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Print Shop Business Plan Template

Written by Dave Lavinsky

print shop business plan

Print Shop Business Plan

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

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

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

Download our Ultimate Business Plan Template here >

What is a Print Shop Business Plan?

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

Why You Need a Business Plan for a Print Shop

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

Sources of Funding for Print Shop Businesses

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

Finish Your Business Plan Today!

How to write a business plan for a print shop business.

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

Executive Summary

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

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

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

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

Company Overview

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

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

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

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

Include answers to questions such as:

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

Industry Analysis

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

While this may seem unnecessary, it serves multiple purposes.

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

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

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

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

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

Customer Analysis

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

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

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

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

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

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Competitive Analysis

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

Direct competitors are other print shop businesses.

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

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

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

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

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

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

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

Marketing Plan

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

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

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

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

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

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

Operations Plan

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

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

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

Management Team

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

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

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

Financial Plan

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

Income Statement

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

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

Balance Sheets

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

Cash Flow Statement

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

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

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

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

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

Print Shop Business Plan FAQs

What is the easiest way to complete my print shop business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily write your print shop business plan.

How Do You Start a Print Shop Business?

Starting a Print Shop business is easy with these 14 steps:

  • Choose the Name for Your Print Shop Business
  • Create Your Print Shop Business Plan
  • Choose the Legal Structure for Your Print Shop Business
  • Secure Startup Funding for Your Print Shop Business (If Needed)
  • Secure a Location for Your Business
  • Register Your Print Shop Business with the IRS
  • Open a Business Bank Account
  • Get a Business Credit Card
  • Get the Required Business Licenses and Permits
  • Get Business Insurance for Your Print Shop Business
  • Buy or Lease the Right Print Shop Business Equipment
  • Develop Your Print Shop Business Marketing Materials
  • Purchase and Setup the Software Needed to Run Your Print Shop Business
  • Open for Business

Where Can I Download a Free Business Plan Template PDF?

Click here to download the pdf version of our basic business plan template.

Our free business plan template pdf allows you to see the key sections to complete in your plan and the key questions that each must answer. The business plan pdf will definitely get you started in the right direction.

We do offer a premium version of our business plan template. Click here to learn more about it. The premium version includes numerous features allowing you to quickly and easily create a professional business plan. Its most touted feature is its financial projections template which allows you to simply enter your estimated sales and growth rates, and it automatically calculates your complete five-year financial projections including income statements, balance sheets, and cash flow statements. Here’s the link to our Ultimate Business Plan Template.

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

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.  

Click here to see how a Growthink business plan writer can create your business plan for you.

Other Helpful Business Plan Articles & Templates

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Executive Summary of a Printing Business: Template & Example

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  • February 29, 2024
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Executive Summary of a Printing Business example

A printing business plan needs a straightforward executive summary . This part of your plan is the first thing investors and partners see, and it should clearly outline what your printing business is all about. It’s where you explain what makes your printing business different and worth investing in.

We recommend using a two-slide PowerPoint format for this summary. The first slide should cover the basics of your business and the market you’re entering. Here, you detail your printing business’s offerings, location, and what sets you apart from others. The second slide focuses on your management team and your financial plans, highlighting the people behind the business and how you expect the printing business to grow financially.

This simple, two-slide approach ensures that your executive summary is easy to follow and covers all the essential points about your printing business.

the business plan template for a printing business

Printing Company Business Plan

printing press business plan sample

Fully editable 30+ slides Powerpoint presentation business plan template.

Download an expert-built 30+ slides Powerpoint business plan template

Printing Business Executive Summary: Page 1

Executive Summary slide of a Printing Business example

Business Overview

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

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

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

Market Overview

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

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

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

Printing Business Executive Summary: Page 2

Executive Summary slide of a Printing Business example

Management Team

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

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

Financial Plan

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

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

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Print Shop Business Plan Template

Written by Dave Lavinsky

Print Shop Business Plan

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

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

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

Executive Summary

Business overview.

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

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

Product Offering

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

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

Customer Focus

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

Management Team

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

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

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

Success Factors

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

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

Financial Highlights

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

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

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

Quick Process Print Shop Pro Forma Projections

Company Overview

Who is quick process print shop.

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

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

Quick Process Print Shop History

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

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

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

Quick Process Print Shop Services

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

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

Industry Analysis

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

Customer Analysis

Demographic profile of target market.

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

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

Customer Segmentation

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

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

Competitive Analysis

Direct and indirect competitors.

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

TJ’s Speedy Print Shop

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

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

RiverEdge Printing & Packing Services

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

Excelsior Printing Company, Inc.

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

Competitive Advantage

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

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

Marketing Plan

Brand & value proposition.

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

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

Promotions Strategy

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

Word of Mouth/Referrals

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

Professional Associations and Networking

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

Print Advertising

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

Website/SEO Marketing

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

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

Operations Plan

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

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

Milestones:

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

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

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

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

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

Financial Plan

Key revenue & costs.

