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:
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.
The challenges for an online print shop which are not typically faced by other electronic commerce vendors include:
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.
Customized printing will be offered in the future on products including:
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.
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.
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.
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% |
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.
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:
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:
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:
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.
Highlights of Market
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:
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:
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:
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:
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.
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.
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.
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:
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.
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:
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.
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.
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.
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.
The following table and charts show our projected sales and direct costs for the next three years.
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 |
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.
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 |
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.
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 Standards
PrintingSolutions.com will offer the following design standards:
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:
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.
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 |
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.
Funding Requirements and Uses
The company will be raising $2 million for the purposes of:
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 |
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:
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.
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.
The following chart and table outline the break-even analysis for PrintingSolutions.com.
Break-even Analysis | |
Monthly Revenue Break-even | $94,646 |
Assumptions: | |
Average Percent Variable Cost | 32% |
Estimated Monthly Fixed Cost | $64,359 |
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.
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% |
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.
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 |
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 |
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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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
A proper business plan is very important to start any business. You should consider the following points before starting a printing business.
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.
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.
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.
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.
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.
To start a printing business, you require these licenses and certificates,
If you require a business loan then you can approach banks like SIDBI .
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,
Ongoing monthly expenses are shop rent, employee salary, material purchases, utility bills, etc.
Related: How to start Xerox Shop Business in India?
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:
How much space is required to start a printing business.
you require a minimum of 150 square feet of space to start the business.
You can start with a 6 lakh to 7 lakh rupees investment.
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.
What is the latest printing method. And how to learn and where?
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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.
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.
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.
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.
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.
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;
Flex Printing Machine Operators
Client Service Executive
Chief Executive Officer – CEO:
Accounting Clerk/Cashier:
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.
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.
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.
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;
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.
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;
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.
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;
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.
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.;
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.
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;
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.
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;
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.
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.
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
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.
Key success factors
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:
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Elektrostal Localisation : Country Russia , Oblast Moscow Oblast . Available Information : Geographical coordinates , Population, Altitude, Area, Weather and Hotel . Nearby cities and villages : Noginsk , Pavlovsky Posad and Staraya Kupavna .
Find all the information of Elektrostal or click on the section of your choice in the left menu.
Country | |
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Oblast |
Information on the people and the population of Elektrostal.
Elektrostal Population | 157,409 inhabitants |
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Elektrostal Population Density | 3,179.3 /km² (8,234.4 /sq mi) |
Geographic Information regarding City of Elektrostal .
Elektrostal Geographical coordinates | Latitude: , Longitude: 55° 48′ 0″ North, 38° 27′ 0″ East |
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Elektrostal Area | 4,951 hectares 49.51 km² (19.12 sq mi) |
Elektrostal Altitude | 164 m (538 ft) |
Elektrostal Climate | Humid continental climate (Köppen climate classification: Dfb) |
Distance (in kilometers) between Elektrostal and the biggest cities of Russia.
Locate simply the city of Elektrostal through the card, map and satellite image of the city.
Weather forecast for the next coming days and current time of Elektrostal.
Find below the times of sunrise and sunset calculated 7 days to Elektrostal.
Day | Sunrise and sunset | Twilight | Nautical twilight | Astronomical twilight |
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23 September | 05:14 - 11:18 - 17:22 | 04:37 - 17:59 | 03:53 - 18:43 | 03:07 - 19:29 |
24 September | 05:16 - 11:18 - 17:19 | 04:39 - 17:56 | 03:55 - 18:40 | 03:09 - 19:26 |
25 September | 05:18 - 11:17 - 17:17 | 04:41 - 17:53 | 03:57 - 18:37 | 03:12 - 19:23 |
26 September | 05:20 - 11:17 - 17:14 | 04:43 - 17:51 | 03:59 - 18:34 | 03:14 - 19:20 |
27 September | 05:22 - 11:17 - 17:11 | 04:45 - 17:48 | 04:02 - 18:32 | 03:16 - 19:17 |
28 September | 05:24 - 11:16 - 17:09 | 04:47 - 17:45 | 04:04 - 18:29 | 03:18 - 19:14 |
29 September | 05:26 - 11:16 - 17:06 | 04:49 - 17:43 | 04:06 - 18:26 | 03:21 - 19:11 |
Our team has selected for you a list of hotel in Elektrostal classified by value for money. Book your hotel room at the best price.
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... | from | |
Located in the green area Yamskiye Woods, 5 km from Elektrostal city centre, this hotel features a sauna and a restaurant. It offers rooms with a kitchen... | from | |
Ekotel Bogorodsk Hotel is located in a picturesque park near Chernogolovsky Pond. It features an indoor swimming pool and a wellness centre. Free Wi-Fi and private parking are provided... | from | |
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... | from | |
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... | from | |
Below is a list of activities and point of interest in Elektrostal and its surroundings.
Direct link | |
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DB-City.com | Elektrostal /5 (2021-10-07 13:22:50) |
Country: Russia
Continent: Europe
Population: 11,514,300
Country Capital: Yes
For all cities with a population greater than five hundred thousand, Moscow is closest to Tula and farthest from Auckland . The closest foreign city is Gomel and the farthest domestic city is Vladivostok . See below for the top 5 closest and farthest cities (domestically, internationally and by continent) and to see which cities, if any, Moscow is the closest and farthest to. Filter to include all cities over 100k, 500k or 1 million in population.
