To start this business you need to invest in a brand new
machine. Starting out with a used one would eat into your profit and cause
serious problems. Due to frequency of use the used machine would likely
breakdown in a relatively short time.
To increase profit a copy and print establishment can
offer different services. Single page photocopying is tough work and requires
several hours of work and periodical maintenance. It is possible to run a photocopy shop on
your own or hire a single staff.
How
to Start a Photocopy Business
- find startup funds
- write a simple business plan
- find a prime location
- purchase equipment
- register the business
- marketing
1. Funding
The amount you need depends on many factors such as
location and type of equipment. Try target savings or borrow from friends and
family. You could approach a micro finance bank or cooperative in your area.
- target savings
- borrow from friends and family
- approach a micro finance bank
- use a cooperative in your area
2. Register
the Business
The first step is to register the business as a sole
proprietorship. You need insurance and tax identification number. To prevent
liability issues register the business as a Limited Liability Company. Choose a simple business name
and place a signboard at the storefront of your establishment.
3. Find
an Ideal Location
You need to find an ideal location for the business. The
best locations should have heavy human and vehicular traffic. Make sure the
shop is visible and easily found by customers. Locate the establishment near
schools, administrative offices, government offices and companies.
4. Offer
Additional Services
We hate to break it to you but relying only on
photocopying would not put food on your table. You need to add services to
cover utility bills, transportation, rent and maintenance.
Services to consider are bookbinding, document lamination
and scanning. Others include typing services, logo designing and printing
services. More include fax services, selling recharge cards and document
cutting.
5. Marketing
The primary source of advertisement is your signboard.
Make it large and visible to pedestrians and motorists. Register the business in directories, yellow
pages and use classified websites. Build a website targeted to your local
community and use flyers to advertise to people around your vicinity.
1 comments:
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