Home Business With the Potential to Grow and No Ongoing Fees to Pay
What better way to drop out of the conventional rat race and stop that daily commute battle, getting stuck in traffic or commuting up to four hours a day on crowded trains or tubes just to get to your office, and then having to do it all again to get home.
I started my own home based printing business, I located trade printers who are more than willing to give me quality printing at a reduced rate as all my work has no 'cost of sale' attached.
Once I had secured one or two trade suppliers, I build my web site and slowly the orders started to come in.
Eventually I increase my product offering I now can provide Signs Trophy's, Banner Stands all at completive prices.
One of the main advantages I found with my home based printing business is; it kept my overheads low.
For example, if you employ staff then rent, lease a shop or an office, if business becomes slow at certain times of the year you still have the fixed overhead to pay.
This is where many businesses fail.
Two-thirds of new employer establishments survive at least two years, and 44 percent survive at least four years.
Commercial printing is a repeat business that every business needs and it could tick all your boxes.
Without any franchise fees or ongoing license fees.
You can provide much needed printing services to your local business community.
It's a very easy business to start at home.
Once you have established a regular client base you have the choice to move to a high street shop or office.
You can add this business on to an existing business if you deal with B2B now.
Alternatively, you may be happy working from home and keeping overheads to a minimum and maximizing your profits.
Remember, no capital equipment no heavy lease or HP payments to cope with.
No printing skills needed.
There's no need for highly skilled staff, in fact, you might be really happy just working for yourself and by yourself without the hassle of employing people.
All you need is a PC and Internet connection.
You could have your own e-commerce printing service website just like me.
You promote your business in your local area.
All orders are processed and delivered to your customer's door by your trade suppliers.
You receive payment direct from your customers.
All orders are paid for online direct to you.
So you are in a positive cash flow situation from the first order.
All services & products you provide are marked up by a good profit margin that you decide.
Example, your retail price for 500 business cards printed full colour two sides on quality stock will retail at £29.
00 Prove to yourself how competitive your price could be.
Ask 3 or 4 printers in your local area for a quote.
The specification is: Full colour- CMYK Double sided 400gsm silk art board Including Finished trimmed size:55mm x 85mm Delivery charge if any.
You will then see how competitive your prices could be.
All production is done for you at keen trade prices and using the latest digital printing methods.
Once you start your home business, you need to start to build relationships with the local business people in your area.
You could start a huge press campaign that will cost the earth.
Our experience shows that they just do not work.
You could employ a sales person but again it's very expensive and really good sales people are firstly, hard to find and secondly expensive.
I have developed methods that are free to implement.
The first is to encourage local business to join our Business to Business (B2B) networking group.
Unlike other networking groups this is FREE and you can start your own local group free and use a web site to organise members and meet new business people.
After a while, you will build relationships with the members, and they will buy from you and recommend business to you.
One of the main stumbling blocks I came across was I, I supposed it would never work but now people buy print from me and as long as they get a good price and quality print they don't seem to mind that I buy it in for them.
I suppose it's just like having a print manager on their team.
If you any question feel free to ask.