Print Shop Business Plan Template
Written by Dave Lavinsky
Print Shop Business Plan
Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their print shop companies.
If you’re unfamiliar with creating a print shop business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.
In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a print shop business plan step-by-step so you can create your plan today.
Download our Ultimate Business Plan Template here >
What is a Print Shop Business Plan?
A business plan provides a snapshot of your print shop business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.
Why You Need a Business Plan for a Print Shop
If you’re looking to start a print shop business or grow your existing print shop company, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your print shop business to improve your chances of success. Your print shop business plan is a living document that should be updated annually as your company grows and changes.
Sources of Funding for Print Shop Businesses
With regards to funding, the main sources of funding for a print shop business are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for print shop companies.
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How to Write a Business Plan for a Print Shop Business
If you want to start a print shop business or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your print shop business plan.
Executive Summary
Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.
The goal of your executive summary is to quickly engage the reader. Explain to them the kind of print shop business you are running and the status. For example, are you a startup, do you have a print shop business that you would like to grow, or are you operating a chain of print shop businesses?
Next, provide an overview of each of the subsequent sections of your plan.
- Give a brief overview of the print shop industry.
- Discuss the type of print shop business you are operating.
- Detail your direct competitors. Give an overview of your target customers.
- Provide a snapshot of your marketing strategy. Identify the key members of your team.
- Offer an overview of your financial plan.
Company Overview
In your company overview, you will detail the type of print shop business you are operating.
For example, you might specialize in one of the following types of print shop businesses:
- Digital printing : This type of printing is one of the most cost-effective and fast printing processes available today. Electronic files and digital images replace the need for paper, press set-up and ink, which helps reduce the carbon footprint on the earth.
- Offset lithography printing: Used for magazines, circulars, brochures and books, this type of print shop specializes in larger volumes and includes traditional methods of binding.
- Screen printing: Any material that is not flat is a candidate for screen printing: shirts, hats, fabric bags, etc. Screen printing forces ink through a screening process that is replicated onto fabric or other materials used.
- 3D printing: This type of printing is performed through design, initiated by a computer program, followed by the print process in a 3D printer. The 3D printer is calibrated and outfitted with special plastics to fulfill the specifications of the 3D computer program.
In addition to explaining the type of print shop business you will operate, the company overview needs to provide background on the business.
Include answers to questions such as:
- When and why did you start the business?
- What milestones have you achieved to date? Milestones could include the number of printing projects completed, the amount of revenue earned, or reaching X number of clients served, etc.
- Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.
Industry Analysis
In your industry or market analysis, you need to provide an overview of the print shop industry.
While this may seem unnecessary, it serves multiple purposes.
First, researching the print shop industry educates you. It helps you understand the market in which you are operating.
Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.
The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.
The following questions should be answered in the industry analysis section of your print shop business plan:
- How big is the print shop industry (in dollars)?
- Is the market declining or increasing?
- Who are the key competitors in the market?
- Who are the key suppliers in the market?
- What trends are affecting the industry?
- What is the industry’s growth forecast over the next 5 – 10 years?
- What is the relevant market size? That is, how big is the potential target market for your print shop business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.
Customer Analysis
The customer analysis section of your print shop business plan must detail the customers you serve and/or expect to serve.
The following are examples of customer segments: individuals, schools, charitable organizations, corporations, and innovators.
As you can imagine, the customer segment(s) you choose will have a great impact on the type of print shop business you operate. Clearly, individuals would respond to different marketing promotions than corporations, for example.
Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.
Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.
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Competitive Analysis
Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.
Direct competitors are other print shop businesses.
Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. Stores that house copy machines or overseas service companies may be examples of indirect competitors. You will want to mention any direct competition, as well.
For each direct competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as
- What types of customers do they serve?
- What type of print shop business are they?
- What is their pricing (premium, low, etc.)?
- What are they good at?
- What are their weaknesses?
With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.
The final part of your competitive analysis section is to document your areas of competitive advantage. For example:
- Will you provide bundled services including printing and binding?
- Will you offer large 3D printing projects that your competition doesn’t?
- Will you provide better customer service?
- Will you offer better pricing?
Think about ways you will outperform your competition and document them in this section of your plan.
Marketing Plan
Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a print shop business plan, your marketing strategy should include the following:
Product : In the product section, you should reiterate the type of print shop company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide cover design, book layout and digital printing to create a niche service for authors?
Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the products and/or services you offer and their prices.
Place : Place refers to the site of your print shop company. Document where your company is situated and mention how the site will impact your success. For example, is your print shop business located in a busy retail district, a business district, a standalone office, or purely online? Discuss how your site might be the ideal location for your customers.
Promotions : The final part of your print shop marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:
- Advertise in local papers, radio stations and/or magazines
- Reach out to websites
- Distribute flyers
- Engage in email marketing
- Advertise on social media platforms
- Improve the SEO (search engine optimization) on your website for targeted keywords
Operations Plan
While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.
Everyday short-term processes include all of the tasks involved in running your print shop business, including answering calls, planning and providing printed items or 3D printed items, billing customers and assisting with maintenance of equipment, etc.
Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to book your Xth print project , or when you hope to reach $X in revenue. It could also be when you expect to expand your print shop business to a new city.
Management Team
To demonstrate your print shop business’ potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.
Ideally, you and/or your team members have direct experience in managing print shop businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.
If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing a print shop business or successfully running a small co-op of screen printers.
Financial Plan
Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.
Income Statement
An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.
In developing your income statement, you need to devise assumptions. For example, will you see 5 new customers per day, and/or offer discounted packaged pricing? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.
Balance Sheets
Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your print shop business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.
Cash Flow Statement
Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.
When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a print shop business:
- Cost of equipment and office supplies
- Payroll or salaries paid to staff
- Business insurance
- Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment
Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your office location lease or a list of corporations on a monthly printing contract.
Writing a business plan for your print shop business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the print shop industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful print shop business.
Don’t you wish there was a faster, easier way to finish your Print Shop business plan?
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Other Helpful Business Plan Articles & Templates
Printing Business Plan Template & PDF Example
- September 4, 2024
Creating a comprehensive business plan is crucial for launching and running a successful printing business. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your printing business’s identity, navigate the competitive market, and secure funding for growth.
This article not only breaks down the critical components of a printing business plan, but also provides an example of a business plan to help you craft your own.
