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Printing business is one of the most high paying businesses in Nigeria. This is due to high demand for printing services, as churches, government, businesses, NGOs, individuals and schools need different kinds of printing for their respective activities.
However, starting a printing business is capital intensive. Most of the machines used for printing are costly. Nevertheless, you can start small by specializing on one or least niches and expand later on.
Available books on printing business
- Easy money oprinting courses
- Abstract painting printing
- Digital printing course
- Recharge card printing training with smartphone
Nigerian printing industry offers vast services like book cover design and printing, t-shirt printing, flex, banner, jotters, brochures, mug, complimentary cards, books, invitation cards and large format printing.
The industry is wide so, this is an opportunity to specialize on one or few niches depending on your capability and skills, then keep extending as time goes on.
The best way to tap from this industry as a low budget beginner is by becoming a graphic designer. Aftermore, you can proceed to work as a freelancer or get employed in a printing firm.
Interestingly, you will get expose to industry know-how, which in turn shall position you for success when you fully start your printing business.
ALSO RREAD; Event planning business guide in Nigeria
Types of printing machines and their uses
They are many types of machines and what they are used for, for instance, there
- laser printer
- Inkjet printer
- Sublimation printer
- 3D printer
- Offset printer
- Wireless printer
- Digital printer or DI
- All – in-one printer
- DTF printer
- Large format printer
- Screen printer
- UV printer
Read; uses of printing machines
Starting printing business
Starting printing business entails the same procedure as starting other small businesses depend on the type of organization you chose.
The most important aspect of it is to understand printing business, know the right and good machines as well as materials because, it could be disastrous if you purchase wrong materials or machines.
1. Get trained
Printing business is not a business you could start without a prior knowledge, the equipment and materials used in this industry are very expensive. Of course, you wouldn’t like your business to die off within short period of operation as a result of your inexperienced.
Know the best machines, materials and how to use them, also have deep knowledge of printing and designing softwares, different kind of formats, you need to have eye for catchy designs, this would unaguably set you up for success.
It’s advisable you start as a freelance graphic designer or work in a printing firm. This is the best measure to get yourself aquented with sufficient knowledge. Thereafter, you can launch your full printing firm.
2. Conduct a feasibility study
The feasibility study will give you insights whether the business is viable. Embark on a thorough research whether their is profit potential, if you have enough resources as well as entrepreneurship skills to do the business
3. Register your business
Now you may proceed to Corporate affairs commission to register register your business. It’s mandatory in Nigeria for business name registration
4. Choose a good location
For your printing business to thrive, you have to choose a busy location for your business.
Business like this sell better where people walk around.
5. Equip your office with required tools, machines and materials.
6. Start with a well prepared business plan
Don’t mistake feasibility study and business plan, Feasibility study is to give you insights of a business if it’s viable, while
Business plan is to guide you through daily operation of your business.
Prepare aa detail business plan or contact expert to arrange one for you.
Conclusion
Printing business is a very profitable business in Nigeria. NGOs, businesses, government and private individuals need services for their respective activities.
That makes printing business to become highly demanding. However, to start this business is capital intensive.
Most of the equipment use for printing services are costly expecially printers but you could start by becoming a freelance graphic designer if you are not financially capable of opening a printing shop.
Through that, you can even get sufficient experience to succeed when you open your own printing shop.
