough for your equipment. Once you have a storefront, research the equipment that you’ll need to buy, such as a computer, design software, and a high-quality printer. Next, create a menu of services to offer customers exactly what they need, such as a portable tabletop sign that can be used for events or sales meetings. For advice on how to promote your printing business online and in your community, read on! Did this summary help you? Yes No

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printing press business plan

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Print Shop Website Business Plan

Start your own print shop website business plan

PrintingSolutions.com

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

PrintingSolutions.com is being designed as a global Internet printing services/print shop who is focused on reducing the overall printing price structure, in addition to enabling business-to-business transactions for printing presses and the graphic art design industry. PrintingSolutions.com will also attain a competitive edge by offering services such as website development and e-commerce, which have become essential for any business presence.

PrintingSolutions.com intends to establish and operate an Internet print shop with services costing significantly less than the prices of its competitors, while supplying superior quality. Incorporating its website and graphic art services, Printing Solutions will enable both start-up and existing companies to reduce their printing and e-commerce costs.

Highlights of PrintingSolutions.com

  • Breakthrough services. PrintingSolutions.com will develop a unique website that provides customers various ways to create business stationery, including business cards, envelopes, notepads, and door hangers. A graphic art design center will also be provided, enabling customers to create company logos and other designs essential to their company’s identity.
  • Trademarks. The company plans to register a corporation under the name of PrintingSolutions.com and operate under the same name.
  • Large markets. Recent studies by Forrester Research Inc. reveal that business-to-business (B2B) commerce will total $2.7 trillion in revenue by Year 5. The data emphasize that e-marketplaces will be responsible for 53% of all online business trade.
  • Seasoned management. The company’s management is highly experienced and qualified.
  • Customers. The company will primarily target small and start-up businesses throughout the country. The company will also develop plans to negotiate deals with big businesses.

The biggest competitive threat for PrintingSolutions.com will come from iPrint.com. However, we will have a competitive advantage over iPrint.com by offering lower prices on all products and services. Customers in this industry are sensitive to both quality and price, and at PrintingSolutions.com they will benefit from both offerings.

PrintingSolutions.com has a world-class management team with direct knowledge of the industry, extensive research experience, and unique administration skills. The team will be led by Mr. Dalton Grant.

The company projects that during the second half of Year 1 it will generate revenues of $250,000. Projected revenues for Year 2 and Year 3 are $2.91 million and $5.82 million, respectively. PrintingSolutions.com is seeking $830,000 in venture capital to be used for:

  • Establishing an organization and office presence in both the United States and overseas.
  • Completing development of the Internet print shop.
  • Marketing the website and its services and products.

Print shop website business plan, executive summary chart image

1.1 Mission

The mission of PrintingSolutions.com is to become a global company, utilizing the power of the Internet to become the market leader in providing online printing, website designs, graphic art designs, and a B2B portal for the untapped printing press and graphic art design industries. To accomplish this, the company will combine high-quality workmanship with the lowest costs in the industry.

Company Summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">

PrintingSolutions.com will be incorporated as a C-corporation, with principal offices located in Bluegene, Oregon. All operations, from administration to website development, will take place at this leased office location of approximately 1,000 square feet. The company also plans to establish an office offshore to facilitate, control prices, and monitor the quality of work.

2.1 Start-up Summary

The company’s product selection will not need a high initial investment. The staff that develops websites is capable of many other projects, too. In addition, the materials required for printing do not expire and can be utilized for other printing purposes as well.

Print shop website business plan, company summary chart image

Start-up
Requirements
Start-up Expenses
Office setup $325,000
Marketing $500,000
Other Administrative expenses $25,000
Salaries $10,000
Research and development $20,000
Other $0
Total Start-up Expenses $880,000
Start-up Assets
Cash Required $950,000
Start-up Inventory $0
Other Current Assets $200,000
Long-term Assets $0
Total Assets $1,150,000
Total Requirements $2,030,000

PrintingSolutions.com will be an online provider of printing and B2B print services, focusing on the business market. This will be fortified with the company’s graphic art and website design services.

The online print shop will offer customers a one-stop shop for addressing their printing needs. Customers will be able to easily design and order customization on thousands of products, primarily small-quantity printed products. By automating and enhancing the print order process and electronically connecting our online printing services to carefully-selected commercial print vendors, it is believed, based on experience in the printing industry, that the company will significantly reduce the costs and inefficiencies associated with the traditional printing process. Our online print services are designed to be more convenient and cost-effective than printing alternatives provided through traditional print channels.

PrintingSolutions.com will simplify the design and ordering process in several ways, including the elimination of manual steps and handwritten forms used by traditional print shops. The company believes this will significantly reduce reprint-due-to-error costs and the associated print wastage incurred by commercial print vendors. Exact re-prints of previous orders will be available at a reduced cost. At the same time, the company will lower costs and improve capacity utilization for its commercial print vendors since it will electronically route orders to commercial print vendors that have idle capacity. PrintingSolutions.com also believes that these efficiencies, incorporated with lower overhead costs due to the online nature and automation, will allow the company to be more cost effective than traditional printing alternatives. Furthermore, the cost of printing will be greatly reduced by using the offshore printing press affiliate, Creative Designs and Printers.

In addition to providing customers with online print services directly through the PrintingSolutions.com website, the company will be conducting B2B through PrintingSolutionsB2B.com.

Graphic Art Design: PrintingSolutions.com will provide a graphic art design center where customers will describe their company to enable a graphic art designer to create a logo for them.

Website Design: Customers will also be able to have website designers create effective websites for their company. Customers will choose from either a template or a customized website, whichever suits their business needs.

Business Stationery: This will initially include:

  • Business cards
  • Writing tablets
  • Door hangers
  • Greeting cards
  • Logo designs

3.1 Fulfillment

All services provided by PrintingSolutions.com (business stationery products, website designers, and graphic art designs) originate overseas; when necessary, a United States-based team will provide assistance.

Customers will be able to work with the designers online for any changes or enhancements once the initial designs have been completed. Delivery of graphic art designs and websites will be done electronically, with the option of receiving a compact disk.

In the event that an error is made in printing an order, customers will have the option of returning it to have it reprinted. Otherwise, all sales will be final, since the printing will be customized and cannot be resold. Customers will not be able to cancel the order once the materials are printed.

Customers will be able to contact the company via the Internet through email, and interactive tools such as AOL instant messenger and Microsoft net-meeting. Additionally, the company will provide traditional telephone customer service.

3.2 Technology

Pro Tip:

3.2.1 Challenges

The challenges for an online print shop which are not typically faced by other electronic commerce vendors include:

  • Customer-driven product creation. Customers do not order from a static, pre-set product catalog. Rather, customers can create sophisticated desktop publishing design projects, requiring the ability to freely mix text, graphic images, fonts, styles, and colors on printed items.
  • Intensive customer interaction.  Our websites are not presenting static content pages; customers are engaged in intensive design activities which require constant system monitoring and optimization as visitor traffic grows.
  • Integrating the process of typesetting with commercial printing. Typesetting is a precision science. PrintingSolutions.com will automatically convert an onscreen design into a resolution-independent electronic file that can be successfully reproduced by a variety of commercial print vendors, each with different printing processes and order management requirements.
  • Point-of-order pricing. Since each product created is a custom design consisting of various inks, papers, designs, and quantity attributes, PrintingSolutions.com must be able to provide accurate, real-time pricing information to its customers that can be calculated instantaneously from tens of thousands of price point combinations.
  • Re-orders. PrintingSolutions.com will retain each customer’s order specifications, including all designs, negatives, and print plates, for a limited time. This will enable us to charge a lower fee for an exact reprint of a previous order.
  • Intelligent order routing. Each of the commercial print vendors the company will work with has different capabilities and a unique set of requirements that are taken into account when determining how to fulfill an order. By considering account product type, pricing, geography, and shipping options, PrintingSolutions.com will strive to route each order individually to the vendor with the best combination of quality, delivery time, and price.

PrintingSolutions.com believes that, with our technology expertise, we will be able to address these challenges while also handling large numbers of customer design sessions and orders. We feel this represents a competitive advantage.

3.3 Future Services

Customized printing will be offered in the future on products including:

  • Mass print materials (such as books and magazines)
  • Rubber stamps

PrintingSolutions.com will eventually provide franchising opportunities. As the need for doing business in the information age evolves, so will we. The company will provide resources for customers to remain on the cutting edge of technology.

Market Analysis Summary how to do a market analysis for your business plan.">

PrintingSolutions.com will focus on small and start-up business customers in the United States. We plan to aggressively pursue and acquire customers through direct business promotions and convert them into repeat paying customers. We will continually strive to provide consumers with more cost-effective avenues, offering substantial savings rather than just a few cents.

PrintingSolutions.com will also be configured to stay ahead of, and capitalize on, emerging market trends such as integration of information/markets and increasing sophistication of online offerings. This will provide a continuously improving, superior customer experience and grow value.

There is a serious benefit deficiency in existing “brick and mortar” printing establishments that create inefficiencies in the ordering and production process. Utilizing the benefits of Internet selling will eliminate many of these problems and create a lower-cost environment.

At the present, PrintingSolutions.com faces major online competition from iPrint.com, which is an established online printer. However, iPrint.com does not offer the lowest cost products on the market, nor does it provide all of the printing services a business needs. Therefore, there is significant opportunity to gain market share.

4.1 Customers and Markets

The company will be primarily targeting small and start-up businesses in the United States; however the company plans to negotiate deals with big businesses. Vendors will include printers and graphic art designers around the world that will be able to help define these markets using the PrintingSolutions.com B2B portal. While the primary focus will be on business customers, PrintingSolutions.com’s ability to print in small quantities will allow the company to service the printing needs of individuals as well.

To ensure success, the company will continuously attract new customers, many of whom may have personal and long-standing relationships with traditional print and design shops, catalog vendors, office supply chains and stationery stores. Traditional print and design shops have many advantages which PrintingSolutions.com cannot offer its customers, including physical proximity and interpersonal business relationships. In addition, catalog vendors may be better able to combine orders to achieve economies of scale and may be more convenient for customers who also want to purchase non-printed products, such as office furniture.

PrintingSolutions.com plans to aggressively pursue and acquire customers through promotions and convert them into repeat paying customers. Direct business promotions are the most important vehicle that the company will use to acquire customers. These promotions may include providing the customer a product, such as a mailing label at no charge, or charging the customer only for shipping and handling, in order to introduce that customer to our products and services.

PrintingSolutions.com plans to expand its business and customer base by offering business promotions on a continuous basis. PrintingSolutions.com will continually strive to provide consumers with more cost-effective avenues, offering substantial savings rather than just a few cents. Using offshore print companies as partners and having partners bid on jobs will be one avenue used to ensure the best prices for our customers.

The following chart and table express the projected number of potential customers in the United States by market segment. Although it is planned to make PrintingSolutions.com a global company, the initial phase of market penetration will focus on the domestic market.

Note: Although the large business segment consists of the smallest number of businesses, this group generates the largest sales and revenues of all three segments. Additionally, it is believed that the company’s ability to gain market share in the third category, “Individual customers,” will be relatively small in comparison with the other two. This is due to the primary concentration of marketing efforts on the business segments.

Print shop website business plan, market analysis summary chart image

Market Analysis
Year 1 Year 2 Year 3 Year 4 Year 5
Potential Customers Growth CAGR
Small Businesses Utilizing Internet 8% 4,970,000 5,342,750 5,743,456 6,174,215 6,637,281 7.50%
Large Businesses Utilizing Internet 6% 113,600 119,848 126,440 133,394 140,731 5.50%
Individuals Utilizing Internet w/Printing Needs 27% 5,430,000 6,896,100 8,758,047 11,122,720 14,125,854 27.00%
Total 18.75% 10,513,600 12,358,698 14,627,943 17,430,329 20,903,866 18.75%

4.2 Target Market Segment Strategy

Printing Solutions has chosen to focus on the small business market segment as its primary customer base because these customers usually have the lowest switching costs, do not have long-term relationships with other printing companies, and are the most aggressive in searching for low-cost printing services. Furthermore, Printing Solution’s ability to route jobs of various sizes to printers with temporary excess capacity matches well with these companies, who usually desire smaller print jobs than the larger companies.

As stated previously, PrintingSolutions.com will also focus on large businesses. The advantage with this market segment is that each job usually offers a higher margin than compared with the small business segment.

Finally, the company will also address individual needs. This is potentially the largest market; however, there is a relatively high churn rate in this segment that will require more extensive marketing efforts to attract new customers. This, in turn, lowers the margin and makes this segment the least attractive.

4.2.1 Market Trends

The evolution of vertical e-marketplaces

From isolated niche offerings . . . e-marketplaces begin their lives by providing a narrow range of targeted products for a buyer base. FairMarket, for example, was launched as a website where electronics manufacturers and distributors could auction surplus electronic components to resellers and system integrators. This highly-focused effort enables online markets to gain initial traction.

. . . to highly interconnected one-stop shops. Vertical e-marketplaces will grow to provide a single access point for commerce and information within an industry–combining multiple services like logistics, payments, and credit with product offerings in real time. As an example, e-marketplace participants purchasing containers of extruded plastic will be able to access specific cargo insurance quotes in the midst of arranging logistics tailored to that order.