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

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

Funding Requirements and Use of Funds

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

Key Assumptions

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

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

Financial Projections

Income statement.

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

Balance Sheet

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

Cash Flow Statement

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

Print Shop Business Plan FAQs

What is a print shop business plan.

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

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

What are the Main Types of Print Shop Businesses?

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

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

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

What are the Steps To Start a Print Shop Business?

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

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

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

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

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

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

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

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

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

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Printing and Photocopy Business Plan Sample

Fill the form to download printing and photocopy business plan example.

Starting a 3D printing business or other types of printing business has many benefits. It is very easy to get started with a very low investment from your home, or you can increase its size depending on your investment.

In order to launch this business successfully, you will need to prepare comprehensive printing and photocopy business plan which will lay the foundations for future business operations and decisions.

If you are wondering how to write one, then here is a printing and photocopy business plan sample  to help you write your own.

Executive Summary

Thinktank will be a business service provider based in Miami, Florida. Founded by Mrs. Cindy Smith, Thinktank will offer a variety of business services including postal, shipping, faxing, and copying to the local residents. While these services will comprise the initial market entry core, long-term plans call for the integration of storage and relocation capabilities to the business mix. The local area has been in dire need of a service of this type for some time and Thinktank plans to adequately serve them through the consistent delivery of real-time business solutions.

The market is definitely filled with opportunities but in order to capitalize on them, a strong infusion of working capital must acquiesce. The founder projects needing 100K for their business venture with repayment being made out of the profits that are driven annually. Funding that is secured will be used in a variety of areas including marketing, logistics, management, site procurement as well as the day-to-day operations of the organization.

To read the complete executive summary click here

Useful Resource:   How to write an executive summary for a business plan

Financial Highlights

financial highlights Postal Service Business Plan

View the full financial highlights by downloading the pdf

Startup Summary

startup expenses of postal services business plan

For a detailed startup summary, click here to download a pdf

Industry at a Glance

Industry at a Glance of postal services business plan

Click here to read more about the industry at a glance.

Key External Drivers

Industry activity is mostly affected by the level of outsourcing of non-core activities. A growing trend of outsourcing administration functions has resulted in significant growth in revenue in the past. Although rising competition from other industries is now occurring.

postal services business plan

Download the pdf file here for a complete guide on key external drivers

SWOT Analysis

1. Location. The location is one of the primary strengths of the Thinktank business model as there are currently no other organizations that have the capabilities to offer the types of services that will be introduced to the market.

1. Lack of funding. Funding is the sole weakness of the Thinktank business venture. While funding is a weakness it should be noted that the founder is confident that if adequate funding is secured, she will be able to develop a viable, sustainable business.

Opportunities

1. Limited competition. The limited amount of local competition  is the primary opportunity for Thinktank as it will give the  organization the opportunity to develop a loyal customer base  while erecting barriers to entry.

1. Larger organizations. Larger organizations could possibly realize the opportunities that can be found in the local region and begin entering the market. While this is a threat, the founder believes that with strategic marketing, community efforts and customer service, this threat can for the most part be mitigated.

Click here to download the pdf for complete detail of the SWOT analysis.

Financial Indicators

financial indicator of postal services business plan

To learn more about financial indicators, click here to download the pdf

Projected Cash Flow

cash flow of postal services business plan

Click here to download the pdf to view the full projected cash flow

Projected Balance Sheet

Balance sheet of postal services business plan

Click here to download the pdf to view the full projected balance sheet

Click to view the faxing and printing and photocopy business plan. Our experienced MBA business plan writers professionally write each business plan and work with you to develop a winning plan.  Your business plan can look as polished and professional as this sample business plan, we provide real sample business plans free of charge.

Business Plan Sample for Printing and Photocopy Business

Download Printing and Photocopy Business Plan Example PDF

We will show you some real-world business plan examples so you may know how to write your own, especially if you are seeking a bank loan or an outside investment and need to use SBA-approved formatting.

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Print Shop Website Business Plan

Start your own print shop website business plan

PrintingSolutions.com

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

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

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

Highlights of PrintingSolutions.com

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

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

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

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

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

Print shop website business plan, executive summary chart image

1.1 Mission

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

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

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

2.1 Start-up Summary

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

Print shop website business plan, company summary chart image

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

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

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

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

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

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

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

Business Stationery: This will initially include:

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

3.1 Fulfillment

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

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

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

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

3.2 Technology

Pro Tip:

3.2.1 Challenges

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

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

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

3.3 Future Services

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

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

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

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

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

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

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

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

4.1 Customers and Markets

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

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

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

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

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

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

Print shop website business plan, market analysis summary chart image

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

4.2 Target Market Segment Strategy

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

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

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

4.2.1 Market Trends

The evolution of vertical e-marketplaces

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

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

2000 To 2001: Racing To Establish Credibility

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

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

2001+: Building Value through Networks.