Whether you’re an experienced entrepreneur or new to the service industry, this guide, complete with a business plan example, lays the groundwork for turning your printing business concept into reality. Let’s dive in!
Our printing business plan is meticulously developed to incorporate all vital elements essential for a comprehensive and strategic blueprint. It outlines the company’s operational workflows, marketing tactics, industry landscape, competitive analysis , management hierarchy, and financial outlook.
- Executive Summary : Offers a concise overview of the printing business concept, highlighting the market analysis , management expertise, and financial strategy.
- Facility & Operations : Discusses the location, size, and layout of the printing facility, including the types of printing equipment and technology used to provide services.
- Services & Prices : Details the range of printing services offered, such as digital, offset, and large format printing, along with pricing strategies.
- Key Stats: Offers statistics on the size and growth of the commercial printing industry, underscoring the ongoing demand for printing services.
- Key Trends: Highlights significant trends in the printing industry, including technological advancements, sustainability practices, and shifts towards digital printing.
- Key Competitors: Evaluates major competitors in the market, detailing their services and how the printing company differentiates itself from these competitors.
- SWOT Analysis : Conducts a comprehensive analysis of strengths, weaknesses, opportunities, and threats, offering strategic insights for the company’s growth.
- Marketing Plan : Specifies the marketing strategies designed to promote the printing services and establish long-term relationships with clients.
- Timeline : Sets key milestones for the printing company, outlining the path from startup to expansion and operational excellence.
- Management: Introduces the management team, highlighting their experience, roles, and contributions to driving the company towards its goals.
- Financial Plan : Forecasts the 5-year financial performance of the printing company, detailing expected revenue streams, profitability, and the financial strategy to ensure sustainability and growth.
Printing Company Business Plan Template (Download)
Fully editable 30+ slides Powerpoint presentation business plan template.
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Executive Summary
The Executive Summary introduces your printing business’s plan, providing a succinct overview of your company and its offerings. It should outline your market positioning, the variety of printing services you provide, including digital printing, large format printing, and specialized printing solutions, as well as its location, size, and a snapshot of daily operations.
This section should also delve into how your printing business will fit into the local market, including the number of direct competitors in the area, identifying who they are, along with your business’s unique selling points that set it apart from these competitors.
Moreover, information about the management and co-founding team should be included, detailing their roles and contributions to the business’s success. Additionally, a summary of your financial projections, including revenue and profits over the next five years, should be presented.
Printing Business Plan Executive Summary Example
Business Overview
In your executive summary’s business overview , provide clear and concise information about your printing business. This includes the name of your company, the location of your facility, the technology you use, and a brief overview of your operations.
Detailing these aspects not only introduces your business but also sets the stage for showcasing its unique attributes. Your Unique Selling Proposition ( USP ) should be highlighted here, whether it’s your cutting-edge printing technology, wide range of services, or commitment to sustainability. Your USP is what captures the attention of your audience and showcases the unique value your business brings to the commercial printing industry.
Example: “Print Innovations Ltd.,” located in the heart of Silicon Valley, operates a 10,000 sq. ft. state-of-the-art printing facility equipped with advanced digital and offset printers and finishing equipment. Our USP lies in our ability to provide rapid, high-quality printing solutions, from small customized orders to large-scale commercial projects, all while adhering to eco-friendly practices.
Market Overview
The market overview should provide a snapshot of the commercial printing industry’s size, growth trends, and key dynamics. Using data such as market value and growth rates can help paint a picture of the industry landscape. Discussing trends like the shift towards digital printing and sustainable practices can offer insights into the industry’s future and your company’s role within it.
The competitive landscape is also critical. This part should identify your main competitors and explain how your service distinguishes itself, whether through innovative solutions, superior quality, customer service, or environmental initiatives.
Example: Print Innovations is part of the $162 billion U.S. commercial printing industry, expected to grow at a 2.8% CAGR through 2030. Despite stiff competition, our company sets itself apart with its emphasis on digital innovation and sustainability, offering environmentally friendly printing options that appeal to a growing segment of eco-conscious customers.
Management Team
The expertise and background of your management team are significant assets to your business. Highlight the key qualifications and experiences of your team members, emphasizing the industry knowledge and leadership driving your business.
Example: Led by co-founders Alex Johnson and Taylor Smith, Print Innovations benefits from a blend of entrepreneurial spirit and industry expertise. Alex, with over 15 years in digital printing technology, and Taylor, an expert in sustainable business practices, combine their strengths to position Print Innovations as a leader in innovative and eco-friendly printing solutions.
Financial Plan
Your financial plan should succinctly summarize your financial objectives and projections, including revenue targets and profit margins, to provide a clear picture of your printing business’s financial future.
Example: Print Innovations aims to achieve $2 million in annual revenue by 2028, targeting a 16% EBITDA margin. Our financial strategy focuses on expanding our service offerings and leveraging the latest printing technologies to increase efficiency and reduce costs, positioning us for sustained growth and profitability in the competitive printing industry.
For a printing business, the Business Overview section can be efficiently divided into 2 main parts:
Facility & Operations
Briefly describe the physical setup of your printing facility, emphasizing its design, efficiency, and the technology-driven environment that ensures high-quality printing services. Mention the business’s location, highlighting its accessibility and the convenience it offers to clients, such as proximity to business districts or ease of delivery and pickup services. Explain why this location is advantageous in attracting your target clientele, including businesses, professionals, and retail customers.
Services & Pricing
Detail the range of printing services offered, from standard document printing to specialized services like large format printing, custom merchandise printing, and high-quality digital printing solutions. Outline your pricing strategy , ensuring it reflects the quality of printing services provided and matches the market you’re targeting. Highlight any bulk order discounts, business account deals, or loyalty programs that provide added value to your clients, encouraging repeat business and customer loyalty.
Industry size & growth
In the Market Overview of your printing business plan, start by examining the size of the printing industry and its growth potential. This analysis is crucial for understanding the market’s scope and identifying expansion opportunities.
Key market trends
Proceed to discuss recent market trends , such as the increasing demand for customized printing solutions, the growth in digital and 3D printing technologies, and the shift towards sustainable and eco-friendly printing practices. For example, highlight the demand for services that cater to specific customization needs, such as personalized marketing materials, custom packaging, and on-demand printing, alongside the rising popularity of green printing solutions.