2000 To 2001: Racing To Establish Credibility

Over the next 12 to 18 months, e-marketplaces will continue their attack on narrowly-scoped industry inefficiencies by focusing on simple themes:

  • Enhance basic commerce platforms. Firms will solidify their infrastructures to support one or two types of dynamic transaction mechanisms–auction, bid, exchange, or aggregator–targeting specific industry inefficiencies.
  • Sprint to critical mass. Since no more than a few significant e-marketplaces will succeed in most industries, e-marketplaces will do whatever it takes to establish themselves as one of the long-term winners. Websites will relentlessly woo key suppliers and sign ad hoc deals with corporate buyers to quickly ramp sales volumes. In addition to the transaction push, market makers will kick off intense marketing campaigns, requiring a large part of their funds, to create images of success in publications like The Wall Street Journal .
  • Invent unique offerings. E-marketplaces will actively create Net-based service offerings that participants can’t access offline. An example is being able to design and order your printed stationery 24 hours a day.

2001+: Building Value through Networks.

Beginning in 2001, e-marketplaces will move beyond basic issues of critical mass and begin reaching out, beyond their websites, to integrate more intensely with other product and service providers. Market makers that make it to this more evolved stage will look to provide a broader set of capabilities to participants by:

  • Configuring comprehensive product/service bundles. E-marketplaces will fulfill customers’ visions of one-stop shops by connecting the process of product research information all the way through to trade settlement and clearing–as part of one connected transaction process. These websites will integrate services like risk management, financing, and logistics into a single flow.
  • Weaving together marketplaces. To deliver sophisticated configuration of products and services, Internet vertical markets will seamlessly interconnect with other marketplaces. In this environment, participants may enter one marketplace to perform one simple transaction process–like putting their brochure needs up for bid–but will be led down an orchestrated path through other interrelated websites.
  • Establishing real-time measurements. In a push for new revenue sources, e-marketplaces will cash in on the mass of data streaming through their websites–charging participants for analytic tools to access data and then levying additional fees to massage the data to glean meaningful trends. Look for dynamic pricing engines in commodities, like electronic components, which will help buyers by analyzing current data trends to recommend whether a corporation should put its request for microchips out for bid, buy at an auction, or simply buy stock on a simple volume-discount plan.

4.3 Service Business Analysis

Market Description

Printing can be a major area of expenditure for small businesses. Based on data from CAP Ventures, Inc., an independent print research firm, sales in the United States printing industry totaled $292 billion in 1998, of which $58 billion was derived from commercial printing operations. Short-run, customized items, which include a wide range of business, promotional and general office products, as well as consumer items, comprise a significant portion of these commercial printing operations. This market is highly fragmented, with an estimated 50,000 local and regional commercial printers in the United States.

The traditional process of purchasing short-run print items can be time consuming and error prone. Small businesses and consumers often lack the financial resources to create economies of scale when purchasing printed products. According to the International Data Corporation (IDC), the number of small businesses engaged in e-commerce will grow from 400,000 at the end of 1998 to nearly 2.8 million by the end of 2003.

The explosive growth of the Internet as a tool for global communications has enabled millions of people to interact electronically. The IDC estimates that there were 142 million Web users worldwide at the end of 1998, and expect this number will grow to approximately 502 million by the end of 2003. Rapid acceptance of the Internet as a communications platform, by both businesses and consumers, has created the foundation for significant growth in business-to-business and business-to-consumer e-commerce. IDC estimates that worldwide commerce over the Internet will increase from approximately $50 billion in 1998 to $1.3 trillion in 2003.

The Small Business Administration (SBA) estimates that more than 98% of all businesses in the United States have fewer than 100 employees. These businesses often lack the size and financial resources to create economies of scale. In particular, these organizations typically do not maintain dedicated procurement departments and often do not achieve significant purchasing leverage. That is why the Internet is so important for these businesses; it can provide small businesses and consumers with a number of advantages when making purchases, including:

  • Convenience.
  • Wider selection of products and services.
  • Competitive pricing.

Small businesses are taking advantage of the opportunities the Internet affords. The IDC estimates that the number of small businesses engaged in e-commerce will increase 47.1% annually, from 400,000 at the end of 1998 to almost 2.8 million at the end of 2003, signaling the broad adoption of the Internet by these small enterprises.

The widespread adoption of the Internet as a purchasing vehicle has created a wealth of opportunities for businesses that offer products and services to small businesses and consumers. Simultaneously, it has given both small businesses and consumers a wider variety of products from which to choose at competitive prices.

4.3.1 Market Highlights

Highlights of Market

  • Identifiable market sectors. Forrester Research estimates that there are approximately 70 identifiable vertical market sectors (i.e., manufacturing, insurance, stock brokerage, engineering, etc.) in the commercial business world today.
  • High growth in e-commerce. Forrester Research also reports that B2B e-commerce will be a $1.3 trillion market by 2003 (Red Herring, December 1999). This will surpass the business-to-consumer market by five to seven times.
  • E-commerce market value. IDC, another market intelligence firm, predicts the market to be $633 billion by 2001. IDC also believes that the largest portion of new technology investments for businesses will be devoted to the study and implementation of e-commerce B2B initiatives. Compounded growth between 2001 and 2003 is expected to be 35%. IDC claims that those entrepreneurs that set their banner into e-commerce sectors will be the ones that reap the greatest profits and growth from 2001 and beyond.
  • Internet services market. Gartner, an independent research firm, calls B2B e-commerce “the new millennium’s killer application.” The Internet services’ market will grow at a cumulative annual growth rate of 60% through 2003. IDC also claims that revenue in the worldwide Internet services market grew 71% in 1998 and is expected to grow at a cumulative annual growth rate of 60% through 2003, with revenues for Internet services approaching $80 billion.

4.3.2 E-marketplaces

E-marketplace Reports

The research shows that e-marketplaces will be responsible for 53% of all online business trade. Research also indicates that more companies are moving to make purchases and sales on the Internet and are looking to build deeper relationships with business partners. This research has also shown:

The B2B arena reshaping e-marketplaces. The initial wave of B2B e-commerce has been dominated by extranets that automate off-line processes between partners. However, the Net is now moving to a new business venue, e-marketplaces, where the dynamic many-to-many interactions will supplant stagnant one-to-one relationships. These new trading arenas will flourish because:

  • Industry inefficiencies run rampant. In today’s business environment, comparing offerings across suppliers requires multiple phone calls to various suppliers or enlisting the costly support of a broker. Time-consuming practices like these are easy targets for the Net, where purchasing agents can gain instant access to comparisons of many different products.
  • E-marketplace vendors will lower technology barriers. Today, B2B entrepreneurs can acquire sophisticated marketplace software from firms like Tradex, Ariba, and Commerce One, or entirely offload the building of their websites to a lengthening list of experienced e-commerce integrators like Vision Systems or Software Solutions Pakistan.
  • Venture funding is shifting to business trade. High-profile B2B players like VerticalNet–whose market cap currently exceeds $4 billion–have caught the investor community’s attention. The result? Many venture capitalists are placing bigger bets on their business trade portfolio. 

E-marketplaces will face a changing business environment. As more and more companies compete in the B2B market, there are going to be companies that will either have to sell or go out of business due to:

  • Virgin markets disappearing. While most existing e-marketplaces are launched in a world devoid of serious competition, such as the printing business, these uncharted opportunities will quickly fade away; name recognition must be established.
  • Feature-function races escalate. Functionality is currently not a big issue. But these websites will soon face stiff competition, and basic service offerings won’t be good enough.

PrintingSolutions.com will ensure our success by combining the most functionally-rich e-marketplace with the best prices for our customers. PrintingSolutions.com will aggressively pursue partnerships and develop a large customer base to get a strong foothold in the markets it ventures into. New vertical e-marketplace rules will emerge. As the competition increases in these vertical e-marketplaces, the operators will have to update their strategies and change their business paradigm to:

  • Diversify beyond transaction fees. As vertical marketplace venues grow, websites will be pushed into competitive market share battles. To keep customers online, e-marketplaces will be forced to take a smaller percentage of the deal and expand their businesses by searching for new revenue streams.
  • Expand through interconnections. Customers will begin to look for marketplaces to play dual roles: acting as both a one-stop shop for a variety of products as well as offering highly specialized industry-specific services. To accomplish this, alliances will need to be formed with other marketplaces who specialize in other vertical segments.
  • Configure for specific buyer segments. Marketplaces serving industries like print or office supplies will no longer be able to treat all buyers alike. Marketplaces will need to begin offering service bundles to unique buyers–differentiating between decentralized, multinational corporations shipping overseas and local “Mom-and-Pop” shops.

4.3.3 Competition and Buying Patterns

The traditional process of purchasing printing can be time consuming and error prone. Businesses, particularly self-employed individuals and small businesses, often lack the financial resources to create economies of scale when purchasing printed products.

PrintingSolutions.com believes that consumers will choose products and services based on the following criteria:

  • Significant cost savings. The print shop will operate online and will be highly automated, enabling PrintingSolutions.com to eliminate the costs of both building/managing a physical print shop and printing/distributing catalogs. We will be able to pass these savings on to our customers, offering printed goods for up to 50% less than traditional print and design shops. Furthermore, it is believed that our prices will be competitive and could possibly undercut mail-order catalog prices, but have a superior offering of customized printed products.
Traditionally, the primary cost of printing customized products has been working with customers to decide what needs to be printed. This required a design phase that normally employed the services of a graphics team. By providing predefined templates that enable our customers to customize a product online, the company will eliminate the need for a graphics team for the most significant portion of the work. For products such as brochures and logo designs, PrintingSolutions.com will utilize its offshore resources to complete the job. By enabling customers to do the majority of their own design work, and utilizing the offshore resources, we will significantly reduce our overhead and pass substantial savings on to our customers.
  • Convenience. PrintingSolutions.com will develop its online print shop and specialized print services to be user friendly, using a self-service approach to designing and ordering products. Products will be shipped to the location the customer selects, enabling the entire process to be managed from the comfort of the customer’s office or home.
  • Simplified Design and Ordering Process. For products created on the PrintingSolutions.com website, the technology will empower the customer to design and view printed items prior to purchasing these products. Also, exact re-prints of a previous order may be purchased at reduced rates. At PrintingSolutions.com, we believe that our “what-you-see-is-what-you-get approach” will be superior to the non-visual, forms-based process traditionally used by print shops and office supply catalogs. It will increase reliability and customer satisfaction and reduce the time it takes to complete an order. The company’s interactive design tools will alert the customer of common mistakes and missing information, further reducing the possibility of an incomplete or inaccurate order. Regardless of where a product is created, we will route orders to the optimal printing plant, given the quantity, equipment, raw material, and geographic considerations.
  • Streamlined fulfillment process. After an order is placed, PrintingSolutions.com will electronically send a ready-to-print graphic file. Where appropriate, a job ticket file, which is a data file containing all of the attributes of an order, will be sent to one of the company’s certified commercial print vendors located throughout the United States and Pakistan. Our specialized print services, including the online self-service print shop, will virtually eliminate the pre-press process for commercial print vendors. We believe this will significantly improve the accuracy of the order and substantially reduce the amount of time and effort required for the commercial printer to complete it.
  • Broad range of services and professionally printed products. PrintingSolutions.com will provide a one-stop shop for a wide range of printed products and services, with a print product selection that the company believes is superior to most traditional print shops and office supply catalogs. In the self-service print shop, PrintingSolutions.com will offer print items in several product categories, including brochures, business cards, stationery, business forms, folders, labels, and invitations. Customers will be able to design, view, and modify a product and either immediately place their order or save their work-in-progress to order at a later date. Customers will also be able to send free custom electronic greeting cards and electronic stationery directly from the PrintingSolutions.com website. For print items or quantities not offered in the self-service website, the company will respond to customer requests for specialized projects with individualized price quotes.
  • Comprehensive customer service. PrintingSolutions.com will offer a broad range of customer services during all phases of the ordering and fulfillment process. After each order is placed, an email message will be automatically generated to the customer that itemizes the order, the total cost, and reiterates the estimated delivery time. The company will electronically receive order confirmation, printing, and delivery information from its commercial print vendors and make this information accessible to customers through a password-protected mechanism, enabling the customer to easily check an order’s status online or even cancel the order if it has not yet been printed. An additional email will also be sent once the customer’s order is shipped.
For specialized printing services, PrintingSolutions.com will provide customer service through a combination of electronic and personal assistance. In addition to the above mentioned benefits, we will provide our customers with significant advantages over commercial print vendors. Based on knowledge within the commercial printing industry, we believe that, by integrating our technologies into those of our commercial print vendors and utilizing the “what-you-see-is-what-you-get” approach, we will significantly reduce reprint-due-to-error rates and print wastage.

4.3.4 Main Competitors

The prime competitive threat comes from iPrint.com, a company that currently dominates the market. Its weakness, however, is charging too much. iPrint.com, is an Internet print shop that allows customers to create custom printed products. iPrint.com has developed cutting-edge technology and harnessed the power of the Internet to bring dramatic change to the centuries old printing industry. iPrint.com allows customers to design and order customized printed products such as business cards, office stationery, business checks and forms, personalized company post-it notes, logo coffee cups, promotional t-shirts and photo mouse pads. The company focuses on the business market.