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

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

4.3 Service Business Analysis

Market Description

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

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

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

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

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

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

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

4.3.1 Market Highlights

Highlights of Market

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

4.3.2 E-marketplaces

E-marketplace Reports

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

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

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

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

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

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

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

4.3.3 Competition and Buying Patterns

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

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

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

4.3.4 Main Competitors

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

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

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

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

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

Strategy and Implementation Summary

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

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

5.1 Competitive Edge

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

5.2 Marketing Strategy

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

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

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

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

5.2.1 Positioning Statement

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

5.2.2 Pricing Strategy

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

5.3 Sales Strategy

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

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

5.3.1 Sales Forecast

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

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

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

5.4 Strategic Alliances

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

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

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

5.5 Milestones

Sample Milestones topic text.

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

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

Web Plan Summary

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

6.1 Development Requirements

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

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

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

6.2 System Standards and Integration

Design Standards

PrintingSolutions.com will offer the following design standards:

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

Depth and Integration

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

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

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

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

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

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

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

7.1 Organizational Structure

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

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

7.2 Management Team

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

Financial Plan investor-ready personnel plan .">

Funding Requirements and Uses

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

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

8.1 Financial Risks and Contingencies

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

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

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

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

8.2 Important Assumptions

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

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

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

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

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

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

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

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

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

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

8.3 Break-even Analysis

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

Print shop website business plan, financial plan chart image

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

8.4 Projected Profit and Loss

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

Print shop website business plan, financial plan chart image

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

8.5 Projected Cash Flow

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

Print shop website business plan, financial plan chart image

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

8.6 Balance Sheet

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

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

8.7 Business Ratios

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

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

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Flex Printing Press Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » B2B Sector

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

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

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

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

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

A Sample Flex Printing Business Plan Template

1. industry overview.

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

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

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

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

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

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

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

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

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

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

2. Executive Summary

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

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

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

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

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

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

3. Our Products and Services

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

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

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

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

4. Our Mission and Vision Statement

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

Our Business Structure

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

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

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

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

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

Flex Printing Machine Operators

Client Service Executive

5. Job Roles and Responsibilities

Chief Executive Officer – CEO:

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

Accounting Clerk/Cashier:

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

6. SWOT Analysis

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

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

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

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

  • Opportunities:

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

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

7. MARKET ANALYSIS

  • Market Trends

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

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

8. Our Target Market

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

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

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

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

Our competitive advantage

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

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

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

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

9. SALES AND MARKETING STRATEGY

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

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

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

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

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

Sources of Income

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

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

10. Sales Forecast

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

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

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

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

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

11. Publicity and Advertising Strategy

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

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

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

12. Our Pricing Strategy

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

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

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

  • Payment Options

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

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

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

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

13. Startup Expenditure (Budget)

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

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

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

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

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

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

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

14. Sustainability and Expansion Strategy

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

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

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

Check List/Milestone

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

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The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.

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That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate Printing Business. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?

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Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.

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Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.

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Here's a Sample 'Executive Summary' for a Printing Business plan :

COMPANY NAME  is a 100% woman privately owned and operated S Corporation with well established relationships in the rapidly-growing Tri-Valley region of San Francisco's East Bay.  It was incorporated in 2004.  COMPANY NAME was founded by INSERT NAME and fully operated by INSERT NAMES who is established as Vice President of Sales and Acquisitions. Located in the rapidly-growing Tri-Valley region of San Francisco's East Bay, Dublin is located at the crossroads of I-580 and I-680. Dublin is 14.01 square miles in size and currently has an approximate population of 41,907 (and growing). Dublin has a mild climate and a positive attitude toward commercial, industrial and residential growth.  COMPANY NAME already does well in the area and even nationwide and overseas due to the company's availability and presence online. In the early 1990s, INSERT NAME launched his career in the printing industry with a sales position at a regional auto sales publication. Over the next few years, he made great professional strides, continuing his career with the #1 rated local daily newspaper. In 1995, he took the next step in his career as a sales representative with one of the premier, high-end printers in the country, Lithographix. INSERT NAME spent the next decade working for various high-end commercial printers, learning the industry, increasing his printing knowledge, and building relationships. His growing list of clients learned that his experience and expertise were second to none. In early 2004, these customers began expressing their desire to have Mike manage ALL of their printing needs, not just the high-end projects. There was a need in the marketplace to have a company that could facilitate all levels of printing. And so, in the fall of 2004, in response to these client demands, INSERT NAME, launched COMPANY NAME. INSERT NAME has over 12 years of marketing and sales experience across a broad spectrum of business types. She has worked as a marketing manager for the Clayton, CA office of Better Homes Realty; as a product marketing manager for Premenos, an EDI software developer; as a marketing manager at Net Wireless, where she directed all collateral and direct mail efforts; as an account executive at AT&T's cable accounts division; and most recently as a sales representative at All American Label. Her in-depth understanding of marketing and sales needs across various business platforms leaves her uniquely qualified to help clients strategize and fulfill their own promotional needs.