Competitive Landscape
A competitive analysis is not just a tool for gauging the position of your printing business in the market and its key competitors; it’s also a fundamental component of your business plan.
This analysis helps in identifying your printing business’s unique selling points, essential for differentiating your business in a competitive market.
In addition, the competitive analysis is integral in laying a solid foundation for your business plan. By examining various operational aspects of your competitors, you gain valuable information that ensures your business plan is robust, informed, and tailored to succeed in the current market environment.
Identifying Your Competitors in the Printing Industry
The initial step in conducting a competitive analysis is to pinpoint your competitors. Start by mapping out local print shops and digital printing services. If your business specializes in high-quality, custom print jobs, your direct competitors are other print shops that offer similar services, as well as larger online printing companies. Don’t forget about indirect competitors like office supply stores that offer basic printing services.
Utilize online resources such as Google Maps to understand the geographical distribution of your competitors. Websites like Yelp and TripAdvisor can provide customer reviews and ratings, offering insights into the strengths and weaknesses of these competitors. For instance, if multiple reviews highlight the quick turnaround and high-quality prints at “PrintPro Services,” this indicates a significant strength of that competitor.
Analyzing Competitors’ Strategies in the Printing Business
Evaluating your competitors’ strategies involves looking at various factors:
- Product Offerings: Analyze the range of printing services offered. If “EcoPrint Solutions” is becoming popular for its sustainable printing options, it suggests a market trend toward environmentally friendly printing services.
- Printing Technology: Consider the technology and methods used. A company like “Precision Prints” that employs state-of-the-art digital printing technology may cater to a different clientele than a shop like “Retro Print Studio,” known for traditional screen printing techniques.
- Pricing Strategy : Compare your pricing with that of competitors. Are your services priced competitively with “Budget Print Hub,” or do they align more with the high-end services of “Luxury Print Works”?
- Marketing Strategies : Observe how competitors market their services. Do they have a significant online presence, or do they focus more on B2B relationships and networking within specific industries?
- Customer Service: Evaluate the level of customer service provided. For example, “Friendly Printers” might be renowned for its exceptional customer support and personalized service, which enhances the overall customer experience.
- Operational Efficiency: Look at whether competitors are leveraging technology or innovative processes to improve their service delivery, such as “Streamline Prints” with its efficient online ordering and tracking system.
What’s Your Printing Business’s Value Proposition?
Reflect on what makes your printing business unique. Perhaps you offer unparalleled quality and precision in large-format printing, or maybe you provide a wide range of customizable printing options that aren’t available from other local providers.
Identify gaps in the market through customer feedback and industry trends. For instance, the increasing demand for eco-friendly and sustainable printing options might represent an opportunity if your competitors have yet to address this need adequately.
Consider your business location: A printing business in a commercial district may focus on corporate and B2B services, while one in a university area could cater to academic printing needs, offering specialized services such as thesis and project printing.
First, conduct a SWOT analysis for the printing business, highlighting Strengths (such as advanced printing technology and a broad range of printing services), Weaknesses (including reliance on equipment that may require costly maintenance or the challenge of adapting to rapidly changing technology), Opportunities (for example, the growing demand for personalized and on-demand printing services), and Threats (such as digital media alternatives reducing the need for traditional printing).
Marketing Plan
Next, develop a marketing strategy that outlines how to attract and retain customers through targeted advertising, promotional offers, an engaging online presence, and partnerships with local businesses. Emphasize the importance of showcasing your unique capabilities, such as high-quality printing, fast turnaround times, or eco-friendly printing options, to differentiate your business from competitors.
Marketing Channels
Effectively utilizing various marketing channels is key to reaching potential clients and enhancing brand visibility:
Digital Marketing
- Website Optimization: Create a user-friendly website that not only showcases your services but also offers resources, such as downloadable print templates, industry insights, and FAQs. Optimize it for SEO to improve online visibility.
- Content Marketing Strategies: Produce informative and engaging content, such as blog posts, infographics, or video tutorials, addressing common printing queries, emerging trends, and case studies showcasing successful projects.
Social Media Engagement
- Platform Selection: Identify the most suitable social media platforms for your business. LinkedIn is effective for B2B outreach, while Instagram and Pinterest can showcase visually appealing print designs and creative concepts.
- Engagement and Interaction: Regularly engage with your audience by responding to comments, sharing user-generated content, and hosting interactive sessions like live Q&A sessions or design challenges.
Local Networking and Advertising
- Networking Events and Partnerships: Participate in local business networking events, industry conferences, and trade shows to establish connections, build partnerships, and generate leads.
- Local Advertising Strategies: Consider investing in targeted local print ads in newspapers, and magazines, or sponsoring community events or local sports teams to boost brand visibility within your immediate vicinity.
Promotional Activities
Attracting and engaging clients through compelling offers and initiatives:
Introductory Offers
- Discounts and Bundled Deals: Offer first-time client discounts or package deals for bulk orders to entice new clients to experience your services at a reduced cost.
- Seasonal Promotions: Launch seasonal promotions like “Back-to-School Printing Specials” or “Holiday Greeting Card Packages” tailored to current market needs and trends.
Referral Programs
- Incentivizing Referrals: Encourage satisfied clients to refer others by providing them with discounts, free add-ons, or credits on their next order for successful referrals.
- Client Testimonials and Case Studies: Highlight satisfied client testimonials and case studies showcasing successful projects on your website and marketing materials to build credibility and trust.
Sales Channels
Optimizing sales channels to maximize revenue streams and customer satisfaction:
Online Ordering System
- Seamless User Experience: Ensure a seamless online ordering system on your website, allowing clients to easily request quotes, upload files, track orders, and make payments securely.
- E-commerce Integration: Integrate an e-commerce platform into your website to sell printing-related products like custom stationery, promotional items, or design templates directly to clients.
Client Engagement Strategies
- Upselling and Consultative Selling: Train your sales team to upsell by suggesting additional services, premium finishes, or design consultations tailored to each client’s specific needs and project requirements.
- Exceptional Customer Support: Provide personalized and prompt customer service, guiding clients through the printing process, offering expert advice, and ensuring satisfaction with every interaction.
Membership and Loyalty Programs
- Tailored Membership Plans: Introduce membership options offering discounts on recurring orders, bulk printing, or exclusive access to new services or products.