Competitive threats also come from any company that is able to provide the services offered by PrintingSolutions.com at lower prices. The only way to accomplish that is for other companies to have what PrintingSolutions.com will have in terms of knowledge and overseas resources, both in the Internet technology field and printing resources.

The focus of competitors is on printing services, which are grossly overpriced. PrintingSolutions.com will focus on providing more than just printing: the company plans to provide an environment where companies can get their business running as quickly as possible for the best price. Additionally, once the B2B portion of the website is established, the company will be able to further promote competition and gain a larger customer base while limiting operational costs.

PrintingSolutions.com will differentiate itself from competitors by obtaining a global demand for its services. The company will constantly re-evaluate its rates and services to achieve a leading position in the industry, thus allowing customers to attain the services that PrintingSolutions.com provides with substantial savings over competitors’ prices.

The advantage of PrintingSolutions.com will be its team of highly-qualified professionals that have been working in the technology industry for years. Additionally, the company will benefit from having resources outside the United States, and will leverage them extremely well, while keeping the cost of operation down.

Strategy and Implementation Summary

The objective of PrintingSolutions.com is to become the leading online provider of printing and private-brand print services. As part of the ongoing strategy, the company plans to:

  • Create New Services. Capitalize on being one of the first online print shops to target the business market by aggressively introducing new printing services and promotions.
  • Build brand recognition. Build brand recognition by promoting the PrintingSolutions.com brand through diverse marketing channels, such as online advertising, public relations, and trade-show participation.
  • Expand relationships. Expand the company’s marketing relationships by aggressively developing new relationships with leading destination websites and media companies. This will accelerate customer acquisition and increase usage of our online print shop.
  • Build customer base. Build a customer base and stimulate repeat usage by exposing customers to products and services that most closely meet their needs.
  • Expand services. Expand Printing Solution’s specialized print services by creating a range of new online printing services and aggressively marketing these services to current and future customer bases.
  • Expand private-brand initiatives. Expand Printing Solution’s private-brand initiatives by entering into new relationships with a variety of companies to increase distribution and sales channels, and increase the usage of print services.
  • Leverage and extend technology. Leverage and extend the company’s technology platform by enhancing the functionality of the PrintingSolutions.com and PrintingSolutionsB2B.com websites and the technology that supports them. This will be done to improve order flow and reporting, expand service offerings, facilitate more complete integration with print vendors, expedite payment processing, and improve the efficiency of the system.

5.1 Competitive Edge

Through the online print shop, PrintingSolutions.com will offer consumers a single location to satisfy the majority of their printing needs. The company will develop a user-friendly website for obtaining professional quality, mass-market printed products. This will provide customers a compelling alternative to traditional print channels. PrintingSolutions.com will also offer specialized websites and printing services for print items or quantities that are not generally offered in the self-service print shop. By automating the print order process and connecting online print services to carefully selected commercial print vendors, it is believed that the costs of printing will be significantly reduced.

5.2 Marketing Strategy

PrintingSolutions.com will strive to develop the most recognized and trusted brand for printing services on the Internet. To expand our customer base and to extend the image of the company, we plan to aggressively promote the PrintingSolutions.com brand through a combination of online and traditional media advertising, public relations and participation in trade shows. The company also plans to expand our affiliate and co-branded online website strategies through agreements with a range of destination websites.

The company will be promoting PrintingSolutions.com and PrintingSolutionsB2B.com over the Internet through:

  • Banner adds
  • Providing a small percentage of the sales made through websites that list PrintingSolutions.com from which a customer makes a purchase.

Internet ads are an obvious choice because that is the nature of our business. Marketing will also be done through printed media such as national newspapers and magazines. Newspaper and magazine ads will be used since our customers include business people who read various publications. Television ads will be used in certain markets, as PrintingSolutions.com will be targeting large cities with a great number of businesses.

5.2.1 Positioning Statement

PrintingSolutions.com’ products and services will address the need for assisting customers in obtaining their business stationery, graphic art designs and websites at more affordable prices than are currently being offered.

5.2.2 Pricing Strategy

The company sets its pricing based on what competitors are offering, and cuts that number in half. Website development will be provided at a flat rate, with additional changes being billed at an hourly rate. PrintingSolutions.com will provide technical support as needed to ensure that a customer’s website gets up and running. We will provide free technical support for websites for their first six months. Beyond that, an hourly rate will be applied. Logo designs will also be charged at a flat rate and, as with the development of the websites, with additional changes being charged by the hour.

5.3 Sales Strategy

The company’s sales strategy will be relatively minimal since PrintingSolutions.com is offering distant, self-customizing services. It is expected that the company’s marketing efforts will bring customers to the website, and the benefits of convenience, customization and low price as advertised on the website will be the incentives to close a sale. Promotions and add-on products coupled with continuing low prices will create repeat business.

Most importantly, PrintingSolutions.com will provide our customers exactly what they want or there will be no charge.

5.3.1 Sales Forecast

The following table and charts show our projected sales and direct costs for the next three years.

Print shop website business plan, strategy and implementation summary chart image

Sales Forecast
Year 1 Year 2 Year 3
Sales
Internet Printing Products $250,000 $2,910,000 $5,820,000
Other $0 $0 $0
Total Sales $250,000 $2,910,000 $5,820,000
Direct Cost of Sales Year 1 Year 2 Year 3
Internet Printing Products $80,000 $125,000 $200,000
Other $0 $0 $0
Subtotal Direct Cost of Sales $80,000 $125,000 $200,000

5.4 Strategic Alliances

The company has strategic alliances with Network Systems, Software Developers, and Custom Designs and Printers. These alliances are valuable to us because they will allow the company to utilize the knowledge and resources of these firms with no additional cost to the business. PrintingSolutions.com plans to also form strategic alliances with search engines such as Yahoo! and Lycos to promote the website, as well as exploring the possibility of forming strategic partnerships with content providers such as America Online.

The e-marketplaces will become an enduring reality in the business landscape. While the growth of these venues will spur continuous change, the company will be participating in these e-marketplaces as buyers. PrintingSolutions.com will begin to experiment with these online marketplaces with a minimum of 1% of its procurement dollars. This level of effort will enable the company to optimize purchasing in a dynamic pricing world. There will be the added bonus of also understanding the different vertical markets so that, when the time comes, we will know where to look to form strategic alliances

The company also plans to pursue strategic relationships with leading destination websites and media companies in order to increase traffic to its website. By aggressively pursuing new relationships, we believe we can accelerate the acquisition of new customers and increase usage of our online print store.

5.5 Milestones

Sample Milestones topic text.

The milestones table and chart show the specific detail about actual program activities that should be taking place during the year. Each one has its manager, starting date, ending date, and budget. During the year we will be keeping track of implementation against plan, with reports on the timely completion of these activities as planned.

Milestones
Milestone Start Date End Date Budget Manager Department
Sample Milestones 1/4/2008 1/4/2008 $0 ABC Department
Finish Business Plan 4/29/2009 5/29/2009 $100 Dude Boss
Acquire Financing 5/9/2009 6/28/2009 $200 Dudette Legumers
Ah HA! Event 5/19/2009 5/24/2009 $60 Marianne Bosses
Oh NO! Event 6/28/2009 7/3/2009 $0 Gloworm Nobs
Grande Opening 6/28/2009 7/3/2009 $500 Gloworm Nobs
Marketing Program Starts 5/29/2009 6/23/2009 $1,000 Glower Marketeers
Plan vs. Actual Review 10/24/2009 10/31/2009 $0 Galore Alles
First Break-even Month 2/25/2010 3/27/2010 $0 Bouys Salers
Hire Employees 1/24/2010 2/23/2010 $150 Gulls HRM
Upgrade Business Plan Pro 4/14/2010 4/16/2010 $100 Brass Bossies
Totals $2,110

Web Plan Summary

PrintingSolutions.com will offer printing, website and graphic art design at affordable prices. The company’s proprietary product will be a website that will provide customers an avenue to create business stationery. PrintingSolutions.com will allow customers to track their purchases from start to finish. They will be able to view their selections online and make modifications at any time; customers will have access to service 24 hours a day, seven days a week.

6.1 Development Requirements

The software that supports the online print shop is a collection of integrated software modules that will enable PrintingSolutions.com to quickly create, maintain, modify, or replace individual components. PrintingSolutions.com will create its proprietary software modules using development and technical standards and practices, and without significant dependencies on specific operating systems, databases, or Web server technologies. As a result, the company will be able to move portions of its software between different databases, operating systems, and Web server products to upgrade capacity or take advantage of price or performance improvements, as they become available.

The following is a description of the key software modules that will be found on the PrintingSolutions.com website:

  • Design Workshop. This will incorporate features found in desktop publishing software that enables customers to easily create a wide variety of custom-printed products. The workshop will be designed such that what customers build on the screen is what they will receive in their hands. This is achieved by considering all aspects needed to produce on-screen images and transferring them directly to the final printed product. Since customers will be able to view and proof their orders before they are printed, we believe the percentage of orders that shall require reprinting due to design error will be significantly reduced.
  • Product and Pricing Engines. Our various engines will contain a wide range of product designs, features, and pricing information. To support the broad array of product variations and customization options offered, we will design these databases to be highly flexible. This will allow us to modify our records as the market dictates.
  • Secure Shopping Cart. We will provide a customized order basket designed to store and securely process orders. The Secure Shopping Cart will be integrated with the systems of members, thus reducing the need for human intervention in order to produce and complete an order. The company believes that by designing the system in this manner, the order and completion process will be vastly more efficient and are less error prone than current processes.
  • System Reporting and Diagnostics. This program is designed to track customer action on participating websites. PrintingSolutions.com will utilize this program in order to remain aware of industry and retail trends.
  • Custom Website Resources. By allowing participants in the private-brand program to customize and control their own print shops, we will eliminate the need for costly, time-consuming programming efforts. We will allow these participants to directly manage product prices, configurations, and sales tax assignments, which decreases customization and maintenance expenses for PrintingSolutions.com.

6.2 System Standards and Integration

Design Standards

PrintingSolutions.com will offer the following design standards:

  • High-speed operation.
  • Optimized screens incorporating data from several modules on a single display.
  • Great depth to handle the most sophisticated requirements.
  • Tightly integrated standards to minimize errors, data entry, and time, and maximize the speed and information content on displays and printouts.
  • Consistent look and feel, uniform prompts and similar data flow for every module.
  • User-friendly. Rich in useful features such as help displays, pick boxes, numerous user-changeable flags and user-modified options.

Depth and Integration

PrintingSolutions.com will have depth, which means that the software will allow the customer to go beyond the basics. Depth will apply to each module individually: estimating, cost collection, and accounting. Software without depth is limited and can be frustrating to a consumer.

The company will have the ability to confirm customer information when processing an estimate. We will also be able to convert an estimate to a job and automatically allocate inventory, verify credit limits, allow for coverage, and put all outside buys on a ‘must buy’ list for purchasing and updating work-in-process. When a job is billed, all information will be fully automatic. Then, after billing, the work-in-process, job history, job archives, accounts receivable, sales tax, sales commission liability, sales revenue, production scheduling, active job file, and inventory files will all be automatically updated.

We will have depth in accounting. This implies the following:

  • A job scan will be pre-billed or partially billed.
  • The sales tax will be computed for all states taxes, including any county or local tax.
  • More than one accounting period can be open at the same time.
  • Allowing several bank accounts and classes of Accounts Receivable to automatically compute and track sales commissions and multiple plants with individual and consolidated financial statements.

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

Management will initially consist of Mr. Dalton Grant, president and CEO. Additionally, the company’s webmaster will act as assistant manager and oversee many of the day-to-day functions of the company.

Additional management personnel, such as a marketing manager and product managers, will be hired as growth dictates.

7.1 Organizational Structure

The company’s management philosophy will be based on responsibility and mutual respect. PrintingSolutions.com will maintain an environment and structure that will encourage productivity and respect for customers and fellow employees. Additionally, the environment will encourage employees to have fun by allowing creative independence and providing challenges that are realistic and rewarding. Printing Solution’s organizational structure is illustrated in the Personnel table below.

Personnel Plan
Year 1 Year 2 Year 3
Dalton Grant $34,785 $35,000 $47,825
Webmaster $52,175 $52,174 $52,174
Website developers $0 $50,000 $75,000
Marketing Coordinator $34,785 $34,783 $39,131
Outsourcing Coordinator $34,785 $34,783 $39,131
Office Assistant $17,390 $17,391 $17,391
Total People 5 5 5
Total Payroll $173,921 $224,131 $270,652

7.2 Management Team

Mr. Dalton Grant, President and CEO. Mr. Grant will be responsible for the direction and overall performance of PrintingSolutions.com. Mr. Grant was the CEO of Delta Printing Services. His previous positions included, Director of Network Systems Development in Nortel, in which he lead a team of over 350 people. His responsibilities at Nortel directly affected revenue of over $10 million.