1.1 Objectives

1. To generate generous annual sales by the third year of this plan. 2. To establish a tiered client hierarchy:

  • 20% long term, established customers
  • 60% customers with ongoing irregular and periodic needs
  • 20% new customers with unestablished needs.

3. To hire permanent employees and eliminate the need for independent contractors, providing more job stability to the area. 4. To establish business and sell services in the greater Northern and Southern California areas. 5. To be a true one-stop operation by being able to accommodate all of a customer's printing needs from consulting and design assistance to printing, binding, and distribution. Our goal is to eliminate the need for our customers to source any printing outside of our scope. 6. To promote an awareness of green technology and eco-friendly product and publication and so as to support sales and income goals through aggressive marketing and telephone contact. This awareness will come from both marketing and word-of-mouth referrals.

1.2 Mission

COMPANY NAME is a printing solutions provider dedicated to offering a single source for all printing needs with a priority on earning and maintaining our customer's trust. COMPANY NAME will maintain a consistent and reasonable margin while providing customers with a fair price and exceptional service in the United States and abroad. The company will also maintain a friendly, fair, and creative work environment that respects new ideas and hard work. With the demise of the newspaper industry many advertisers are seeking ways to reach each consumer in the market place without major expenses of direct mail and postage costs.  COMPANY NAME has created a solution, the PRODUCT NAME.  [INSERT PRODUCT FUNCTION].  Customers are able to pick and choose market zone coverage by zip codes and receive a cost effective way to reach consumers in their desired demographic areas. COSTCO Business Value Book, COMPANY NAME and their advertising team has been chosen to produce the quarterly COSTCO BVB book for the Livermore / Pleasanton market.  Many other Costco’s are now considering COMPANY NAME to produce the very same advertising vehicle for their warehouse’s. Both of these vehicles allow our sales force to cross sell into all vehicles and build relationships for our design, print and collateral capabilities.

1.3 Keys to Success

The keys to the success of COMPANY NAME are:

  • Maintaining a reputable and untarnished reputation in the industry. 
  • Quality care of individual and business customers. 
  • Competitive pricing. 
  • Offering eco friendly alternatives to clientele.

COMPANY NAME is a 100% woman privately owned and operated S Corporation with well established relationships in the rapidly-growing Tri-Valley region of San Francisco's East Bay.  It was incorporated in 2004, but was conceived and begun in 1996.  COMPANY NAME was founded by INSERT NAME and fully operated by INSERT NAMES, who is established as Vice President of Sales and Acquisitions. Located in the rapidly-growing Tri-Valley region of San Francisco's East Bay, Dublin is located at the crossroads of I-580 and I-680. Dublin is 14.01 square miles in size and currently has an approximate population of 41,907 (and growing). Dublin has a mild climate and a positive attitude toward commercial, industrial and residential growth.  Touch Plate, Inc. already does well in the area and even nationwide and overseas due to the company's availability and presence availability online.

2.1 Company Ownership

COMPANY NAME is a privately-held California S-Corporation. INSERT NAME the company's founder, is the President and Operations Manager.  INSERT NAME is the Vice President of Sales and Acquisitions. INSERT NAME will be handling the marketing, sales and commercial print volume.   

2.2 Company History

COMPANY NAME was incorporated in February of 2004 by INSERT NAME.  The company has been 100% female owned and operated since the date of incorporation.  As the printing industry's time is waning, COMPANY NAME is already merging into the advertising and publishing industries with the company publication PRODUCT NAME, which focuses on an eco friendly yet modern way of lifestyle and business. Although 92% of the company's sales are Northern California based, COMPANY NAME does have a healthy amount of clientele in other parts of the country and abroad.

Table: Past Performance

 

2007

2008

2009

Sales

$1,063,976

$936,713

$594,077

Gross Margin

$1,063,976

$936,713

$594,077

Gross Margin %

100.00%

100.00%

100.00%

Operating Expenses

$1,036,136

$851,427

$591,948

 

 

 

 

Balance Sheet

 

 

 

 

2007

2008

2009

Current Assets

 

 

 

Cash

$8,912

$34,489

$835

Other Current Assets

$3,198

$3,198

$54,912

Total Current Assets

$12,110

$37,687

$55,747

 

 

 

 

Long-term Assets

 

 

 

Long-term Assets

$0

$0

$0

Accumulated Depreciation

$0

$0

$39,916

Total Long-term Assets

$0

$0

($39,916)

 

 

 

 

Total Assets

$12,110

$37,687

$15,831

 

 

 

 

Current Liabilities

 

 

 

Accounts Payable

$0

$0

($1,962)

Current Borrowing

($23,066)

($37,784)

$4,361

Other Current Liabilities (interest free)

$0

$0

$0

Total Current Liabilities

($23,066)

($37,784)

$2,399

 

 

 

 

Long-term Liabilities

$16,747

$66,247

$4,361

Total Liabilities

($6,319)

$28,463

$6,760

 

 

 

 

Paid-in Capital

$0

$0

$0

Retained Earnings

($161,344)

($201,388)