- Rewarding Loyalty: Develop a robust loyalty program where clients earn points for every purchase, which they can redeem for discounts or exclusive offers on future orders.
Strategy Timeline
Finally, create a detailed timeline that outlines critical milestones for the printing business’s launch, marketing initiatives, customer base growth, and expansion goals. This should include key phases such as establishing your facility, launching your website and online ordering system, initial customer acquisition efforts, and the evaluation of potential new services or technologies to keep your business at the forefront of the printing industry, ensuring the business progresses with clear direction and purpose.
The Management section focuses on the printing business’s management and their direct roles in daily operations and strategic direction. This part is crucial for understanding who is responsible for making key decisions and driving the printing business toward its financial and operational goals.
For your printing business plan, list the core team members, their specific responsibilities, and how their expertise supports the business.
The Financial Plan section is a comprehensive analysis of your financial projections for revenue, expenses, and profitability. It lays out your printing business’s approach to securing funding, managing cash flow, and achieving breakeven.
This section typically includes detailed forecasts for the first 5 years of operation, highlighting expected revenue, operating costs and capital expenditures.
For your printing business plan, provide a snapshot of your financial statement (profit and loss, balance sheet, cash flow statement), as well as your key assumptions (e.g. number of customers and prices, expenses, etc.).
Make sure to cover here _ Profit and Loss _ Cash Flow Statement _ Balance Sheet _ Use of Funds
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Privacy Overview
Print Shop Business Plan Template
Written by Dave Lavinsky
Print Shop Business Plan
You’ve come to the right place to create your Print Shop business plan.
We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their print shops.
Below is a template to help you create each section of your Print Shop business plan.
Executive Summary
Business overview.
Quick Process Print Shop is a startup printing company located in Cypress, Texas. The company is founded by Taylor Owen, a senior print manager who has been in business for over twenty years while working for a nationally-known chain of print shops. Taylor has garnered a high degree of respect and a large following of those who count on his printing abilities for every project they have. As a result, Taylor is confident he will be able to take his depth of experience and wide customer base with him as he opens his own print shop. The emphasis will be on commercial and individual clients seeking printing for any number of projects, including printing and binding of diverse materials.
Quick Process Print Shop will follow its name by offering unparalleled turnaround times for printing projects that competitors do not offer, in addition to offering numerous binding options, folder or book covers, paper stock assortments, and other customized ways to bring each customer’s vision to reality. The products and services will align to create the Quick Process Print Shop; the premier printing facility in Cypress, Texas.
Product Offering
The following are the services and products that Quick Process Print Shop will provide:
- One to four-color printing using CMYK color process
- Printing stock paper or custom, cut-to-size paper
- One-hour turnaround time on select printing projects
- Staple-bound or comb binding in wide variety of colors
- Print and bind corporate folders, presentation binders, brochures
- Custom designs, including holographic and 3D layout
- Printing wedding, birthday, anniversary invitations
- Printing personal/corporate letterhead, business cards
Customer Focus
The target audience for Quick Process Print Shop will be individuals and corporations, along with community, civic and government entities within the greater Cypress and Houston regions. The individuals with personal or business projects will be primary targets, as will administrative managers of corporations, and civic and government entities within the area. Also targeted will be non-profit organizations that will need printed materials on an ongoing basis. Whether the client is an individual or corporate account, Quick Process Print Shop will dedicate the experienced full staff of the company to execute excellent results for each client.
Management Team
Quick Process Print Shop will be owned and operated by Taylor Owen. He recruited his former print coordinator, Derek Manahan, to be the Office Manager. His responsibilities will include overseeing employees and day-to-day operations of the print shop.
Taylor Owen is a graduate of the University of Texas, where he graduated with a Bachelor of Arts degree in Design. He has been working for a nationally-known chain print shop for over twenty years as the Print Manager, where he has developed his expertise and dedication to perfectly execute each printing project.
Derek Manahan has been the print coordinator, working under the direction of Taylor Owen, for the past ten years at the same chain print shop. Derek holds a commercial printing certification from Cypress Community College. Derek’s organizational and administrative skills have propelled the former print coordinator to new heights of efficiency and turnaround times for clients; as such, the high expectation is that he will do so again for the Quick Process Print Shop in his new role as Office Manager.
Success Factors
The Quick Process Print Shop will be able to achieve success by offering the following competitive advantages:
- Friendly, knowledgeable, and highly qualified team at Quick Process Print Shop
- Guaranteed fastest turnaround time on select print projects, making the company the fastest in the region to turn projects around.
- Quick Process Print Shop offers the best binding pricing in town. Their pricing structure for over twenty types of available bindings is the most cost-effective compared to the competition.
Financial Highlights
Quick Process Print Shop is seeking $200,000 in debt financing to launch its print shop. The funding will be dedicated toward securing the office space and purchasing office and print equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the marketing campaigns and association memberships. The breakout of the funding is below:
- Office space build-out: $20,000
- Office and print equipment, supplies, and materials: $10,000
- Three months of overhead expenses (payroll, rent, utilities): $150,000
- Marketing costs: $10,000
- Working capital: $10,000
The following graph outlines the financial projections for Quick Process Print Shop.
Company Overview
Who is quick process print shop.
Quick Process Print Shop is a newly established full-service print shop in Cypress, Texas. Quick Process Print Shop will be the most reliable, cost-effective, and efficient choice for customers in Cypress and the surrounding communities. Quick Process Print Shop will provide a comprehensive menu of printing and binding services for individuals, corporations, civic, and governmental entities in Cypress. Their full-service approach includes a comprehensive set of standard and customized printing and binding processes, designed to meet every customer’s needs.
Quick Process Print Shop will be able to manage small to oversized printing projects, as well as projects that include binding or other special treatments, and will do so on select projects within a very fast turnaround process. The team of professionals is highly qualified and experienced in printing and management of day-to-day operations and print coordination. Quick Process Print Shop removes all headaches and issues of the printing and binding process and ensures all issues are taken care of expeditiously, while delivering the best customer service.
Quick Process Print Shop History
Quick Process Print Shop is owned by Taylor Owen, a former Print Manager for a nationally-known chain print shop. Taylor Owen is a graduate of the University of Texas, where he graduated with a Bachelor of Arts degree in Design. During his many years of printing, Taylor developed a high degree of expertise within his craft and used that dedication to perfectly execute each printing project. He gained the trust of his clients during twenty years of printing and binding projects; those relationships will now stabilize the revenue for the Quick Process Print Shop while the clientele grows and projects increase in size and number.
