How to start printing business in Africa
Printing business is a highly lucrative business that
requires some level of expertise and great managerial
skills for success i Africa.
If you wish to tap into this source of revenue streams,
you have to be well informed as to the basic costs and
requirements for setting up a printing business in
Africa; while costs could vary depending on variable
factors; this post should be able to cover the basic
costs and requirements to start up a printing business
in Africa.
This article is divided into sections, one covering
projected location for the business; the other,
for the basic requirements for setting up this business
in Africa.
Projected Location
Now, depending on whether you want to start up a
small scale or large scale printing company in Africa, finding the country to start printing business will determine the cost of your project startup there are
some basic costs you will incur such as
Location / Rent
Equipment set up
Overhead bills and
Salari
All of these will add up to your start up capital.
Location / Rent
On average, the cost of getting a shop space in most
Africa countries should be around $50. In some regions, shop rent goes for between $50 to $100 per month around the capital cities or business areas.
If you’re starting up a printing shop in the Nigeria or South Africa for
instance, you should prepared to spend an average of $30 to $40 depending on the particular location.
Equipment
Setting up
A 201 machine for A4, A3, A2, printing machine costs between $2000 – $3000. This machine can be used
for colour jobs.
A cord that will be used for cutting should go for
between N$2 – $5000. The cord can do jobs on
all sizes of paper
Modern printing machine is known as DI, and it
can print from A6 to large banners. why Direct Print (DI) is an
expensive machine and costs nothing less than $25,000. It’s better to stick with the Cord if
you’re on a tight budget, or get a fairly used DI machine within the Africa rating $2,000 However, the DI has so
many advantages over the cord.
Overhead bills
Overhead expenses such as;
Electric bills
Printing materials, including paper, ink etc
Ice utilities etc
All these are generally variable depending on the
location of your business and should be factored into your financial projections.
Salaries
While planning for this business, you have to factor in
the costs of hiring good graphic artists and other
machine operators. Again the costs you will incur are
variable depending on individual and location.
Business requirements
Catch – in on promotional strategies
Right now as an intending startup; you will have to
leverage on great promotional skills and strategies to
help kick-start your business.
The main reason for this being that, as it is; no one
really knows you too well for what you do and your
intending startup. So you have to be ready to actively
promote your business even before you socially
launch it, by the use of social media, event, radio and television station, and fliers with the country of your business
Here are quick and real easy promotional tips:
Create a social website for your business
Place paid ads on other sites
Maximize social media platforms like
Facebook,
Twitter, Instagram, LinkedIn among others.
Create an email listing.
Get your company listed in an online business
listing
Have a good business plan
Every endeavor or business venture that ends up
strong and successful usually and most certainly
involved a lot of planning. As a matter of fact, the
planning stage is the most crucial as far as launching a
portable startup is concerned.
Put up a well written business plan which you will
implement during the span of your business.
You can reach out to +2347036365446 or send a direct
mail to alldailyideas@gmail.com
We will help you prepare a winning and detailed
business plan along with a comprehensive financial
analysis.
Getting materials and equipment
The printing machine is probably the most important
equipment required to start up.
Others are:
Computer system
Oce materials
Electric power generator set( although some
printing machines come with a power generator
Graphic design software
Cutting equipment
Accounting software
Get the perfect location
Location is everything. A printing business should be
located in a region with high commercial activities. You
need to make sure also, that your shop is easily
accessible.
Look for a place that is within your budget, that is
easily accessible so that your customers can reach you ease. You don’t want anything to deter you from
getting clients. And getting a good location is a big
part of the business.
Another suggestion is locating your business in a
campus area, that way you can target
students, lecturers, business entities and individuals,
researchers around the region.
Get a good graphic person
The graphic artists are professionals who are skilled at
designing and creating graphical work. Now, not every
graphic artist is exceptionally skilled at the job, so you
have to look out for a very creative graphic designer
before hiring one.
Your graphic designers will be the ones to help you
with colour separation during the printing process.
Once the designer is done with the job, it is then
transferred and stored in a hard-disk drive, which will then
be taken to the separating system for further editing.
This business can be quite capital intensive, especially
if you’re starting slightly above what we might consider
as being ‘small scale’ , and yet the earning potential of
this business is phenomenal.
Once on it, you’re guaranteed to earn six to seven
sure income on single jobs/contracts! And there’ll
always be market for this business as the demand
grows everyday.