($294,588)

Earnings

$179,773

$210,612

$303,659

Total Capital

$18,429

$9,224

$9,071

 

 

 

 

Total Capital and Liabilities

$12,110

$37,687

$15,831

 

 

 

 

Other Inputs

 

 

 

Payment Days

0

0

0

3.0 Products

COMPANY NAME provides custom solutions for business printing needs. COMPANY NAME is a service for customers that are looking for a one-stop solution for all of their printing needs. The company provides them with an overall cost savings through strategy of job specific solution sales. COMPANY NAME solutions focus on the needs of the customer, the time frame for the project and the overall scope of work. With well established vendor partners, COMPANY NAME can accommodate any job size with solutions tailored to the specific need and can further reduce costs by aggregating and allocating among the various sources. Products and services include: SERVICES:

  • Consultation
  • Printing needs analysis and recommendations
  • Inventory management and storage
  • Graphic design
  • Corporate image
  • Copy writing
  • Pickup and delivery
  • Electronic communication and file management
  • Bindery, including cutting, folding, stitching, die cutting, foil stamping embossing
  • Identity packages
  • High-end collateral print
  • Grand format
  • Business forms including multi-part and carbonless
  • Door Hangers
  • Labels (wine and soft packaging)
  • Annual reports
  • Specialty and promotional items including silk screening, embroidery and advertising specialties

How to Be a Good Team Leader

Teams have been touted as a way to replace managers, evoke initiative, assist in leadership development and save the Queen. In reality, the synergy that's possible in teamwork usually turns out to be chaos. Here are 10 tips on making the most of your team.

1. Give the team (or have them create) a big enough vision or outcome.

If the goal isn't bigger than the personalities of the team members, the team's effectiveness will be mediocre, due to ego.

2. Train all team members in the standards of behavior of the team's communication, response and interaction.

These ground rules are designed to keep the team's communication clean and make team membership mean something. Bad attitudes, delayed responses, nattering, gossiping, whining or politicking are grounds forexplusion.

3. Have the team vote the Team Leader.

Leadership is still required in a team environment. Not a manager, but a Team Leader. A Team Leader should have the confidence of everyone and not the person with the power to hire and fire, unless the members are OK with that.

4. Install structures to support the team and keep it moving.

Daily or weekly reporting, public display of team goals/results,etc., helps everyone on the team get that they ARE on a team and that the team is accomplishing something.

5. Teams need a member/manager who manages the details and flow of idea sand information.

Have one team member be the person who makes sure that ideas are catalogued, agreements are kept, promises are made and that input from team members "goes" somewhere good and not into the ethers.

6. Include periodic meetings where the agenda is how the team can work better together -- and no other agenda for that meeting.

It's KEY that two things happen, otherwise these "effectiveness"meetings become too personal/venting/gripe sessions. First, make it aground rule that any unresolved/uncommunicated issues among/between team members must be completed resolved PRIOR to the next effectiveness meeting. This will help the meetings be positive and healthy progress/bragging sessions vs hurtful or finger-pointing slugfests. Second, have every team member make one suggestion for team effectiveness improvement prior to the meeting, so they can propose it during the meeting.

7. Know when a team approach is called and know when it's "not enough."

8. Continual, accurate and frequent acknowledgment

A big part of what makes the synergy of a team work is that individual team members are publicly acknowledged for what they've done to help the team and/or forward the outcome/goal. However, keep this praise accurate vs manipulative puffery.

9. Team meetings should be exciting moments of creating, not reporting.

Pose a great question or significant problem for the meeting,don't make it be a boring reporting session -- that's why God invented email and copy machines. If there's any reporting to do, keep it short shares about the wins and progress.

10. Teams work best when people enjoy each other's company.

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Business-in-a-Box's Printing Company Business Plan Template

Printing Company Business Plan Template

Document description.

This printing company business plan template has 33 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our printing company business plan template:

[INSERT IMAGE/LOGO] [YOUR COMPANY NAME] ADDRESS/CONTACT INFO

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How To Start A Print On Demand Business In 2024

Katherine Haan

Updated: Jun 5, 2024, 10:00am

How To Start A Print On Demand Business In 2024

Table of Contents

Understanding print-on-demand, identify your niche, pick and design your product, set up your store, market your business, manage your pod business, frequently asked questions (faqs).

Starting a print-on-demand (POD) business taps into the zeitgeist of entrepreneurship, combining creativity with technology to cater to niche markets. Imagine merging your original designs with an eager online audience, minus the hassle of inventory. This model allows artists and entrepreneurs to create custom products per order, cutting down on waste and reducing risk. With every click, your art transforms into merchandise, shipped directly to your customer’s doorstep. This isn’t just a business venture; it’s a digital atelier where your designs meet demand, effortlessly.

In a world where immediacy meets customization, the print-on-demand business model is reshaping how products are created and sold. This digital-centric approach aligns with the growing demand for personalized goods, served fresh to the consumer without the traditional wait.