Since incorporation, Quick Process Print Shop has achieved the following milestones:
- Registered Quick Process Print Shop as a C-corporation, to transact business in the state of Texas.
- Has a lease contract in place for 10,000 square feet at the building Quick Process Print Shop will utilize.
- Reached out to numerous corporate contacts to secure advance contracts for Quick Process Print Shop.
- Began recruiting a staff of Quick Process Print Shop employees.
Quick Process Print Shop Services
The following will be the services Quick Process Print Shop will provide:
- One to 4-color printing using CMYK color process
- Print and bind corporate folders, presentation binders
Industry Analysis
The Print Shop industry is expected to grow over the next ten years to over $483 billion. The growth will be driven by an increased print market for packaging, which is expected to rise by 66 percent in the coming decade. The market for printing books will decrease in the coming ten years by 15 percent; however, the need for commercial, business, and personal printing will increase as expectations for professionally-prepared materials will rise in every market sector. Future parameters, including an uncertain economy or supply-chain shortages, could impact the printing industry; however, all industry markets will have the same issues in play should such uncertainties come about. Costs will likely be reduced as print collaborations and partnership work together to lower costs, while increasing efficiencies, particularly on large-volume projects.
Customer Analysis
Demographic profile of target market.
Quick Process Print Shop will target individuals or entities required printing or printing and binding services in the Cypress, Texas region. They will target individuals, corporations, civic or governmental agencies, as well as non-profits, and other associations who need printing and/or binding services. .
Customer Segmentation
Quick Process Print Shop will primarily target the following customer profiles:
- Individuals
- Corporations (for-profit/non-profit)
- Civic/community entities
- Governmental agencies
Competitive Analysis
Direct and indirect competitors.
Quick Process Print Shop will face competition from other companies with similar business profiles. A description of each competitor company follows:
TJ’s Speedy Print Shop
PJ’s Speedy Print Shop provides customer self-service printing using copy machines. A customer can select a copy machine when bringing in documents or a flash drive document to be printed. The copy machines print and collate the projects per the instructions of the customer using self-instruction on a self-serve copy machine. Standard materials, such as paper and staples are provided for a fee. While copies are printed at-will and offer a fast turnaround, no binding services are offered. Color copies, customized print processes, high-quality color separation and other quality services are not offered within this self-serve model.
The owner of TJ’s Speedy Print Shop, legally registered as a limited liability company, has been in business for over thirty years and the shop is well-established as a neighborhood copy and print shop. The motto is “Your Printing Your Way” and the focus is on speed and accessibility, as the print shop is open 24 hours per day. An employee is always on site to assist customers who walk in and a full-time repair person oversees the copy machines. The print shop owner, Tomas Johanson, has been talking to customers about retiring; the outcome of his retirement for the print shop is unknown.
RiverEdge Printing & Packing Services
RiverEdge Printing & Packing Services is located in Houston, Texas and is a legal entity formed to serve the grocery store market sector within the regional area. Originally a sole proprietorship, the company was reframed legally as a C-corporation five years ago, when the family-owned business leadership changed from the father to the son. The company prints commercial projects only, focused on printing grocery bags, grocery boxes, packaging materials and other ancillary products that serve one national chain customer with 583 grocery stores in the chain. Products are printed, collated, glued, bound and packed according to the client specifications and the long-term contract is renewed yearly. The labor union is represented in this company, which requires contract negotiation on a yearly basis.
Excelsior Printing Company, Inc.
Excelsior Printing Company, Inc. is a nationally-recognized book printing company known for the 4-color printed, paper-over-board books they produce for children. This specialty printing company faces competition from Asian print providers; however the company provides a fast turnaround on projects that are short and follow a company template for printing production. Based in Houston, Texas, the company is held by two shareholders who take pride in the quality of books produced and the expediency offered in a process they’ve titled, “Fast Track” shipping. Fast Track shipping guarantees printed books will be delivered to bookstores within 4 weeks of a print order placed with Excelsior Printing Company, Inc. This guarantee provides the fastest delivery schedules of any printer in the U.S.
Competitive Advantage
Quick Process Print Shop will be able to offer the following advantages over their competition:
- Friendly, knowledgeable, and highly qualified team of Quick Process Print Shop employees, who will work with each client to ensure orders are correctly entered into the system, printed and delivered according to specifications.
- The comprehensive menu of services offered by Quick Process Print Shop outshines all other competitors in terms of the variety of printing and binding processes offered, quality maintained and turnaround delivery times guaranteed.
- Quick Process Print Shop offers comparable pricing for printing and binding. Their pricing structure is the most cost-effective compared to the competition.
Marketing Plan
Brand & value proposition.
Quick Process Print Shop will offer the unique value proposition to its clientele:
- Highly-qualified team of skilled employees that is able to provide comprehensive printing and binding services for each client, including customized sizes, materials, designs or other parameters needed for completion of the project.
- Competitive prices with on-the-job service representatives to assist every step of the way.
- Binding products and services to compile corporate reports, organization presentations, and other documents or materials.
- Guaranteed fastest turnaround service for select projects.
- Reasonable pricing for outstanding results.
Promotions Strategy
The promotions strategy for Quick Process Print Shop is as follows:
Word of Mouth/Referrals
Taylor Owen has built up an extensive list of contacts over the years by providing exceptional service and expertise to his clients. They have communicated to Taylor that they kept renewing their contracts because they were happy with the service Taylor was providing. Once Taylor Owen advised them he was leaving to open his own print shop, they agreed to follow him to his new company and help spread the word of the Quick Process Print Shop.
Professional Associations and Networking
Quick Process Print Shop will become a member of commercial and residential professional associations within the region, due to the fact that each entity will need print services internally for a variety of projects that will need completion. In return, Quick Process Print Shop can offer reduced pricing for community efforts at fund-raising or other worthy causes by way of reciprocation and appreciation for the associations.
Print Advertising
As a printing company, Quick Process Print Shop, will advertise via printed pieces that describe the full range of services offered by Quick Process Print Shop. These printed pieces will be delivered to each resident in Cypress, Texas as a drop-in card inside The Cypress Daily, a city newspaper with a circulation of over 500,000 residents.