Financial Plan investor-ready personnel plan .">

Funding Requirements and Uses

The company will be raising $2 million for the purposes of:

  • Establishing an organization and office presence within the USA and overseas.
  • Completing the development of the Internet print shop.
  • Marketing the website and its services.
  • Providing a world-class customer service website.
Start-up Funding
Start-up Expenses to Fund $880,000
Start-up Assets to Fund $1,150,000
Total Funding Required $2,030,000
Assets
Non-cash Assets from Start-up $200,000
Cash Requirements from Start-up $950,000
Additional Cash Raised $0
Cash Balance on Starting Date $950,000
Total Assets $1,150,000
Liabilities and Capital
Liabilities
Current Borrowing $500,000
Long-term Liabilities $450,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $950,000
Capital
Planned Investment
Investor 1 $400,000
Investor 2 $430,000
Dalton Grant $250,000
Additional Investment Requirement $0
Total Planned Investment $1,080,000
Loss at Start-up (Start-up Expenses) ($880,000)
Total Capital $200,000
Total Capital and Liabilities $1,150,000
Total Funding $2,030,000

8.1 Financial Risks and Contingencies

PrintingSolutions.com currently has no operating history, which makes it difficult to forecast future operating results. The company will encounter risks and difficulties that start-ups frequently encounter in rapidly evolving and competitive markets. These risks include expanding the number of certified commercial print vendors and improving technological and logistical connections to these vendors. If these risks are not addressed successfully, the business will be seriously harmed.

Due to the nature of Internet business, the performance and fluctuations in quarterly sales and operating expenses will depend on the current marketplace and competition. The performance of PrintingSolutions.com will depend on market and industry risk factors that the company recognizes it will be subject to. The company’s view of its risks is as follows:

  • Employee turnover. One of the biggest risks that all dot-com companies face today is the loss of key personnel. PrintingSolutions.com will minimize this risk by ensuring that our employees have a world-class working environment, which includes being paid competitive wages, excellent benefits, and stock options.
  • Competitors. To mitigate this risk, we will closely monitor our competitors’ pricing structures, business strategies, and overall customer satisfaction to make sure we are one step ahead at all times.
  • Economic Factors. To minimize this risk, we will diversify our position in the products and services that we offer, as well as planning to ensure there is always available cash flow and resources if the economy begins to show negative trends.
  • Customer retention. The company will aggressively advertise its products and services and establish strategic alliances with industry leaders in order to generate a solid customer base and retain customers.
  • Volume of transactions. The volume of transactions generated through the website and products for which we receive transaction fees.
  • Downtime. Technical difficulties, system failures, or Internet downtime.
  • Timing. The timing of large customer orders, or the failure to enter into strategic alliances.
  • Costs. The amount and timing of operating costs and capital expenditures relating to expansion of the business, operations, and infrastructure.
  • Pricing. Changes in our pricing policies or competitors’ pricing policies.

The success of PrintingSolutions.com will depend on a significant number of print-buying customers knowing about, and regularly using, our services. The market for Internet-enabled printing services is at an early stage of development. Many customers will be addressing issues such as quality, reliability, billing, delivery, and customer service for the first time in a self-service, Internet-based, print creation and ordering environment. Educating potential customers is a complex, time consuming and expensive process. In many cases, organizations must change established business practices and conduct business in new ways to use the services.

8.2 Important Assumptions

Nature and Limitation of Projections . This financial projection is based on sales volume at the levels described in the revenue section and presents, to the best of management’s knowledge and belief, the company’s expected assets, liabilities, capital, revenues, and expenses. The projections reflect management’s judgement of the expected conditions and its expected course of action given the hypothetical assumptions.

Nature of Operations. The company operates as an Oregon C-corporation.

Revenues. PrintingSolutions.com will generate revenues from the sale of a variety of printed products to end user customers. The company’s products and services will be available to customers through the PrintingSolutions.com and PrintingSolutionsB2B.com websites, managed PrintingSolutionsB2B.com affiliates and co-branded websites, and privately-branded websites.

The company will not recognize revenues until the product is shipped, collection of the receivable will be probable, and commercial print vendors have fulfilled all contractual obligations to the customer. PrintingSolutions.com will take title to all products that the company instructs its commercial print vendors to produce. PrintingSolutions.com believes that purchases by businesses will account for a majority of its revenues and will record sales net of discounts. The company will record the cost of promotional products that it will give away at no charge as a sales and marketing expense.

A significant portion of revenue will be generated through barter transactions with participants in the co-branded program in which PrintingSolutions.com will sell printed products in exchange for online advertising. Barter transaction revenues and related advertising costs will be recorded at the fair value of the goods or services provided or received, whichever will be more easily determined in the circumstances. The majority of revenues will be generated from sources within the United States; therefore, all sales will be in the United States dollar currency.

Expenses. The company’s expenses will be primarily those of salaries, sales commissions, and administrative costs. The company will categorize its operating expenses into research and development, sales and marketing, and general and administrative.

Research and development expenses will primarily consist of personnel costs, including costs related to consultants and outside contractors.

Sales and marketing expenses will consist of the cost of free promotional products, the cost of marketing programs including advertisements, costs to acquire email lists, personnel and related costs for our marketing staff and customer support groups, and participation in trade shows.

General and administrative expenses will primarily consist of personnel and related costs for corporate functions, including finance, accounting, legal, human resources, facilities, and management of commercial print vendor relationships.

Cost of sales. Cost of sales will primarily consist of direct expenses relating to printing products, rework and reprinting charges, shipping and handling fees, royalties on software licenses, and credit card processing fees.

8.3 Break-even Analysis

The following chart and table outline the break-even analysis for PrintingSolutions.com.

Print shop website business plan, financial plan chart image

Break-even Analysis
Monthly Revenue Break-even $94,646
Assumptions:
Average Percent Variable Cost 32%
Estimated Monthly Fixed Cost $64,359

8.4 Projected Profit and Loss

PrintingSolutions.com is in the early stage of development; thus, initial projections have only been made on accounts that are believed to most drive the income statement. The following table provides Printing Solution’s projected income statements for 2000-2002. PrintingSolutions.com operates on a fiscal year ending in December. In order to reflect fiscal year projections of revenue and profit, only the last six months of year 2000 shows income. This reflects the projected launch date of the company.

Print shop website business plan, financial plan chart image

Pro Forma Profit and Loss
Year 1 Year 2 Year 3
Sales $250,000 $2,910,000 $5,820,000
Direct Cost of Sales $80,000 $125,000 $200,000
Other $10,000 $30,000 $55,000
Total Cost of Sales $90,000 $155,000 $255,000
Gross Margin $160,000 $2,755,000 $5,565,000
Gross Margin % 64.00% 94.67% 95.62%
Expenses
Payroll $173,921 $224,131 $270,652
Marketing/Promotion $429,998 $360,000 $565,000
Depreciation $0 $0 $0
Software/IS expense $90,000 $60,000 $85,000
Contract Labor $26,091 $35,000 $35,000
Legal and Professiona expense $20,002 $10,000 $10,000
Bank charges $2,300 $2,000 $2,000
Rent $30,000 $15,000 $15,000
Payroll Taxes $0 $0 $0
Other $0 $0 $0
Total Operating Expenses $772,312 $706,131 $982,652
Profit Before Interest and Taxes ($612,312) $2,048,869 $4,582,348
EBITDA ($612,312) $2,048,869 $4,582,348
Interest Expense $83,535 $63,252 $42,084
Taxes Incurred $0 $496,404 $1,153,984
Net Profit ($695,847) $1,489,213 $3,386,280
Net Profit/Sales -278.34% 51.18% 58.18%

8.5 Projected Cash Flow

The following table has calculated that the company will have a negative cash outflow during the first year based on the start-up costs outlined in topic 2.0. However, the company will not begin financing or operations until July, 2000. In order to offset this supposed outflow, increases in the initial cash requirements in the Start-up table have been provided. The differences between calculated cash and actual needs will be used for other start-up costs. It is assumed that there will be no dividend payments for the first three years of business.

Print shop website business plan, financial plan chart image

Pro Forma Cash Flow
Year 1 Year 2 Year 3
Cash Received
Cash from Operations
Cash Sales $62,500 $727,500 $1,455,000
Cash from Receivables $128,267 $1,552,257 $3,675,524
Subtotal Cash from Operations $190,767 $2,279,757 $5,130,524
Additional Cash Received
Sales Tax, VAT, HST/GST Received $0 $0 $0
New Current Borrowing $0 $0 $0
New Other Liabilities (interest-free) $0 $0 $0
New Long-term Liabilities $0 $0 $0
Sales of Other Current Assets $0 $0 $0
Sales of Long-term Assets $0 $0 $0
New Investment Received $0 $0 $0
Subtotal Cash Received $190,767 $2,279,757 $5,130,524
Expenditures Year 1 Year 2 Year 3
Expenditures from Operations
Cash Spending $173,921 $224,131 $270,652
Bill Payments $717,104 $1,175,362 $2,096,935
Subtotal Spent on Operations $891,024 $1,399,493 $2,367,587
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $0 $0 $0
Principal Repayment of Current Borrowing $166,656 $166,656 $166,688
Other Liabilities Principal Repayment $0 $0 $0
Long-term Liabilities Principal Repayment $45,000 $45,000 $45,000
Purchase Other Current Assets $0 $0 $0
Purchase Long-term Assets $0 $0 $0
Dividends $0 $0 $0
Subtotal Cash Spent $1,102,680 $1,611,149 $2,579,275
Net Cash Flow ($911,914) $668,609 $2,551,249
Cash Balance $38,086 $706,695 $3,257,944

8.6 Balance Sheet

The following table outlines some key financial information for PrintingSolutions.com.

Pro Forma Balance Sheet
Year 1 Year 2 Year 3
Assets
Current Assets
Cash $38,086 $706,695 $3,257,944
Accounts Receivable $59,233 $689,476 $1,378,952
Inventory $14,667 $22,917 $36,667
Other Current Assets $200,000 $200,000 $200,000
Total Current Assets $311,986 $1,619,088 $4,873,563
Long-term Assets
Long-term Assets $0 $0 $0
Accumulated Depreciation $0 $0 $0
Total Long-term Assets $0 $0 $0
Total Assets $311,986 $1,619,088 $4,873,563
Liabilities and Capital Year 1 Year 2 Year 3
Current Liabilities
Accounts Payable $69,489 $99,033 $178,917
Current Borrowing $333,344 $166,688 $0
Other Current Liabilities $0 $0 $0
Subtotal Current Liabilities $402,833 $265,721 $178,917
Long-term Liabilities $405,000 $360,000 $315,000
Total Liabilities $807,833 $625,721 $493,917
Paid-in Capital $1,080,000 $1,080,000 $1,080,000
Retained Earnings ($880,000) ($1,575,847) ($86,634)
Earnings ($695,847) $1,489,213 $3,386,280
Total Capital ($495,847) $993,366 $4,379,646
Total Liabilities and Capital $311,986 $1,619,088 $4,873,563
Net Worth ($495,847) $993,366 $4,379,646

8.7 Business Ratios

The table below provides key ratios in the Industry Profile column for the commercial printing industry, as found in the Standard Industry Classifications (SIC) index, code 2759. We have projected healthy ratios for the first three years of operation, and foresee a continuing upwards trend throughout the company’s life.