Definition of POD

PPOD is an order fulfillment method where items are printed and produced as each sale is made. Unlike pre-made inventory, a POD item does not exist until a customer chooses it. At its core, it’s a just-in-time production model that focuses on personalization and eliminates the need for bulk production.

How POD Differs From Traditional Retail Models

Traditional retail is akin to casting a net. Produce in volume and hope for a catch. Conversely, POD operates more like a fishing line, crafting a single lure for each individual fish that shows interest. The traditional model demands significant upfront investment for inventory, a gamble on trends and a challenge of storage space. POD sidesteps these issues by creating products only after they’ve been ordered, reducing the financial burden on the seller and creating space for boundless creativity in the market.

Carving out a unique space in the print-on-demand market isn’t just beneficial. It’s essential for your brand’s identity and survival. By zeroing in on a niche, you tailor your business to serve a specific segment of the market, creating a direct path to consumers who seek out products that resonate personally with them.

Explore Market Gaps

Start by scouting for untapped areas within the market. Look for interests, hobbies or communities that are underserved. By filling these gaps, your products become the sought-after answer to a previously unmet need.

Analyze Consumer Trends

Stay ahead by keeping a pulse on current consumer behaviors and preferences. Use tools such as Google Trends to monitor what potential customers are searching for. Aligning your offerings with these interests can position you as a go-to source.

Leverage Social Listening

Engage in social listening by monitoring social platforms and forums related to your potential niche. Observing conversations can provide insights into what products might resonate and what gaps exist in the current market offerings.

Establish Expertise

Position yourself as an expert within your niche. Create content that educates and entertains, all while showcasing your products. This not only builds trust but also fosters a community around your brand.

The core of your print-on-demand business lies in the products you choose and the designs you apply. This stage is where your brand’s vision comes to life and where your market’s needs meet your creative expression.

Select Your Canvas

Consider the products that best serve as the vehicle for your designs. Whether it’s apparel, accessories or home decor, your ‘canvas’ should align with your brand ethos and appeal to your target niche. Quality is as important as the aesthetic appeal. Durable materials and comfortable fits go a long way in ensuring customer satisfaction and repeat business.

Craft Your Designs

Your designs are the heartbeat of your products. They must capture the essence of your niche and stand up to market trends. Employ a mix of timeless concepts and timely themes to keep your offerings fresh and relevant. Don’t go with too many variations at first.

Test Market Response

Before committing to a full product line, test your designs. Use digital mock-ups and advertise them on social media or your website to gauge interest. This can be an informative feedback loop, helping to refine your designs with real-world data.

Ensure Design Integrity

Quality in print translates to quality in perception. Ensure your designs are high-resolution and formatted to fit the specifications of your chosen products. Clear, crisp prints are essential for a professional look that builds credibility and satisfaction.

Set the Right Price

Your pricing strategy should reflect the quality of your products, the spending power of your niche and your overall business costs. It’s a delicate balance between being competitively priced and maintaining healthy profit margins.

Creating a digital storefront for your print-on-demand business marks a significant milestone. It’s where your products meet their audience and where customers engage with your brand story.

Choose Your POD Company

Select a print-on-demand partner as the cornerstone of your fulfillment process. Evaluate potential partners for their product quality, fulfillment timelines and overall reliability. The right partner will align with your brand, offer the products you plan to sell and meet your standards for quality. This choice extends your brand’s reach and reputation.

Design Your Online Presence

Your online store is the virtual face of your brand. Aim for a welcoming and easily navigable space where customers can find their desired products effortlessly. Key elements include a clean design, crisp product images and readily accessible product information.

Integrate E-commerce Features

Ensure your store supports a smooth shopping journey with reliable payment processing, intuitive shopping cart design and secure transaction protocols. Trust and efficiency are paramount in converting and retaining customers.

Optimize the User Experience (UX)

A store optimized for a superior UX is likely to retain visitors. This encompasses mobile-responsive designs, quick load times and streamlined checkout processes. Attention to detail in user experience can reduce bounce rates and boost conversions substantially.

Establish Clear Policies

Foster customer trust through transparency. Articulate your shipping, returns and customer service policies clearly and make them easy to find. Customers are more comfortable making purchases when they understand the terms.

Launch With Impact

Consider your store’s launch as an event to generate excitement and attract customers. A strategic launch might include special promotions, collaborations with influencers or targeted advertising campaigns to generate interest and direct traffic to your store.

When setting up your store, remember that you’re not just listing products—you’re constructing an experience. Every aspect of your store should reflect the dedication and quality behind your print-on-demand business.

Marketing your print-on-demand business is about connecting your products with the people who will love them most. It’s a dynamic process that involves strategy, adaptability and an understanding of where your audience spends their time.

Develop a Brand Identity

Your brand identity is the narrative thread that connects your products to your customers. Craft a story that encapsulates your mission, your aesthetic and the value you provide. This narrative should be consistent across all marketing materials and platforms to create a memorable brand presence.