Website/SEO Marketing
Quick Process Print Shop will utilize their in-house employees who designed their print ads to also design their website. The website will be well organized, informative, and list all their services that Quick Process Print Shop is able to provide. The website will also list their contact information and list the multiple print and binding services and products available. A short-term social media marketing manager will also manage the website presence with SEO marketing tactics so that anytime someone types in the Google or Bing search engine “Fast Printing Cypress” or “print and bind near me”, Quick Process Print Shop will be listed at the top of the search results.
The pricing of Quick Process Print Shop will be moderate and on par with competitors, so customers feel they receive excellent value and quality when purchasing their services.
Operations Plan
The following will be the operations plan for Quick Process Print Shop. Operation Functions:
- Taylor Owen will be the Owner and President of the company. He will act as the Senior Print Manager to oversee all major print projects, build client relationships and represent the company within the greater Cypress region. Jay has spent the past year recruiting the following staff:
- Derek Manahan – Office Manager who will manage the day-to-day operations of print projects and oversee the employee team.
- Shelly Duhane – Staff Bookkeeper, who will manage the financial accounts and compile records for payroll and tax purposes.
- Kelly Martin – Social Media Marketing Manager who will develop all initial marketing strategies for Quick Process Print Shop during the first three months of business.
- Carl Snowdon – Maintenance Manager who will provide all equipment and premises maintenance at the property.
Milestones:
Quick Process Print Shop will have the following milestones complete in the next six months.
- 5/1/202X – Finalize contract to lease location space
- 5/15/202X – Finalize personnel and staff employment contracts for the Quick Process Print Shop
- 6/1/202X – Finalize long-term contracts for Quick Process Print Shop clients
- 6/15/202X – Begin networking at regional association events
- 6/22/202X – Begin moving into Quick Process Print Shop location
- 7/1/202X – Quick Process Print Shop opens its building for business
Quick Process Print Shop will be owned and operated by Taylor Owen. He recruited his former printing coordinator, Derek Manahan, to be his Office Manager to help manage the office and day-to-day operations.
Taylor Owen graduated from the University of Houston with a Bachelor of Arts degree in Design. He has been employed by a local printing company for over twenty years as a Print Manager. Jay has successfully secured the assurances of former clients that they will bring their business needs to the Quick Process Print Shop upon opening and he is in the process of obtaining new long-term contracts with corporate clients.
Derek Manahan has been the print coordinator, working under the direction of Taylor Owen, for the past ten years at the same chain print shop. Derek holds a commercial printing certification from Cypress Community College. Derek’s organizational and administrative skills have propelled the former print coordinator to new heights of efficiency and turnaround times for clients; as such, the high expectation is that he will do so again for the Quick Process Print Shop in his new role of Office Manager.
Financial Plan
Key revenue & costs.
The revenue drivers for Quick Process Print Shop are the fees they will charge to the clients for their services and products.
The cost drivers will be the overhead costs required in order to staff and equip the Quick Process Print Shop location. The expenses will be the payroll cost, rent, utilities, office supplies, and marketing materials.
Funding Requirements and Use of Funds
Quick Process Print Shop is seeking $200,000 in debt financing to launch its property management business. The funding will be dedicated toward securing the location space and purchasing printing equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the print ads and association memberships. The breakout of the funding is below:
Key Assumptions
The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.
- Number of Projects, Services and Products Sold Per Month: 600
- Average Fees per Month: $55,000
- Office Lease per Year: $100,000
Financial Projections
Income statement, balance sheet, cash flow statement, print shop business plan faqs, what is a print shop business plan.
A print shop business plan is a plan to start and/or grow your print shop business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.
You can easily complete your Print Shop business plan using our Print Shop Business Plan Template here .
What are the Main Types of Print Shop Businesses?
There are a number of different kinds of print shop businesses , some examples include: Digital printing, Offset lithography printing, Screen printing, , and 3D printing.
How Do You Get Funding for Your Print Shop Business Plan?
Print Shop businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.
What are the Steps To Start a Print Shop Business?
Starting a print shop business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.
1. Develop A Print Shop Business Plan - The first step in starting a business is to create a detailed print shop business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.
2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your print shop business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks, so it’s important to do research and choose wisely so that your print shop business is in compliance with local laws.
3. Register Your Print Shop Business - Once you have chosen a legal structure, the next step is to register your print shop business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.
4. Identify Financing Options - It’s likely that you’ll need some capital to start your print shop business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.
5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.
6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.
7. Acquire Necessary Print Shop Equipment & Supplies - In order to start your print shop business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.
8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your print shop business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising.
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Printing Business
Back to All Business Ideas
Create and Print: Steps to Your Printing Business
Written by: Howard Tillerman
Howard Tillerman is the Chief Marketing Officer for Step By Step Business and an award-winning marketing professional.
Edited by: David Lepeska
David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.
Published on August 11, 2021
Investment range
$8,100 - $32,200
Revenue potential
$100,000 - $200,000 p.a.
Time to build
Profit potential
$50,000 - $100,000 p.a.
Industry trend
Consider these crucial factors when launching your printing business:
- Services — Decide on the types of printing services you will offer, such as digital printing, offset printing, large format printing, screen printing, or specialized services like promotional products and custom apparel.
- Equipment — Invest in high-quality printing equipment based on the services you plan to offer. This may include digital printers, offset presses, large format printers, screen printing equipment, and finishing equipment like cutters, binders, and laminators.
- Supplies — Stock up on paper, ink, toner, substrates, and other necessary printing materials.
- Software — Use professional design and printing software like Adobe Creative Suite , CorelDRAW , or specialized RIP software for large-format printing.
- Location — Choose a suitable location with adequate space for your printing equipment, storage, and administrative tasks. Ensure the workspace has proper ventilation and meets safety standards.
- Register your business — A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple. Form your business immediately using ZenBusiness LLC formation service or choose one of the top services available .
- Legal business aspects — Register for taxes, open a business bank account, and get an EIN .
- Loyalty programs — Implement loyalty programs or discounts for repeat customers to encourage long-term business relationships.
Interactive Checklist at your fingertips—begin your printing business today!
Step 1: Decide if the Business Is Right for You
The first step is market analysis, to understand what’s happening in the industry and the prospects of building a successful business.
Pros and cons
Before you open a print shop, it’s best to weigh the pros and cons to help you determine if the risk is worth it.