Ratio Analysis
Year 1 Year 2 Year 3 Industry Profile
Sales Growth 0.00% 1064.00% 100.00% 2.00%
Percent of Total Assets
Accounts Receivable 18.99% 42.58% 28.29% 27.00%
Inventory 4.70% 1.42% 0.75% 11.70%
Other Current Assets 64.11% 12.35% 4.10% 23.60%
Total Current Assets 100.00% 100.00% 100.00% 62.30%
Long-term Assets 0.00% 0.00% 0.00% 37.70%
Total Assets 100.00% 100.00% 100.00% 100.00%
Current Liabilities 129.12% 16.41% 3.67% 30.60%
Long-term Liabilities 129.81% 22.23% 6.46% 25.50%
Total Liabilities 258.93% 38.65% 10.13% 56.10%
Net Worth -158.93% 61.35% 89.87% 43.90%
Percent of Sales
Sales 100.00% 100.00% 100.00% 100.00%
Gross Margin 64.00% 94.67% 95.62% 36.90%
Selling, General & Administrative Expenses 280.80% 47.95% 39.59% 19.10%
Advertising Expenses 40.00% 6.01% 4.30% 0.60%
Profit Before Interest and Taxes -244.92% 70.41% 78.73% 2.40%
Main Ratios
Current 0.77 6.09 27.24 2.06
Quick 0.74 6.01 27.03 1.44
Total Debt to Total Assets 258.93% 38.65% 10.13% 56.10%
Pre-tax Return on Net Worth 140.34% 199.89% 103.67% 4.90%
Pre-tax Return on Assets -223.04% 122.64% 93.16% 11.20%
Additional Ratios Year 1 Year 2 Year 3
Net Profit Margin -278.34% 51.18% 58.18% n.a
Return on Equity 0.00% 149.92% 77.32% n.a
Activity Ratios
Accounts Receivable Turnover 3.17 3.17 3.17 n.a
Collection Days 55 63 86 n.a
Inventory Turnover 10.91 6.65 6.71 n.a
Accounts Payable Turnover 11.32 12.17 12.17 n.a
Payment Days 27 26 23 n.a
Total Asset Turnover 0.80 1.80 1.19 n.a
Debt Ratios
Debt to Net Worth 0.00 0.63 0.11 n.a
Current Liab. to Liab. 0.50 0.42 0.36 n.a
Liquidity Ratios
Net Working Capital ($90,847) $1,353,366 $4,694,646 n.a
Interest Coverage -7.33 32.39 108.88 n.a
Additional Ratios
Assets to Sales 1.25 0.56 0.84 n.a
Current Debt/Total Assets 129% 16% 4% n.a
Acid Test 0.59 3.41 19.33 n.a
Sales/Net Worth 0.00 2.93 1.33 n.a
Dividend Payout 0.00 0.00 0.00 n.a
Sales Forecast
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Sales
Internet Printing Products 0% $0 $0 $0 $0 $0 $0 $41,667 $43,667 $42,667 $41,667 $40,667 $39,667
Other 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Sales $0 $0 $0 $0 $0 $0 $41,667 $43,667 $42,667 $41,667 $40,667 $39,667
Direct Cost of Sales Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Internet Printing Products $0 $0 $0 $0 $0 $0 $13,333 $13,333 $13,333 $13,333 $13,333 $13,333
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Direct Cost of Sales $0 $0 $0 $0 $0 $0 $13,333 $13,333 $13,333 $13,333 $13,333 $13,333
Personnel Plan
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Dalton Grant 0% $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899
Webmaster 0% $4,348 $4,348 $4,348 $4,348 $4,348 $4,348 $4,348 $4,348 $4,348 $4,348 $4,348 $4,348
Website developers 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Marketing Coordinator 0% $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899
Outsourcing Coordinator 0% $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899
Office Assistant 0% $1,449 $1,449 $1,449 $1,449 $1,449 $1,449 $1,449 $1,449 $1,449 $1,449 $1,449 $1,449
Total People 5 5 5 5 5 5 5 5 5 5 5 5
Total Payroll $14,494 $14,494 $14,494 $14,494 $14,494 $14,494 $14,493 $14,493 $14,493 $14,493 $14,493 $14,493
Pro Forma Profit and Loss
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Sales $0 $0 $0 $0 $0 $0 $41,667 $43,667 $42,667 $41,667 $40,667 $39,667
Direct Cost of Sales $0 $0 $0 $0 $0 $0 $13,333 $13,333 $13,333 $13,333 $13,333 $13,333
Other $0 $0 $0 $0 $0 $0 $1,667 $1,667 $1,667 $1,667 $1,667 $1,667
Total Cost of Sales $0 $0 $0 $0 $0 $0 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Gross Margin $0 $0 $0 $0 $0 $0 $26,667 $28,667 $27,667 $26,667 $25,667 $24,667
Gross Margin % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 64.00% 65.65% 64.84% 64.00% 63.11% 62.18%
Expenses
Payroll $14,494 $14,494 $14,494 $14,494 $14,494 $14,494 $14,493 $14,493 $14,493 $14,493 $14,493 $14,493
Marketing/Promotion $35,833 $35,833 $35,833 $35,833 $35,833 $35,833 $35,833 $35,833 $35,833 $35,833 $35,833 $35,833
Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Software/IS expense $7,500 $7,500 $7,500 $7,500 $7,500 $7,500 $7,500 $7,500 $7,500 $7,500 $7,500 $7,500
Contract Labor $0 $0 $0 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899 $2,899
Legal and Professiona expense $1,667 $1,667 $1,667 $1,667 $1,667 $1,667 $1,667 $1,667 $1,667 $1,667 $1,667 $1,667
Bank charges $50 $50 $50 $50 $50 $50 $333 $333 $333 $333 $333 $333
Rent $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500
Payroll Taxes 15% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Operating Expenses $62,044 $62,044 $62,044 $64,943 $64,943 $64,943 $65,225 $65,225 $65,225 $65,225 $65,225 $65,225
Profit Before Interest and Taxes ($62,044) ($62,044) ($62,044) ($64,943) ($64,943) ($64,943) ($38,558) ($36,558) ($37,558) ($38,558) ($39,558) ($40,558)
EBITDA ($62,044) ($62,044) ($62,044) ($64,943) ($64,943) ($64,943) ($38,558) ($36,558) ($37,558) ($38,558) ($39,558) ($40,558)
Interest Expense $7,770 $7,623 $7,476 $7,329 $7,182 $7,035 $6,888 $6,741 $6,594 $6,447 $6,300 $6,153
Taxes Incurred $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Net Profit ($69,814) ($69,667) ($69,520) ($72,272) ($72,125) ($71,978) ($45,446) ($43,299) ($44,152) ($45,005) ($45,858) ($46,711)
Net Profit/Sales 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -109.07% -99.16% -103.48% -108.01% -112.77% -117.76%
Pro Forma Cash Flow
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Cash Received
Cash from Operations
Cash Sales $0 $0 $0 $0 $0 $0 $10,417 $10,917 $10,667 $10,417 $10,167 $9,917
Cash from Receivables $0 $0 $0 $0 $0 $0 $0 $1,042 $31,300 $32,725 $31,975 $31,225
Subtotal Cash from Operations $0 $0 $0 $0 $0 $0 $10,417 $11,958 $41,967 $43,142 $42,142 $41,142
Additional Cash Received
Sales Tax, VAT, HST/GST Received 0.00% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Other Liabilities (interest-free) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Sales of Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Sales of Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
New Investment Received $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Cash Received $0 $0 $0 $0 $0 $0 $10,417 $11,958 $41,967 $43,142 $42,142 $41,142
Expenditures Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Expenditures from Operations
Cash Spending $14,494 $14,494 $14,494 $14,494 $14,494 $14,494 $14,493 $14,493 $14,493 $14,493 $14,493 $14,493
Bill Payments $1,844 $55,315 $55,168 $55,117 $57,773 $57,626 $58,477 $86,793 $72,468 $72,321 $72,174 $72,027
Subtotal Spent on Operations $16,338 $69,809 $69,662 $69,611 $72,267 $72,120 $72,970 $101,286 $86,961 $86,814 $86,667 $86,520
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Principal Repayment of Current Borrowing $13,888 $13,888 $13,888 $13,888 $13,888 $13,888 $13,888 $13,888 $13,888 $13,888 $13,888 $13,888
Other Liabilities Principal Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Long-term Liabilities Principal Repayment $3,750 $3,750 $3,750 $3,750 $3,750 $3,750 $3,750 $3,750 $3,750 $3,750 $3,750 $3,750
Purchase Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Purchase Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Dividends $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Cash Spent $33,976 $87,447 $87,300 $87,249 $89,905 $89,758 $90,608 $118,924 $104,599 $104,452 $104,305 $104,158
Net Cash Flow ($33,976) ($87,447) ($87,300) ($87,249) ($89,905) ($89,758) ($80,191) ($106,965) ($62,632) ($61,310) ($62,163) ($63,016)
Cash Balance $916,024 $828,577 $741,277 $654,028 $564,123 $474,365 $394,174 $287,209 $224,576 $163,266 $101,103 $38,086
Pro Forma Balance Sheet
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Assets Starting Balances
Current Assets
Cash $950,000 $916,024 $828,577 $741,277 $654,028 $564,123 $474,365 $394,174 $287,209 $224,576 $163,266 $101,103 $38,086
Accounts Receivable $0 $0 $0 $0 $0 $0 $0 $31,250 $62,958 $63,658 $62,183 $60,708 $59,233
Inventory $0 $0 $0 $0 $0 $0 $0 $14,667 $14,667 $14,667 $14,667 $14,667 $14,667
Other Current Assets $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000 $200,000
Total Current Assets $1,150,000 $1,116,024 $1,028,577 $941,277 $854,028 $764,123 $674,365 $640,091 $564,834 $502,901 $440,116 $376,478 $311,986
Long-term Assets
Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Accumulated Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Assets $1,150,000 $1,116,024 $1,028,577 $941,277 $854,028 $764,123 $674,365 $640,091 $564,834 $502,901 $440,116 $376,478 $311,986
Liabilities and Capital Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Current Liabilities
Accounts Payable $0 $53,476 $53,334 $53,192 $55,852 $55,710 $55,568 $84,377 $70,057 $69,915 $69,773 $69,631 $69,489
Current Borrowing $500,000 $486,112 $472,224 $458,336 $444,448 $430,560 $416,672 $402,784 $388,896 $375,008 $361,120 $347,232 $333,344
Other Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Current Liabilities $500,000 $539,588 $525,558 $511,528 $500,300 $486,270 $472,240 $487,161 $458,953 $444,923 $430,893 $416,863 $402,833
Long-term Liabilities $450,000 $446,250 $442,500 $438,750 $435,000 $431,250 $427,500 $423,750 $420,000 $416,250 $412,500 $408,750 $405,000
Total Liabilities $950,000 $985,838 $968,058 $950,278 $935,300 $917,520 $899,740 $910,911 $878,953 $861,173 $843,393 $825,613 $807,833
Paid-in Capital $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000 $1,080,000
Retained Earnings ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000) ($880,000)
Earnings $0 ($69,814) ($139,480) ($209,000) ($281,272) ($353,397) ($425,374) ($470,821) ($514,120) ($558,272) ($603,277) ($649,136) ($695,847)
Total Capital $200,000 $130,186 $60,520 ($9,000) ($81,272) ($153,397) ($225,374) ($270,821) ($314,120) ($358,272) ($403,277) ($449,136) ($495,847)
Total Liabilities and Capital $1,150,000 $1,116,024 $1,028,577 $941,277 $854,028 $764,123 $674,365 $640,091 $564,834 $502,901 $440,116 $376,478 $311,986
Net Worth $200,000 $130,186 $60,520 ($9,000) ($81,272) ($153,397) ($225,374) ($270,821) ($314,120) ($358,272) ($403,277) ($449,136) ($495,847)

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printing press business plan

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How to start a Printing Business in India?

  • by SBH Team
  • February 10, 2023

The printing business is always an evergreen business. From inviting people to marketing businesses, you require printed products for everything.

Although online products have been increasing in recent times, printed products have not lost their demand.

In this article we will give you complete information related to the printing shop business, which includes the printing business plan, machine and software required, licenses required, printing business cost, profit margin, etc.

In this Post

Printing business plan

A proper business plan is very important to start any business. You should consider the following points before starting a printing business.

Choosing a good location:

The first step in printing a business plan is to choose a good location for your business. The best places are like high footfall areas, near office parks, near colleges etc.

Make sure your shop has good visibility. Also, look for demand and competition for this business in that location.

Space required for the shop:

You need at least 150 square feet of commercial space to start a printing shop business. Your store should be able to accommodate 2-3 customers at a time and keep printing machines and computer systems.

For this business, a shop rental of 10,000 to 18,000 rupees can be considered safe. It depends on the location and the total space.

Manpower required:

This business requires at least 2 to 3 employees. You can set salaries between 15,000 and 20,000 rupees per month.

In your workforce, you need someone who specializes in design and can use design software like Photoshop. One more person to operate a printing machine.

Service quality is very important:

In the printing business, your success depends mainly on the quality of your design and customer service. You need to stay up to date with the trending and new designs available in your field.

If you provide a good service, you can easily do business by word of mouth over time. You can also do offline marketing, for example, distributing flyers and social media marketing.

Deciding on printing products available in your shop?

With an offset printer, you can print a wide range of products in bulk.

You can add invitation cards, brochures, restaurant menu cards, magazines, flyers, bill books, brochures, visiting cards, small circulars, certificates, business cards, etc.

Licenses and registration required

To start a printing business, you require these licenses and certificates,

  • Shop and Establishment Certificate
  • GST Registration (required only if your annual turnover is more than 40 lakhs)
  • Business Registration – Sole proprietorship is enough
  • Business insurance if required

If you require a business loan then you can approach banks like SIDBI .

Machines and software required

  • Offset printing machine -> 4 lakhs to 6 lakh rupees (depending on the model)
  • paper cutting machine -> 15,000 rupees
  • Computer system -> 50,000 rupees
  • laserjet printer -> 15,000 rupees
  • Editing software – 50,000 rupees per year ( Adobe Photoshop, Adobe page maker, CorelDraw etc )

Printing business cost

To start a printing business in India, you require an investment of 6 lakhs to 7 lakhs rupees.

Here is the breakdown of the above-said amount,

  • Offset printing machine -> 4 lakhs to 6 lakhs
  • Computer system & printer -> 65,000 rupees
  • Paper cutting machine -> 15,000 rupees
  • Editing Software -> 50,000 rupees per year
  • Supply and materials -> 10,000 rupees ( ink, paper, folders etc )
  • Shop interior & Exterior -> 20,000 rupees ( table, chairs, racks, signage board)
  • Marketing & registrations -> 10,000 rupees
  • Shop security deposit -> 35,000 rupees ( Varies according to location )

Ongoing monthly expenses are shop rent, employee salary, material purchases, utility bills, etc.

Related: How to start Xerox Shop Business in India?

Printing business profit margin

In the printing business, you can expect a profit margin of up to 30% to 50% on your revenue.

So your total monthly profit is determined by the total business you did in that particular month. If you have enough business in a month, you can earn up to 50,000 a month after deducting all expenses.

Of course, if you run the business on a large scale, then you can earn more profit.

Related Posts:

  • Stationery Business in India | Complete Guide
  • Battery Shop Business in India | Complete Guide

FAQ about printing business

How much space is required to start a printing business.

you require a minimum of 150 square feet of space to start the business.