Leverage Social Media

Social media platforms are pivotal for reaching out to your target audience. Use platforms favored by your demographic to showcase your products with engaging content. Regular posts, stories and interactions with followers build a community around your brand.

Engage With Content Marketing

Content marketing attracts and retains customers by creating and sharing valuable content. Blog posts, videos and infographics about topics related to your niche can drive traffic to your store, improve search engine rankings and position you as an authority in your field.

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Implement Email Marketing

Collecting emails allows for direct communication with your customers. Send newsletters, product updates and personalized offers to foster loyalty and encourage repeat purchases. The right email at the right time can turn a prospect into a customer and a customer into a brand ambassador.

Use Paid Advertising

Paid ads can amplify your reach quickly and effectively. Platforms, such as Google Ads or Facebook’s targeted advertising, can place your products in front of potential customers who have expressed interest in similar items.

Partner with Influencers

Collaborate with influencers who resonate with your niche. Their endorsement can introduce your brand to a broader yet still targeted audience. Choose influencers whose followers align with your ideal customer profile for a more effective partnership.

Launching a print-on-demand business is just the beginning. Managing your operations effectively is vital for longevity and success. Evaluating your strategy and adapting to customer feedback regularly can keep your products fresh and relevant.

Monitor Your Sales and Analytics

Track which products are your best sellers and understand your traffic sources. Tools, such as Google Analytics, can offer insights into customer behavior, helping you to refine your marketing efforts and inventory decisions.

Customer Service Excellence

Respond to customer inquiries promptly and resolve issues with a personal touch. Establishing a reputation for attentive customer service can lead to repeat purchases and word-of-mouth referrals.

Optimize Your Operations

Continuously assess your production workflow and order fulfillment processes. Identifying bottlenecks and implementing solutions can reduce costs and improve delivery times.

Inventory Management

While print-on-demand often eliminates the need for physical inventory, managing your design assets and their availability on different products is crucial. Ensure your designs are updated and properly formatted for the range of products you offer. As you scale, you’ll appreciate having an organized system in place before you need it.

Engage with Your Community

Build a relationship with your audience through social media and email campaigns. Share behind-the-scenes content, new product launches and customer testimonials to keep your audience engaged and invested in your brand.

Keep Your Designs Fresh

Regularly add new designs to your portfolio and retire ones that are less popular. Staying on top of trends and seasons keeps your product line exciting and relevant.

Financial Oversight

Keep a close watch on your finances. Regular reviews of your revenue, profit margins and expenses will inform business decisions and strategies for growth.

Analyze and Adapt

Use analytics tools to track the success of your marketing efforts. Monitor metrics, such as website traffic, conversion rates and social media engagement. Use this data to understand customer behavior and refine your marketing strategies.

Marketing your print-on-demand business requires thoughtful planning and execution. It’s a mix of brand storytelling, strategic online engagement and continuous adjustment based on data and customer feedback. Each marketing action should be an intentional step toward building a strong, vibrant brand that resonates with your audience and brings your products into the spotlight.

Bottom Line

A printon-demand business offers the flexibility to create and sell without the burdens of traditional retail models. Success hinges on your ability to understand your audience, offer desirable products and maintain a dynamic approach to business management. It’s a field where creativity meets commerce and attentive stewardship can lead to a rewarding venture. It’s about being agile in business strategies, anticipating trends and forging connections with customers. Those who navigate these waters well can look forward to the potential for growth and the satisfaction of customers wearing and sharing their brand with pride.

How much does it cost to start a print-on-demand business?

Starting a print-on-demand business typically requires a minimal upfront investment, mainly for website setup and design software. Many POD platforms allow you to create and list products for free, charging only when a product is sold.

Do I need to be a designer to run a POD business?

No, you don’t need to be a designer. You can use design tools with pre-made templates or hire freelance designers to create your product designs.

How do I handle returns or exchanges in a POD business?

Returns and exchange policies vary by provider but, generally, the POD company handles issues related to manufacturing errors while you’re responsible for customer service.

Is print-on-demand a profitable business?

Print-on-demand can be profitable if you manage to create unique designs, market effectively and keep overhead costs low. Profits depend on your niche, product quality and pricing strategy.

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DOWNLOAD PRINTING PRESS BUSINESS PLAN SAMPLE

Looking for a printing press business plan for your new or existing enterprise in Nigeria or anywhere globally?

Download this printing press business plan, which you can download to present to NIRSAL, BOI, BOA, and other investors.

BUSINESS PLAN SAMPLE FOR PRINTING PRESS

1.0. Company Summary:

InkWonder is a printing press company that provides quality printing and also affordable services to that will not burden its customer’s pockets. Situated in a strategic location around Ejigbo, Isolo LGA, Lagos Nigeria, the business will satisfy the print needs of companies and startups around the area and the location being close to the metropolis of the city; it makes it easily accessible for whoever seeks it services.