- Highly profitable
- High customer retention rate
- Easy to start; work from home if needed
- Broad and exciting market
- Little experience required
- Cutthroat competition
- High overhead costs
Printing industry trends
The printing industry is seeing a rebirth. For starters, research firm Mordor Intelligence expects the global printing market to see steady annual growth of nearly 2.5% for the next five years.(( https://www.mordorintelligence.com/industry-reports/commercial-printing-market ))
That’s nothing compared to the explosive forecast for 3D printing, which is becoming more common in many sectors, including healthcare and manufacturing.
Industry size and growth
- Industry size and past growth – The US printing industry has seen a gradual decline in recent years and is valued at about $79 billion as of 2022, according to market analyst IBISWorld.(( https://www.ibisworld.com/industry-statistics/market-size/printing-united-states/ ))
- Growth forecast – The US digital print market is headed toward impressive annual growth of almost 7% through 2026(( https://www.globenewswire.com/news-release/2021/05/10/2226163/0/en/The-digital-printing-market-size-is-expected-to-grow-from-USD-24-8-billion-in-2021-to-USD-34-3-billion-by-2026-at-a-CAGR-of-6-7.html )) while the 3D printing market is seen to grow from $14 billion in 2021 to $51 billion in 2028 — a more than 350% expansion in just seven years.(( https://www.grandviewresearch.com/industry-analysis/3d-printing-industry-analysis ))
- Number of businesses – There are nearly 45,000 printing businesses in the US.(( https://www.ibisworld.com/industry-statistics/number-of-businesses/printing-united-states/ ))
- Number of people employed – The industry employs more than 350,000 people.(( https://www.ibisworld.com/industry-statistics/employment/printing-united-states/ ))
Trends and challenges
Trends shaping the printing industry include:
- Growing preference for 3D and digital printing
- Emergence of erasable printing technology, security printing, and cloud printing
Challenges in the printing industry include:
- Declining demand due to adoption of digital technology
- High level of competition
What kind of people work in printing?
- Gender – Around 66% of all printers are male, while 34% are female.(( https://www.zippia.com/printer-jobs/demographics/#gender-statistics ))
- Average level of education – 36% of printers have a high school diploma and 28% hold a bachelor’s degree.(( https://www.zippia.com/printer-jobs/education/ ))
- Average age – The average age of an employed printer is 48 years old.(( https://www.zippia.com/printer-jobs/demographics/#age-statistics ))
How much does it cost to start a printing business?
The cost of starting a printing business depends on location, initial equipment, and upfront supplies.
You should expect to spend at least $40,000 for a barebones operation and up to $400,000 on the higher end. However, most in the printing business spend about $200,000 for a well-rounded print shop.
Signing on with a franchise such as the UPS Store boosts income. But if you’re not getting a franchise, your startup investment as an independent printing business will cover the following:
How much can you earn from a printing business?
Depending on industry segment and size of operation, a printing business tends to generate $100,000 to $200,000 in annual revenue, at a 50% profit margin. After costs, such as design software subscriptions, equipment maintenance, supplies, salaries, rent, and insurance, you’ll have a pre-tax profit of $50,000 to $100,000 per year.
Of course, if you add another printer, move to a larger space, or open a second and third location, you can make significantly more.
What barriers to entry are there?
The biggest barrier to entry in the printing industry is the high level of competition. Printing is a relatively popular market, attracting a lot of entrepreneurs. Your ability to offer competitive pricing and custom print options can help you gain a share of the market.
The high cost of equipment is another barrier. Printing equipment is expensive, and unless you have adequate capital, you’ll have a problem running a well-rounded service or outperforming your competitors.
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Step 2: hone your idea.
The second step to starting a printing business is to get more clarity about what you need to do to achieve success. Here’s what you need to do during this phase:
Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.
Why? Identify an opportunity
Your competition will be other businesses offering the same services in your area. You will also be competing against larger companies with a nationwide presence, such as American Printing.
One of the easiest ways to establish a strong presence quickly in the printing industry is to leverage franchising. Partnering with printing franchises such as The UPS Store can provide your business a steady stream of business cards, brochures, and other marketing materials to boost income.
These materials are an integral part of fostering relationships during seminars, trade shows, and other promotional events.
What? Determine your services
Running a print shop typically involves providing one or more printing services, including screen, offset, 3D printed products , or digital printing. You could also offer a combination of services, such as screen and digital. Most printing businesses offer various specialized services such as T-shirt printing, signage, brochures, magazines, business cards, catalogs, and more.
Knowing which commercial printing service to start will help you determine your target customers, competition, and how to stand out.
- Digital printing involves creating designs on a computer and then printing it on various materials, including paper, canvas, fabric, and more. The leading digital printing technologies include inkjet and laser. Inkjet is commonly used for signages, short print runs, and posters. Laser printers are used for direct mails and brochures.
- Traditional offset printing, also known as lithography, is ideal for high-volume commercial jobs. Ever seen a video of newspapers running through big rollers? That’s offset printing.
- Screen or silk printing involves pressing ink through a stenciled mesh screen to create a printed design. It is popular for T-shirts, mugs, and billboards.
- The newest and fastest growing market segment is 3D printing, which involves the construction of a three-dimensional object from a computer design. This is not your grandfather’s printing method.
With a niche strategy, you can leverage your expertise in a particular area to stand out from your competition.
Think of it as a way to help you focus on printing services that your competitors aren’t offering in your area.
Decide whether you want to provide digital, screen, or offset printing services, or a combination of these services. That way, you won’t have a problem identifying your ideal customers.
While most print shops run from Monday through to Friday, operating hours depend on your current orders, which means you might work on weekends and late hours if you have a deadline to meet.
How much should you charge for printing?
Your pricing structure can make or break your printing business. Here are a few pricing strategies you can use:
Cost + markup pricing
This model involves determining the price by forecasting the cost of printing for a specific project then adding the desired profit markup on top.
Gain market share pricing
This strategy involves setting low prices to gain market share against competitors. The model works well if you’re offering multiple printing services.
For instance, you may lower prices for 3D printing to attract new customers knowing that you’ll later sell these clients more profitable services such as long-run offset printing. Research industry rates to help you determine the best pricing model for your business.
Once you know your costs, you can use this Step By Step profit margin calculator to determine your mark-up and final price points. Remember, the prices you use at launch should be subject to change if warranted by the market.