Closest Cities | KM | |
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173 | ||
185 | ||
251 | ||
373 | ||
403 |
Farthest Cities | KM | |
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16,190 | ||
14,484 | ||
14,443 | ||
14,412 | ||
14,152 |
Closest Foreign Cities | KM | |
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569 | ||
647 | ||
677 | ||
757 | ||
793 |
Farthest Domestic Cities | KM | 6,434 | 6,159 | 4,218 | 3,363 | 3,128 |
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Closest African Cities | KM | |
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2,752 | ||
2,783 | ||
2,788 | ||
2,794 | ||
2,812 |
Farthest African Cities | KM | 10,103 | 10,003 | 9,506 | 9,136 | 9,126 |
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Closest Asian Cities | KM | |
---|---|---|
1,422 | ||
1,499 | ||
1,646 | ||
1,716 | ||
1,757 |
Farthest Asian Cities | KM | 10,031 | 9,964 | 9,812 | 9,754 | 9,585 |
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Closest Australia and Oceania Cities | KM | |
---|---|---|
12,198 | ||
13,788 | ||
14,062 | ||
14,152 | ||
14,412 |
Farthest Australia and Oceania Cities | KM | 16,190 | 14,484 | 14,443 | 14,412 | 14,152 |
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Closest European Cities | KM | |
---|---|---|
173 | ||
185 | ||
251 | ||
373 | ||
403 |
Farthest European Cities | KM | 3,826 | 3,785 | 3,448 | 3,320 | 3,182 |
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Closest North American Cities | KM | |
---|---|---|
6,853 | ||
7,075 | ||
7,180 | ||
7,240 | ||
7,507 |
Farthest North American Cities | KM | 11,030 | 10,869 | 10,837 | 10,811 | 10,791 |
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Closest South American Cities | KM | |
---|---|---|
9,478 | ||
9,487 | ||
9,580 | ||
9,668 | ||
9,733 |
Farthest South American Cities | KM | 14,125 | 14,118 | 13,692 | 13,544 | 13,460 |
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Closest City To | KM | |
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Farthest City From | KM | |
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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) |
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
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)
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.
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:
Energiia | PI № TU 50 - 1185 | valid | print media newspaper | Moscow oblast | 144001, Moskovskaia obl., g. Elektrostal, ul. Karla Marksa, d. 9, ofis 212 |
Elemash-TV | EL № FS 1 - 50929 | terminated | TV program | Moscow oblast | 144009, 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 .
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):
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.
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 |
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).
Currently MSZ JSC is listed as a founder in the following organizations:
Previously the organization was listed as a founder in:
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.
Latest changes in the unified state register of legal entities (usrle).
* 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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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 .
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.
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.
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!
[iframe https://player.vimeo.com/video/384992271 600 338]
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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
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!
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
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 !
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.
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 !
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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Writing a printing press business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan: 1. Executive Summary. An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready ...
Remi. September 4, 2024. Business Plan. 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 ...
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 ...
Download a customizable template to create your own print shop business plan, including financial model and market analysis. Learn how to start or grow your print shop with this comprehensive guide.
Step 4: Create a Printing Business Plan. Here are the key components of 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.
Learn how to write a printing press business plan with information on business model, service scope, operations, marketing, and financial projections. Find out what factors to consider for different types of printing presses and how to get funding from investors or banks.
Help tip Printing Press Business Plan. Calculate costs associated with starting a printing press business, and estimate your financing needs and how much capital you need to raise to operate your business. Be specific about your short-term and long-term financing requirements, such as investment capital or loans.
Lastly, address any funding needs in the "ask" section of your executive summary. 2. The presentation of the company. In your printing shop business plan, the second section should focus on the structure and ownership, location, and management team of your company.
Download. Business in a Box templates are used by over 250,000 companies in United States, Canada, United Kingdom, Australia, South Africa and 190 countries worldwide. Download your Printing Company Business Plan Template in MS Word (.docx). Everything you need to plan, manage, finance, and grow your business.
Printing Services Broker Business Plan. Copriso is a former sole proprietorship, restructuring and starting up as a partnership, providing printing brokerage services to businesses and printing vendors. Before you write a business plan, do your homework. These sample business plans for online print shops, print shop websites, print brokers, and ...
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 ...
Register your business via the secretary of state's office to ensure that your print shop operates legally. You can form the company under one of several business structures: corporation, partnership, or limited liability company (LLC). These business types share several similarities and have many differences.
1. Research the competition and their equipment. Once you find out who your target market is, research the printing businesses who are currently attempting to fulfill the needs of this audience. Visit these printing businesses' websites and learn all you can about them to find out what services they are lacking.
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.
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.
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.
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.
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.
For all cities with a population greater than five hundred thousand, Moscow is closest to Tula and farthest from Auckland.The closest foreign city is Gomel and the farthest domestic city is Vladivostok.See below for the top 5 closest and farthest cities (domestically, internationally and by continent) and to see which cities, if any, Moscow is the closest and farthest to.
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)
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!