Services we offer;

  • Printing of writing materials
  • Printing publicity materials
  • Printing educational materials
  • Printing official documents

The business satisfies a public demand for the need of getting ink on paper for many purposes it could be creating awareness, branding, official purposes which include maybe invitation cards, handbills, posters, calendars, notepads, brochures, booklets, and catalogs just to mention a few among others.

Ensuring success in this business will require edge cutting and uniqueness in some areas like graphics design, quality printing machines,s and quality printing paper.

2.0. Goals and Objectives

The goal of this business aside from yielding profits is to make sure it is the go-to print shop for all businesses in the area and also providing fast and reliable services to its customer which will bolster trust and help in garnering more customers. The business hopes to win over its customers by promising to provide the best print services at an affordable price. The objectives set for the business to ensure its steady rise to it being a steady income earning business are;

  • Noticeable growth in sales at the end of every year
  • Generate customer satisfaction to ensure customers come back to us whenever they need print job done
  • To provide quality and exceptional services and products at reasonable prices

3.0. Material and Equipment

To get going in this business, here is a list of materials expected to be acquired;

  • Design Software
  • Printing Press Machine
  • Stationeries

4.0. Competitive Advantage

Our Competitive Advantage

As in other industries, there are others that offer the services we offer but in order to garner trust and rally consumers to our side we have taken into consideration a few points which we will work on so as to ensure uniqueness and make sure our services are sought amongst others;

  • Procure impeccable and crisp design
  • Seek the usage of quality materials to ensure the consistency of quality all through the production process
  • Fair and best prices
  • Swift delivery
  • Excellent customer service and handling

How To Download Printing Press Business Plan Sample

Above is a part of the printing press business plan template in Nigeria. If you want the complete printing press business plan sample with the full financial plan, calculations, and more, follow the procedures to download it. 

Pay the sum of N8000 (Eight thousand naira only)   to the account detail below: Bank: GTBank Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us) Ac/No: 0238933625 Type: Saving

Thereafter, send us your email address through text message to  +234 701 754 2853 .  The text must contain the title of  the business plan  you want and also your email address. Immediately after the confirmation of your payment, we will send the printing press business plan template in Nigeria to your email address where you can easily download it.

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COMMENTS

  1. Printing Business Plan PDF Example

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

  2. Printing Press Business Plan [Free Template

    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 ...

  3. Print Shop Business Plan Template [Updated 2024]

    Your operations plan should have two distinct sections as follows. Everyday short-term processes include all of the tasks involved in running your print shop business, including answering calls, planning and providing printed items or 3D printed items, billing customers and assisting with maintenance of equipment, etc.

  4. Printing Press Business Plan Example

    Printing Press Business Plan Example - Free download as PDF File (.pdf), Text File (.txt) or read online for free. The Printing Press Business Plan is a friendly companion for print entrepreneurs. It weaves market insights, service dreams, pricing strategies, and marketing adventures into a roadmap, not just navigating the printing landscape but crafting a human success story within its ...

  5. Executive Summary of a Printing Business: Template & Example

    Fully editable 30+ slides Powerpoint presentation business plan template. Printing Business Executive Summary: Page 1. In your executive summary's business overview, provide clear and concise information about your printing business. This includes the name of your company, the location of your facility, the technology you use, and a brief ...

  6. Print Shop Business Plan Template (2024)

    A print shop business plan is a plan to start and/or grow your print shop business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections. You can easily complete your Print Shop business plan using our Print Shop Business Plan Template here.

  7. Printing Business Plans

    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 ...

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  10. How to write a business plan for a printing shop?

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  12. Digital Print Shop Business Plan [Sample Template]

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  13. Larry B. Newman Printing Company: Business Plan 2007

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  14. Flex Printing Press Business Plan [Sample Template]

    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.

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    TG PRINTING PRESS BUSINESS PLAN 1. Executive Summary Tigist prenting press is a new print and press firm, formed as a sole an independent business which runs and owned by the university enterprise and development directorate. The prime objective of this business plan is to established well equipped and state-of-the- art printing facilities managed by experienced staff who have ample and ...

  16. PDF Printing Press Business Plan Business Plan Example

    400+ sample business plans will guide you through each section of your plan as a business mentor. 1. Executive Summary Printing Press Business Plan | Business Plan 2023 6/50 ... Printing Press Business Plan | Business Plan 2023 15/50. Impressions PrintHouse [Impressions PrintHouse], founded in [Year], carved a niche for themselves by focusing ...

  17. Free Photocopy and Printing Business Plan PDF Download

    A complete Photocopy and Printing business plan template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).

  18. Printing Company Business Plan Template

    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. Quickly create your Printing Company Business Plan Template - Download Word Template. Get 3,000+ templates to start, plan, organize, manage, finance and grow your business.

  19. How To Start A Print On Demand Business In 2024

    Starting a print-on-demand (POD) business taps into the zeitgeist of entrepreneurship, combining creativity with technology to cater to niche markets. Imagine merging your original designs with an ...

  20. DOWNLOAD PRINTING PRESS BUSINESS PLAN SAMPLE

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