How much investment is required to start a printing business?

You can start with a 6 lakh to 7 lakh rupees investment.

What is the profit margin in the printing business?

You can expect a profit margin of up to 30% to 50% on revenue.

I hope this article has resolved many of your doubts related to the printing business. If you have any suggestions feel free to mention them in the comment box below.

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ProfitableVenture

Flex Printing Press Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » B2B Sector

Are you about starting a flex printing press company? If YES, here is a complete sample flex printing press business plan template & FREE feasibility report.

As an aspiring entrepreneur who is looking towards starting a business, one of the businesses you can choose to start is a flex printing business. Starting up a flex printing business needs significant investment capital, solid planning, and attention to detail in order to keep your business profitable.

In recent time, the demand for the services provided by flex printing press maybe on the decrease because of load options that are available.

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So, if you have decided to start your own flex printing press business, then you should ensure that you carry out thorough feasibility studies and market survey. This will enable you properly locate the business in a good location; a location with the right demographic composition and then hit the ground running.

Business plan is yet another very important business document that you should not take for granted when launching your own flex printing business. Below is a sample flex printing business plan template that can help you to successfully write your own with little or no difficulty.

A Sample Flex Printing Business Plan Template

1. industry overview.

The printing industry is indeed a very large industry with many subsets and flex printing press is one of the active lines of business in the industry.

Flexible printing refers to sign printing of vinyl banners. Flexography is a form of printing which utilizes a flexible relief plate. Digital printing cum flex printing has a higher cost per page than more traditional offset printing methods, but this price is usually offset by avoiding the cost of all the technical steps required to make printing plates.

It also allows for on-demand printing, short turnaround time, and even a modification of the image (variable data) used for each impression. Over the past decade, the rise of online media has provided fierce competition for operators in printing-related industries.

Despite this trend, and in some ways because of it, the Digital Printing industry has recorded growth. As commercial printers have experienced declining demand, they have increasingly adopted digital printing techniques over more traditional printing press operations, since these services lower overhead costs and enable operators to offer customers greater flexibility.

As a result, Digital Printing industry participation and revenue have surged, but represent the conversion of existing printers to digital operations, rather than new entrants into the printing market.

The Digital Printing Services Industry is indeed a very large industry and pretty much active in all the parts of the world. Statistics has it that in the united states of America alone, there are about 7,047 registered and licensed digital printing services (flex printing press inclusive) responsible for employing about 50,447 people and the industry rakes in a whooping sum of $11 billion annually.

The industry is projected to enjoy 3.6 percent annual growth and the Digital Printing industry has no companies with major market shares.

Research carried out by IBISWorld shows that the over the past five years, the Digital Printing industry that flex printing is a part of has grown by 3.6 percent to reach revenue of $11 billion in 2019. In the same time – frame, the number of businesses have grown by 5.5 percent and the number of employees by 4.8 percent.

If you are looking towards starting your own flex printing business, then you should endeavor to learn the trade. The truth is that the technology and processes involve in this line of business will require a period of time (months) to learn.

Over and above, the flex printing business is pretty much open to new entrepreneurs and investors to come in and build a successful business. But they must first and foremost ensure that they conduct thorough feasibility studies and market survey before situating the business in any location.

2. Executive Summary

Crystal Clear™ Flex Printing Press, Inc. is a standard printing press. We have been able to secure a well – positioned office facility in a busy business district in Greater Los Angeles Area – California. We are a world class flex printing press that is set to compete in the highly competitive digital printing services industry not only in the United States market, but also in the global market.

Crystal Clear™ Flex Printing Press, Inc. will be involved in the all aspect of flex printing used for large board, Digital banner, paper, PVC, mesh fabrics, and foot cloth, Indoor wall paper, ceiling films, Textiles, Car sticker, bus shelters and related printing services.

Our business goal is to become one of the leading flex printing press businesses in the United States and we will make sure that every flex printing job that leaves our press can favorable compete with the best in the industry.

Our workers are going to be selected from a pool of talented and highly creative printers in and around Greater Los Angeles Area – California. We will make sure that we take all our workforce through the required training that will position them to meet the expectation of the company and to compete with leading flex printing services companies in the United States.

At Crystal Clear™ Flex Printing Press, Inc. our client’s best interest come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by delivering excellent and neat jobs and also meet our client’s needs precisely and completely.

Crystal Clear™ Flex Printing Press, Inc. is a private business that is owned and managed by Mr. Leonard Phil and his immediate family members. Leonard Phil studied Printing Technology at Illinois Institute of Technology and he has over 10 years of hands-on experience working with one of the leading flex printing companies in the United States of America.

3. Our Products and Services

Crystal Clear™ Flex Printing Press, Inc. was established with the aim of maximizing profits in the digital printing press industry.

We want to compete favorably with the leading flex printing press companies in the United States of America which is why we have put in place a competent quality assurance team that will ensure that all our flex printing services for large board, Digital banner, paper, PVC, mesh fabrics, and foot cloth, Indoor wall paper, ceiling films,

Textiles, Car sticker, bus shelters and other related printing services rendered meet and even surpass our customers’ expectations and match up with international best practices.

We will work hard to ensure that Crystal Clear™ Flex Printing Press, Inc. is not just accepted in Greater Los Angeles Area – California but also nationally throughout the United States of America.

4. Our Mission and Vision Statement

  • Our vision is to establish a standard and world class flex printing press whose services and brand will not only be accepted in Greater Los Angeles Area – California but also throughout the United States of America.
  • Our mission is to build a world class flex printing press that will be known to execute top notch flex printing projects and to become the number one choice for branding, advertising and promotion agencies and other stakeholders in the industry. We want to build a flex printing business that can favorably compete with other leading brands in the industry.

Our Business Structure

Crystal Clear™ Flex Printing Press, Inc. is a flex printing press business that intends starting small in Greater Los Angeles Area – California, but hopes to grow big in order to compete favorably with leading flex printing companies in the industry both in the United States and on a global stage.

We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own, this is why we are committed to only hire the best hands within our area of operation.

At Crystal Clear™ Flex Printing Press, Inc., we will ensure that we hire people that are qualified, hardworking, creative, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders (the owners, workforce, and customers).

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;

  • Chief Executive Officer (Owner)
  • Accounting Clerk / Cashier

Flex Printing Machine Operators

Client Service Executive

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results and developing incentives
  • Responsible for providing direction for the business
  • Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization
  • Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
  • Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
  • Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
  • Defining job positions for recruitment and managing interviewing process
  • Carrying out induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Oversee the smooth running of the daily office activities.

Accounting Clerk/Cashier:

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting for one or more properties.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensuring compliance with taxation legislation
  • Handles all financial transactions for Crystal Clear™ Flex Printing Press, Inc.
  • Serves as internal auditor for Crystal Clear™ Flex Printing Press, Inc.
  • In charge of operating flex printing machines
  • Liaising with clients to determine their requirement and budget
  • Responsible for negotiating fees and setting schedules for the project
  • Responsible for researching and drawing up rough plans
  • Responsible for developing detailed designs and choosing materials
  • Responsible for preparing drafts or material based on an agreement brief.
  • Research and advice the organization on style, genre and other trendy info as it relates to flex printing et al.
  • Welcomes clients and visitors by greeting them in person or on the telephone; answering or directing inquiries.
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the manager in an effective and timely manner
  • Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to potential clients when they make enquiries
  • Receives parcels / documents for the company
  • Distribute mails in the organization
  • Handles any other duties as assigned by the manager.

6. SWOT Analysis

Crystal Clear™ Flex Printing Press, Inc. employed the services of a core professionals in the area of business consulting and structuring to assist our organization in building a well – structured flex printing business that can favorably compete in the highly competitive digital printing services industry.

Part of what the business consultant did was to work with the management of our organization in conducting a SWOT analysis for Crystal Clear™ Flex Printing Press, Inc. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Crystal Clear™ Flex Printing Press, Inc.;

Our core strength lies in the power of our team; our workforce. We have a team of creative and highly proficient workforce, a team with excellent qualifications and experience in various niche areas in the printing industry. Aside from the synergy that exists in our carefully selected workers, we have some of the latest flex printing machines and equipment and of course our work output and services will be guided by international best practices in the industry.

As a new flex printing press business in Greater Los Angeles Area – California, it might take some time for our organization to break into the market and gain acceptance especially from the government and other high-profile clients in the already saturated and highly competitive digital printing services industry; that is perhaps our major weakness. Another weakness is that we may not have the required cash to promote our business the way we would want to.

  • Opportunities:

No doubt, the opportunities in the digital printing services industry is massive considering the number of individuals and corporate organizations that would need the services of flex printing companies. As a standard flex printing press business, we are ready to take advantage of any opportunity that is available in the industry.

A major threat that is common to businesses such as ours is the fact that printing-related industries have generally suffered due to competition from digital media and the fact that print advertising expenditure in the United States of America is expected to decline in 2019, posing a potential threat to the industry.

7. MARKET ANALYSIS

  • Market Trends

A notable trend in this industry shows that as commercial printers have experienced declining demand, they have increasingly adopted new digital printing techniques. As a flex printing business with the aspiration to favorably compete in the industry, you are expected to keep tabs with new trends and products that are always coming up in the industry.

It is important to state that in recent time, for any flex printing press business to continue to stay in business and grow, they must continue to come up with highly creative design and concepts and also engage in other printing related services.

8. Our Target Market

Before starting our flex printing business, we are certain that there is a wide range of clients who cannot successfully carry out promotions and branding of their products and services without engaging the services of a flex printing press. We will ensure that we develop strategic pacts with corporate organizations, advertising and branding agencies, and religious organizations et al. This will give us several options to generate revenue for our company.

In view of that, we have created strategies that will enable us reach out to various corporate organizations and individuals who we know can’t afford to do without our services. We have conducted our market research and survey and we will ensure that all our flex printing services are well accepted in the market place.

Below is a list of the people and organizations that we will specifically market our products and services to;

  • Corporate Organizations
  • Manufacturers and Distributors
  • Real Estate Owners, Developers, and Contractors
  • Research and Development Companies
  • The Government (Public Sector)
  • Schools (High Schools, Colleges and Universities)
  • Sport Organizations
  • Religious Organizations
  • Political Parties
  • Television Stations
  • Branding and Advertising agencies
  • Aspiring celebrities
  • Entrepreneurs and Startups

Our competitive advantage

The competition in the flex printing industry is getting stiffer by the day, you have to be highly creative and come up with appealing designs and concepts and very neat jobs in order to survive in the industry. The flex printing line of business is indeed profitable and at the same time a highly competitive; it enjoys strong demand as organizations and individuals continue to print materials for promotional purposes. Clients will only engage your services if they know that they can get nothing but the best from you.

We are quite aware that to be highly competitive in the business means that you are not only expected to be able to deliver neat jobs, but you must be able to meet set targets. No one would want to engage your services if don’t always meet up with the target date of completion of projects.

We can boast of having well – trained staff that is ready to deliver and we have some of the latest and efficient digital printing machines and equipment and of course our work output and services will be guided by international best practices in the industry.

Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives.

9. SALES AND MARKETING STRATEGY

We are not ignorant of the stiff competition in the flex printing industry; there are loads of flex printing press and other digital printing companies jostling for contracts which is why we have been able to hire some of the best freelance marketing experts to handle our sales and marketing.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their set targets and the overall business goal of Crystal Clear™ Flex Printing Press, Inc.

Our goal is to grow Crystal Clear™ Flex Printing Press, Inc. to become one of the leading flex printing companies in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Greater Los Angeles Area – California but also in other cities in the United States of America.

Crystal Clear™ Flex Printing Press, Inc. is set to make use of the following marketing and sales strategies to attract clients and win flex printing contracts;

  • Introduce our flex printing press business by sending introductory letters alongside our brochure to corporate organizations, advertising and branding agencies, religious organizations and key stake holders in and around Greater Los Angeles Area.
  • Promptness in bidding for flex printing contracts from the government and other cooperate organizations
  • Advertise our business in relevant business magazines, newspapers, TV and radio stations
  • List our business on yellow page ads (local directories)
  • Attend relevant international and local expos, seminars, and business fairs et al
  • Create different packages for different category of clients in order to work with their budgets and still deliver excellent flex printing services
  • Leverage on the internet to promote our business
  • Engage direct marketing approach
  • Join local chambers of commerce and industries to network and market our services
  • Encourage word of mouth marketing from loyal and satisfied clients

Sources of Income

Crystal Clear™ Flex Printing Press, Inc. is established with the aim of maximizing profits in the flex printing services industry and we are going to go all the way to ensure that we do all it takes to meet and surpass the expectations of all our clients.

Crystal Clear™ Flex Printing Press, Inc. will generate income by offering flex printing used for large board, Digital banner, paper, PVC, mesh fabrics, and foot cloth, Indoor wall paper, ceiling films, Textiles, Car sticker, bus shelters and other printing related services.

10. Sales Forecast

We are well positioned to take on the available market in flex printing industry and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow our flex printing press business to enviable heights.

We have been able to examine the flex printing market, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to similar startups in Greater Los Angeles Area – California.

