Market Opportunities
There are more and more businesses wanting to advertise themselves on a bigger scale, whether it be using billboards or letterbox drop or giveaways in their shop so a printing business franchise is a good way to get a piece of this growing trend.
Looking at opportunities is a good place to start. There are different modes of advertising and after all, that is what this printing industry is all about. We will come back to smaller scale individual gift ideas.
Investing in a printer outlet or sign opportunities has the potential to earn quite a lucrative income after costs. Printing sign or a signs opportunity specifically for the real estate market has a huge customer base and multiple orders.
Every street has at least one or two houses for sale or rent so sign opportunities are plentiful. Of course they are sold by territory to there will not be two sign versions competing for the same estate agency business.
The British Printing Industries Federation stated that in 2015 the UK generated 13.5billion turnover and makes us the fifth largest producer of printed products.
Obviously then there is a huge demand for printed products and a printing business franchise can accommodate all these needs in the local area. A printing business can offer such services as special signs for marketing and promotions, community events, personalised gifts for customers or individuals and much more.
For less than £10,000 a person could invest in one relating to door to door letterbox delivery. A signs option could cost up to £40,000 minimum investment and then further costs for equipment and such like.
With these, as with any franchise business it is the well-known name and brand that costs the money as these businesses already have a successful model tried and tested and ready to be replicated around the country in any available areas where the it has not already been sold.
Cary out research
Search through the printing franchises for sale and find the one that fits what you are looking for and achieves the level of income that you are hoping to achieve. Often the franchisor will have details on return on investment (ROI) and have other franchisees available to talk to and ask any questions.
It can be taken on board by someone with a background knowledge and experience in the industry or equally by a business person who has a management or administrative background and can get out there and sell themselves as much as the signs or printer franchise itself.
If you are looking at them in your local area then create a short list, prepare your business plan and line up some interviews with potential companies.
Most banks will lend to a potential business owner over an independent start-up business as statistics show that they have a far higher success rate. Why not complete your details above and use the free service from Approved Franchises to kick start your search.
Here you will find a comparison of UK companies and you will receive expert advice and help to find the business that best achieve what you are looking for.