Below are the sales projections for Crystal Clear™ Flex Printing Press, Inc., it is based on the location of our business and of course the wide range of our services and target market;

  • First Fiscal Year: $150,000
  • Second Fiscal Year: $300,000
  • Third Fiscal Year: $650,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same flex printing services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

11. Publicity and Advertising Strategy

We have been able to work with brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for clients in the whole of the Great Los Angeles area and beyond which is why we have made provisions for effective publicity and advertisement of our flex printing press business.

Below are the platforms we intend to leverage on to promote and advertise Crystal Clear™ Flex Printing Press, Inc.;

  • Place adverts on both print (newspapers and magazines) and electronic media platforms
  • Sponsor relevant community – based events / programs
  • Leverage on the internet and social media platforms like; Instagram, Facebook, LinkedIn. Twitter, YouTube, Google + et al to promote our services
  • Install our Bill Boards in strategic locations all around Greater Los Angeles Area – California
  • Engage in roadshow from time to time in targeted neighborhoods
  • Distribute our fliers and handbills in target areas
  • List our flex printing press business in local directories / yellow pages
  • Advertise our flex printing press business in our official website and employ strategies that will help us pull traffic to the site.
  • Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.

12. Our Pricing Strategy

If you are conversant with the flex printing cum digital printing services industry, you will realize that the pricing structure ranges from fixed price rate to per square foot billing and even to the quantity of materials to be printed on.

At Crystal Clear™ Flex Printing Press, Inc. we will adopt all the pricing system as is obtainable in the industry but we will ensure that we keep the prices of our services a little below the average market rate for all of our customers by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to all our customers at regular intervals.

We are aware that there are some one – off flex printing services jobs or government contracts which are always lucrative, we will ensure that we abide by the pricing model that is expected from contractors or organizations that bid for such contracts.

  • Payment Options

The payment policy adopted by Crystal Clear™ Flex Printing Press, Inc. is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Crystal Clear™ Flex Printing Press, Inc. will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via online bank transfer
  • Payment via mobile money
  • Payment via Point of Sales Machines (POS Machines)
  • Payment via check

In view of the above, we have chosen banking platforms that will enable our clients make payment for our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

13. Startup Expenditure (Budget)

From our market research and feasibility studies, we were able to come up with the following financial projections as it relates to establishing our own standard and world class flex printing press business in the United States of America;

  • Business incorporating fees in the United States of America will cost – $750.
  • The budget for Liability insurance, permits and license will cost – $3,500
  • Acquiring an office space or warehouse that will accommodate the number of employees for at least 6 months (Re – Construction of the facility inclusive) will cost – $50,000.
  • Equipping the office (computers, flex printing machines and equipment used for large board, Digital banner, paper, PVC, mesh fabrics, and foot cloth, Indoor wall paper, ceiling films, etc. servers/internet facility, furniture, telephones, filing cabinets, and electronics) will cost – $25,000
  • Amount required to purchase the needed software applications – $ 3,500
  • Launching an official Website will cost – $500
  • Amount need to pay bills and staff members for at least 2 to 3 months – $25,000
  • Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000

We will need about one hundred twenty thousand (120,000) U.S. dollars to successfully set up a medium scale but standard flex printing press business in the United States of America.

Generating Funds/Startup Capital for Crystal Clear™ Flex Printing Press, Inc.

Crystal Clear™ Flex Printing Press, Inc. is a family business that will be owned by Mr. Leonard Phil and his immediate family members. They decided to restrict the sourcing of the startup capital for the business to just three major sources.

  • Generate part of the startup capital from personal savings and sale of his stocks
  • Generate part of the startup capital from friends and other extended family members
  • Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $50,000 (Personal savings $35,000 and soft loan from family members $15,000) and we are at the final stages of obtaining a loan facility of $70,000 from our bank. All the papers and document have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

One of our major goals of starting Crystal Clear™ Flex Printing Press, Inc. is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to offer our flex printing services a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while.

Crystal Clear™ Flex Printing Press, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken care of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy.

We know that if we effectively execute all that is stated above, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check : Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Securing a standard office facility plus renovation of the facility: Completed
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Conducting Feasibility Studies: Completed
  • Generating part of the startup capital from the founders: Completed
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents: In Progress
  • Design of Logo for the business: Completed
  • Secure trademark for our products: In Progress
  • Printing of Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Purchase of the needed flex printing machines: Completed
  • Purchase of the needed furniture, office equipment, software applications, electronic appliances and facility facelift: In progress
  • Creating Official Website for the business: In Progress
  • Creating Awareness for the business: In Progress
  • Health and Safety and Fire Safety Arrangement: In Progress
  • Establishing business relationship with vendors and key players in the industries: In Progress.

PRINTING PRESS BUSINESS PLAN IN NIGERIA

FEGEOSTOM printing press stands out in a competitive environment in Lagos State due to her quality service and good time management. Printing press business is a very lucrative business in Nigeria, most especially the commercial capital of the nation.

Research shows that Lagos state has a population density of over 17 million people. An estimation of about 55% of people living in Lagos state are working class and about 40% are in school. Lagos State also houses several commercial and religious centers. This suggests that a good number of people living in Lagos has a thing or two to do with printed materials, hence, there’s an assurance of a profitable print business for us.

As earlier mentioned, we, at FEGEOSTOM, make it a priority for our customers to get good value for their money through our quality service and ability to deliver on time.

To be the most trusted printing press in terms of quality and deliverability in Lagos/Nigeria.

  • To be consistent with our deliverables.
  • To increase awareness across and beyond the State through effective digital marketing.
  • To establish a 90% customer loyalty.
  • To have a percentage increase in the customer base by at least 40% annually through premium service and word of mouth referral.

Key success factors

  • Our location is a big advantage for us.
  • We ensure we deliver only the best.
  • Effective use of e-commerce.
  • Excellent customer service.

Products and services

Products – Booklets, business cards, envelopes, business forms, etc.

Services – Our services include cutting, folding, design, lamination, logo design, embossing, the printing of banners, posters, labels and tags, letterheads, posters, etc.

Marketability

The profitability of printing press business in a densely populated commercial region such as Lagos cannot be overemphasized. Therefore, location is a major benefit to our business. In addition, our quality service and uniqueness have also been rewarding. Nevertheless, we intend to maximize the use of digital marketing in order to showcase our business beyond our locality and the state in which we are presently located.

Cost of operation for Printing Press Business Plan in Nigeria

Presently, we have a manual lithographic, a 201 machine and a cord. However, we hope to expand and set up business in other parts of the country and also get more efficient machines such as the Direct Image (DI) machine for our business.

Asides the cost of the machines we already have, our current cost of operation is between 200,000 to 500,000 naira on a monthly basis, depending on the magnitude of work at hand. This includes the cost of fuel, paper, ink, etc.

The cost of expansion is an estimated sum of 100million naira. We intend to get a larger permanent space close to our current location and also get a Direct Image machine which does a better job than the cord we already have.

We also intend to employ more hands and establish other startups in the neighboring states for now. The estimated cost of acquiring and setting up a new facility is about 30 million naira. a DI machine costs about 17 million while a new cord is about 5 million.

The balance will be used to replicate our business in a neighboring state (Ogun State) but on a medium scale and then extend it to other populated states in the country.

Expected profit

On expansion, we speculate a profit of 48 million naira in the first year after all expenses have been paid and a 45% increase in subsequent years.

Management experience for of Printing Press Business Plan in Nigeria

Fenwa Akindotun  is the director at the FEGEOSTOM printing press. He has been in the printing press business since his teenage years and his wealth of experience is second to none. In addition to practical experience is his excellent educational experience in business as a graduate of the Lagos Business School. Fenwa is a visionary leader with the ability to motivate members of staff to give their best and think big. He has positively impacted the business and without doubts, will take the business to greater heights.

Joe Akinbo  is the graphic artist who helps to visualize and design materials to be printed. A graduate of Industrial design from the Federal University of Technology, Akure with a specialization in graphic design. Joe has over 7 years’ experience in this field and a lot of online certification to his name. A creative individual by nature, Joe is a definition of creative excellence, who settles for nothing less than the best.

Amaka Kelechi  is our financial manager. A graduate of Accounting from the prestigious University of Lagos and a member of the association of Chartered Accountant of Nigeria. She has over ten years of experience in this field. Amaka is responsible for the management of cash flow in order to ensure transparency, accountability and financial growth of the business.

Tolu Lasore , a product of the Lagos Business School, is our business developer. She is responsible for the preparation of the business plan, market analysis for would-be business partners, investors, and affiliate marketers. Before joining our team at FEGEOSTOM, Tolu has strategically helped over 15 small and medium scale businesses in Lagos to develop.

Why you should invest

Printing press business is one of the most profitable business in Nigeria. Printing press business when properly managed has the capability of doubling investment, it indeed has a high yield of profit margin. Another beautiful thing about the printing press business is that it has the potential of being successful regardless of the area. That is, it is a successful business in both the urban and rural areas.

Research shows that Nigeria has a population of about 180 million people, and it is estimated that about 50 million people are in need of printed materials on a daily basis as long as there are events such as birthdays, weddings, church programs, school activities, etc. that warrant the services of a printing press.

As earlier stated, the location of FEGEOSTOM printing press has been a very good advantage and we are sure that the success rate will triple upon expansion. You can be certain of getting a good return on investment with us.

FOR THE FULL DETAIL OF THIS BUSINESS PLAN, BUSINESS MODEL CANVAS, MARKETING PLAN AND FINANCIALS: 

Please call our business plan consultants : +2348147161686 , [email protected]

We have a team that can help you write your specific business plans, feasibility studies, Marketing plan,  grant application,  market research, business brand story and so on.

Contact : +2348147161686   for details

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23 September05:14 - 11:18 - 17:2204:37 - 17:5903:53 - 18:43 03:07 - 19:29
24 September05:16 - 11:18 - 17:1904:39 - 17:5603:55 - 18:40 03:09 - 19:26
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28 September05:24 - 11:16 - 17:0904:47 - 17:4504:04 - 18:29 03:18 - 19:14
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Located next to Noginskoye Highway in Electrostal, Apelsin Hotel offers comfortable rooms with free Wi-Fi. Free parking is available. The elegant rooms are air conditioned and feature a flat-screen satellite TV and fridge...
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Surrounded by 420,000 m² of parkland and overlooking Kovershi Lake, this hotel outside Moscow offers spa and fitness facilities, and a private beach area with volleyball court and loungers...
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Surrounded by green parklands, this hotel in the Moscow region features 2 restaurants, a bowling alley with bar, and several spa and fitness facilities. Moscow Ring Road is 17 km away...
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Russian Company MSZ JSC

Brief profile.

active Commercial

TIN 5053005918
Region, city Moscow Oblast, Elektrostal
Company Age (for comparison: the industry average is 20 years)
Core Activity Processing of nuclear fuel
Scale of Operation
Founder

Registrar:

(100%; 1.7 billion RUB)
Manager (general manager)
Where the company is listed as the founder (97.44%; 38 million RUB) (49%; 4.9 thousand RUB)

Facts to Consider

4 more firms are registered at the address of the organization.

The organization is the founder (co-founder) of a mass media

The organization holds 16 licenses.

show 2 more positive facts

Complete Profile

  • 1. General Information
  • 2. Registration in the Russian Federation
  • 3. Company's Activities
  • 4. Legal Address
  • 5. Owners, Founders of the Entity
  • 6. MSZ JSC CEO
  • 7. Entities Founded by Company
  • 8. Company Finance
  • 9. Timeline of key events
  • 10. Latest Changes in the Unified State Register of Legal Entities (USRLE)

General Information

Full name of the organization: MSZ MACHINERY MANUFACTURING PLANT, JOINT-STOCK COMPANY

TIN: 5053005918

KPP: 505301001

PSRN: 1025007111491

Location: 144001, Moscow Oblast, Elektrostal, ul. Karla Marksa, 12

Line of business: Processing of nuclear fuel (OKVED code 24.46)

Organization status: Commercial, active

Form of incorporation: Non-public joint-stock companies (code 12267 according to OKOPF)

Registration in the Russian Federation

The tax authority where the legal entity is registered: Mezhraionnaia inspektsiia Federalnoi nalogovoi sluzhby №6 po Moskovskoi oblasti (inspection code – 5031). The tax authority before 08/23/2021 – Inspektsiia Federalnoi nalogovoi sluzhby po g. Elektrostali Moskovskoi oblasti (code 5053).

Registration with the Pension Fund: registration number 060055000355 dated 19 December 1991.

Registration with the Social Insurance Fund: registration number 501900175750191 dated 22 November 2000.

Company's Activities

The main activity of the organization is Processing of nuclear fuel (OKVED code 24.46).

Additionally, the organization listed the following activities:

24.20 Manufacture of steel pipes, hollow profiles and fittings
24.45 Other non-ferrous metal production
25.50 Forging, pressing, stamping and profiling, manufacturing of products by powder metallurgy
25.62 Machining of metal products
33.12 Repair of machinery and equipment

The organization is included in the Roskomnadzor registry of registered mass media as a founder (co-founder) of the following media:

EnergiiaPI № TU 50 - 1185validprint media newspaperMoscow oblast144001, Moskovskaia obl., g. Elektrostal, ul. Karla Marksa, d. 9, ofis 212
Elemash-TVEL № FS 1 - 50929terminatedTV programMoscow oblast144009, Moskovskaia obl., g. Elektrostal, ul. Karla Marksa, d. 12

MSZ JSC holds licenses entitling to carry out the following activities:

Number, date of issue Issued by Types of operations Valid
GN-10-115-4505
of 09/15/2023
FEDERAL SERVICE FOR ENVIRONMENTAL, TECHNOLOGICAL AND NUCLEAR SUPERVISION Design and construction of nuclear installations, radiation sources, storage facilities for nuclear materials and radioactive substances, storage facilities for radioactive waste from 09/15/2023
GN-11-101-4473
of 07/05/2023
FEDERAL SERVICE FOR ENVIRONMENTAL, TECHNOLOGICAL AND NUCLEAR SUPERVISION Design and manufacture of equipment for nuclear installations, radiation sources, storage facilities for nuclear materials and radioactive substances, storage facilities for radioactive waste from 07/05/2023
L007-00102-77/00654451
of 06/01/2023
MINISTRY OF INDUSTRY AND TRADE OF THE RUSSIAN FEDERATION Development, production, testing and repair of aviation equipment, with the exception of unmanned aircraft systems and (or) their elements, including unmanned civil aircraft with a maximum take-off weight of 30 kilograms or less from 06/01/2023

The organization is included in the Roskomnadzor registry as a personal data processing operator .

Legal Address

MSZ JSC is registered at 144001, Moscow Oblast, Elektrostal, ul. Karla Marksa, 12. ( show on a map )

The following organization are also registered at the following address (including liquidated organizations):

  • CENTRAL DESIGN AND TECHNOLOGICAL INSTITUTE JSC

The reason may be that the address’s accuracy wasn’t ascertained after the registration. Otherwise the address can be recognized as an address of mass legal entities registration.

Owners, Founders of the Entity

The list of organization’s shareholders is kept at registrar AO "NRK-R.O.S.T." .

According to the Unified State Register of Legal Entities (USRLE) the organization’s founder is (can be inconsistent with the current shareholders composition – the relevant details are available at the registrar only):

Founder Share Nominal value from which date
(Moscow) 100% 1.7 billion RUB 05/12/2022

Subject to the entire chain of the current founders, the list of MSZ JSC ultimate founders is as follows:

Ultimate founders Share Nominal value Via
100% 1.7 billion RUB

MSZ JSC CEO

The head of the organization (a person who has the right to act on behalf of a legal entity without a power of attorney) since 10 August 2021 is general manager Bagdatev Dmitrii Nikolaevich (TIN: 505304128446).

  • (general manager from 07/08/2019 until 08/10/2021 * )
  • (general manager from 01/25/2011 until 07/10/2019 * )

Entities Founded by Company

Currently MSZ JSC is listed as a founder in the following organizations:

  • OOO "MSZ-M" (Moscow Oblast, Elektrostal; 97.44%; 38 million RUB)
  • OOO UNTS "NUKLON" PRI MGTU IM. N.E.BAUMANA (Moscow; 49%; 4.9 thousand RUB)

Previously the organization was listed as a founder in:

  • ANO "KSK "KRISTALL" (Moscow Oblast, Elektrostal) - until 12/15/2021
  • 1-I NPF AO (Moscow; 0.34%; 1.2 million RUB) - until 12/31/2021
  • TOR "SOVET PROMYSHLENNIKOV I PREDPRINIMATELEI GORODSKOGO OKRUGA ELEKTROSTAL MOSKOVSKOI OBLASTI" (Moscow Oblast, Elektrostal) - until 12/15/2021
  • AO "TVEL-STROI" (Moscow; 1.7 million RUB) - until 10/04/2021
  • TSZH "ELEMASH-VOSTOK" (Moscow Oblast, Elektrostal) - until 01/01/2022

Company Finance

The Authorized capital of MSZ JSC is 1.7 billion RUB.

Until 05/25/2020 the authorized capital was 1.7 billion RUB., before 02/14/2019 – 1.6 billion RUB, before 02/13/2018 – 1.6 billion RUB

The net assets of MSZ JSC as of 12/31/2021 totaled 57.2 billion RUB.

The MSZ JSC’s operation in 2021 resulted in the profit of 1.7 billion RUB. This is by 26.6 % less than in 2020. Please note that the financial performance is given for 2021; no data available for 2023.

The organization is not subject to special taxation regimes (operates under a common regime).

The organization had no tax arrears as of 08/10/2024.

Timeline of key events

Latest changes in the unified state register of legal entities (usrle).

  • 06/24/2024 . Submission of information about the registration of an individual at the place of residence.
  • 05/25/2024 . Representation by the licensing authority of information about the grant of a license.
  • 11/18/2023 . Representation by the licensing authority of information about the grant of a license.
  • 09/07/2023 . State registration of changes made to the constituent documents of a legal entity related to changes in information about a legal entity contained in the Unified State Register of Legal Entities, based on an application.
  • 06/13/2023 . Representation by the licensing authority of information about the grant of a license.
  • 06/02/2023 . Representation by the licensing authority of information about the grant of a license.
  • 05/12/2022 . Change of information about a legal entity contained in the Unified State Register of Legal Entities.
  • 03/25/2022 . State registration of changes made to the constituent documents of a legal entity related to changes in information about a legal entity contained in the Unified State Register of Legal Entities, based on an application.
  • 10/18/2021 . Submission by the licensing authority of information on the renewal of documents confirming the existence of a license (information on the renewal of a license).
  • 10/01/2021 . Submission by the licensing authority of information on the renewal of documents confirming the existence of a license (information on the renewal of a license).

* The date of change in the Unified State Register of Legal Entities is shown (may be different from the actual date).

The data presented on this page have been obtained from official sources: the Unified State Register of Legal Entities (USRLE), the State Information Resource for Financial Statements, the website of the Federal Tax Service (FTS), the Ministry of Finance and the Federal State Statistics Service.

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  • SMP WEDDINGS
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  • by Melissa Hammam
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Hands up if you’re ready to be dazzled! From a ceremony structure designed to float on water to a jaw-dropping reception room with flowers blooming from every service, we’re swooning over every bit of this wedding. If you can believe it, that’s just the beginning. Julia Kaptelova artfully shot every detail, like the ballet performance guests were treated to and snow falling from the ceiling for the first dance! Prepare to be amazed and take a visit to the full gallery .

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From About You Decor … Our design is a symbol of dawn and a distant endless horizon. Ahead is a long, happy life without any borders. An international couple, Pavel and Cherry, met in London and have been walking together for many years.

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From the Bride, Cherry… My husband and I we decided to have our summer wedding in Moscow because the city is where his roots are. As we knew we were going to have the other wedding ceremony in China, we wanted our Moscow one to be very personal and intimate. We’ve known each other since we were fourteen, together with many of our friends whom we’ve also known for a decade.

printing press business plan

I didn’t want to walk down the aisle twice so the plausibility of my request quickly came into discussion. The open pontoon stage was constructed in order to facilitate the bridal entrance on water, although there were concerns about safety as the last thing we wanted was probably a drowned bride before she could get on stage, picture that! I have to say on that day it wasn’t easy to get on the pontoon stage from the boat, in my long gown and high heels. Luckily my bridesmaids still noticed even though they stood the furthest from me on the stage, and helped me out without prior rehearsal. My girls could just tell whenever I needed a hand or maybe they were just so used to my clumsiness. Who knows 😂

We all love our photographer Julia! She’s so talented and her style is so unique. Our beloved host Alex is exceptional who made everyone laugh and cry. It was truly a blessing to have so many kind and beautiful souls on our big day. Thank you all!

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[iframe https://player.vimeo.com/video/384992271 600 338]

Share this gorgeous gallery on

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Photography: Julia Kaptelova Photography | Wedding Planner: Caramel | Cake: Any Cake | Invitations: Inviteria | Rings: Harry Winston | Band: Menhouzen | Grooms attire: Ermenegildo Zegna | Wedding Venue: Elizaveta Panichkina | Bridesmaids’ dresses: Marchesa | Bridesmaids’ dresses: Alice McCall | Bride’s gown : Jaton Couture | Bride’s shoes: Manolo Blahnik | Decor : About you decor | Earrings: Damiani | Muah: Khvanaco Studio | Video: Artem Korchagin

More Princess-Worthy Ballgowns

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I’m still not convinced this Moscow wedding, captured to perfection by  Sonya Khegay , isn’t actually an inspiration session—it’s just  that breathtaking. From the beautiful Bride’s gorgeous lace wedding dress and flawless hair and makeup to the pretty pastel color palette and stunning ceremony and reception spaces, this wedding is almost too good to be true. Do yourself a favor and see it all in The Vault now!

printing press business plan

From Sonya Khegay … It was the last day of April and still very cold in the morning. The weather forecast wasn’t pleasing and no one expected that the sun would come out, but miracles happen and light rain gave way to the warm rays.

I love how all the details went together, you could feel the harmony in everything throughout the entire wedding day from the morning until the fireworks.

A gentle look of the bride, elegant but so airy and unique decor, the fresh and light atmosphere of early spring and, of course, true happiness in the eyes. My heart becomes so warm from these memories, it is always a pleasure to see the birth of a new family of two loving hearts.

Photography: Sonya Khegay | Event Design: Latte Decor | Event Planning: Ajur Wedding | Floral Design: Blush Petals | Wedding Dress: La Sposa | Stationery: Special Invite | Bride's Shoes: Gianvito Rossi | Hair + Makeup: Natalie Yastrebova | Venue: Rodniki Hotel

  • by Elizabeth Greene

You really can’t go wrong with simple: a beautiful Bride , perfectly pretty petals , loved ones all around. But add in an amazing firework show  to cap off the night and simple just became downright extraordinary. Captured by Lena Elisseva , with assistance by  Katya Butenko , this rustic Russian celebration is simply fantastic. See it all in the Vault right here !

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From Lena Eliseeva Photo …  This cozy and warm summer wedding of gorgeous Natalia and Anton was in the middle of June. The young couple decided to organize their wedding themselves, and the day was very personal and touching. I am absolutely in love with rustic outdoor weddings, and this one is my favourite because of the free and easy atmosphere.

All the decor excluding the bride’s bouquet was made by a team of ten friends of the bride and groom. And it was charming – a light and beautiful arch, eco-style polygraphy and succulents, candy-bar with caramel apples and berries – sweet joys of summer.

At the end of ceremony the guests tossed up white handkerchiefs embroidered by Natalia’s own hands.

The most touching moment was the happy eyes of the groom’s grandmother, the most estimable person on the wedding. And the fireworks were a bright end to that beautiful day.

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Photography: LENA ELISEEVA PHOTO | Floral Design: Katerina Kazakova | Hair And Makeup: Svetlana Fischeva | Photography - Assistance: Katya Butenko

These photos from Lena Kozhina are so stunningly beautiful – as in you can’t help but stop and stare – it’s hard to believe it’s real life. But these pics are proof of this gorgeous Bride and her handsome Groom’s celebration at Moscow’s Fox Lodge , surrounded by vibrant colors and breathtaking blooms . Oh, and the idea of prepping for your Big Day outside in the sun ? Brilliant. See more bright ideas right here !

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From Lena Kozhina … When we met with the couple for the first time, we immediately paid attention to Dima’s behavior towards Julia. There was a feeling of tenderness and awe, and we immediately wanted to recreate this atmosphere of love, care and warmth on their Big Day.

Later, when we had chosen a green meadow and an uncovered pavilion overlooking a lake as the project site, it only highlighted a light summer mood with colorful florals and a great number of natural woods. The name of the site is Fox Lodge and peach-orange color, as one of the Bride’s favorites, set the tone for the whole design – from the invitations, in which we used images of fox cubs to elements of serving guest tables and other decorative elements with the corresponding bright accents.

Photography: Lena Kozhina | Event Planning: Ajur Wedding | Wedding Dress: Rosa Clara | Shoes: Marc Jacobs | Catering: Fox Lodge | Makeup Artist: Elena Otrembskaya | Wedding Venue: Fox Lodge | Cake and Desserts: Yumbaker | Decor: Latte Decor

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  18. Elektrostal, Moscow Oblast, Russia

    Elektrostal Geography. Geographic Information regarding City of Elektrostal. Elektrostal Geographical coordinates. Latitude: 55.8, Longitude: 38.45. 55° 48′ 0″ North, 38° 27′ 0″ East. Elektrostal Area. 4,951 hectares. 49.51 km² (19.12 sq mi) Elektrostal Altitude.

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  20. MSZ JSC: owners, founders, management, details(TIN 5053005918)

    Full name of the organization: MSZ MACHINERY MANUFACTURING PLANT, JOINT-STOCK COMPANY TIN: 5053005918 KPP: 505301001 PSRN: 1025007111491 Location: 144001, Moscow Oblast, Elektrostal, ul. Karla Marksa, 12. Line of business: Processing of nuclear fuel (OKVED code 24.46) Organization status: Commercial, active Form of incorporation: Non-public joint-stock companies (code 12267 according to OKOPF)

  21. Moscow Wedding Ideas and Inspiration

    We were inspired by nature, forest landscapes, and fairytale pictures featuring beautiful royal receptions with their special atmosphere and precise details. The decoration team used lots of greenery, ivy, and roses to create and organic connection between our venue and nature. The wedding day was absolutely stunning!