Who? Identify your target market
You’ve chosen your niche. The next thing you want to do is pinpoint your target customers. Targeting specific groups of potential clients can help reduce your marketing costs and maximize profits.
For instance, if you run a 3D printing business, your target customers would be display companies, ad agencies, marketing firms, and manufacturers. If you’re operating a screen printing business, your customers would include college students and T-shirt design firms.
When you know the printing customers to target, you can easily reach them, not to mention that you’ll be in a better position to provide quality services.
Where will your business be based?
While you can run your printing service from home, you’re better off with a storefront location. Ideally, you’ll want an area that’s visible and accessible.
Even if you don’t plan to attract many walk-in customers, a visible location can help spread the word about your business to local customers. You’ll also need a site that offers quick access to clients picking up their orders and people delivering supplies.
Also, as you evaluate a potential location for your print shop, consider zoning regulations to ensure that your chosen site allows for the legal operation of your business. Lastly, make sure that the cost of renting and running your selected location is within your budget.
You can find commercial space to rent in your area on Craigslist , Crexi , and Commercial Cafe . When choosing a commercial space, you may want to follow these rules of thumb:
- Central location accessible via public transport
- Ventilated and spacious, with good natural light
- Flexible lease that can be extended as your business grows
- Ready-to-use space with no major renovations or repairs needed
Step 3: Brainstorm a Printing Company Name
Here are some ideas for brainstorming your business name:
- Short, unique, and catchy names tend to stand out
- Names that are easy to say and spell tend to do better
- The name should be relevant to your product or service offerings
- Ask around — family, friends, colleagues, social media — for suggestions
- Including keywords, such as “printers” or “digital printing”, boosts SEO
- Choose a name that allows for expansion: “Inkwell Printing Solutions” over “T-Shirt Printing Hub” or “Business Card Printing Solutions”
- A location-based name can help establish a strong connection with your local community and help with the SEO but might hinder future expansion
Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these.
Find a Domain
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Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that sets your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity.
Step 4: Create a Printing Business Plan
Here are the key components of a business plan:
- Executive Summary: A concise overview of the business plan, summarizing key points and objectives.
- Business Overview: A detailed description of the printing business, including its mission, vision, and core values.
- Product and Services: Clearly outline the printing services offered, such as digital printing, offset printing, and additional services like graphic design.
- Market Analysis: Research and analysis of the printing industry, including target market demographics, trends, and potential opportunities.
- Competitive Analysis: Assessment of competitors in the printing market, identifying strengths, weaknesses, and strategies to gain a competitive edge.
- Sales and Marketing: Strategies for promoting and selling printing services, including pricing, advertising, and sales channels.
- Management Team: Introduction to key members of the management team, highlighting their skills and roles in the business.
- Operations Plan: Details on the day-to-day operations of the printing business, covering production processes, equipment, and workflow.
- Financial Plan: A comprehensive financial forecast, including startup costs, revenue projections, and a break-even analysis.
- Appendix: Supplementary materials, such as resumes, additional market research, or legal documents, supporting the information presented in the business plan.
If you’ve never created a business plan, it can be an intimidating task. You might consider hiring a business plan specialist to create a top-notch business plan for you.
Step 5: Register Your Business
Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.
Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business!
Choose where to register your company
Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you are planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to printing.
If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state.
Choose your business structure
Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your printing business will shape your taxes, personal liability, and business registration requirements, so choose wisely.
Here are the main options:
- Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
- General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
- Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
- C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
- S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC, which just needs to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.
We recommend that new business owners choose LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your articles of organization, and answer any questions you might have.
Form Your LLC
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Step 6: Register for Taxes
The final step before you’re able to pay taxes is getting an Employer Identification Number, or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN.
Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.
The IRS website also offers a tax-payers checklist , and taxes can be filed online.
It is important to consult an accountant or other professional to help you with your taxes to ensure you are completing them correctly.
Step 7: Fund your Business
Securing financing is your next step and there are plenty of ways to raise capital:
- Bank loans : This is the most common method, but getting approved requires a rock-solid business plan and strong credit history.
- SBA-guaranteed loans : The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
- Government grants : A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
- Venture capital : Offer potential investors an ownership stake in exchange for funds, keeping in mind that you would be sacrificing some control over your business.
- Friends and Family: Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
- Crowdfunding: Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
- Personal: Self-fund your business via your savings or the sale of property or other assets.
Bank and SBA loans are probably the best option, other than friends and family, for funding a printing business. You might also try crowdfunding if you have an innovative concept.
Step 8: Apply for Printing Business Licenses and Permits
Starting a printing business requires obtaining a number of licenses and permits from local, state, and federal governments.
Federal regulations, licenses, and permits associated with starting your business include doing business as (DBA), health licenses and permits from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits.
You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more.
You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.
This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.
If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.
Step 9: Open a Business Bank Account
Before you start making money you’ll need a place to keep it, and that requires opening a bank account.
Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your printing business as a sole proprietorship. Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.
Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account.
Step 10: Get Business Insurance
Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.
Here are some types of insurance to consider:
- General liability: The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
- Business Property: Provides coverage for your equipment and supplies.
- Equipment Breakdown Insurance: Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
- Worker’s compensation: Provides compensation to employees injured on the job.
- Property: Covers your physical space, whether it is a cart, storefront, or office.
- Commercial auto: Protection for your company-owned vehicle.
- Professional liability: Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
- Business owner’s policy (BOP): This is an insurance plan that acts as an all-in-one insurance policy, a combination of any of the above insurance types.
Step 11: Prepare to Launch
As opening day nears, prepare for launch by reviewing and improving some key elements of your business.
Essential software and tools
Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks.
You can use design software such as The Print Shop , Canva , and Printavo , to create professional print layouts, adding flair to your projects.
- Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero .
- If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial.
Develop your website
Website development is crucial because your site is your online presence and needs to convince prospective clients of your expertise and professionalism.
You can create your own website using services like WordPress, Wix, or Squarespace . This route is very affordable, but figuring out how to build a website can be time-consuming. If you lack tech-savvy, you can hire a web designer or developer to create a custom website for your business.
They are unlikely to find your website, however, unless you follow Search Engine Optimization ( SEO ) practices. These are steps that help pages rank higher in the results of top search engines like Google.
Here are some powerful marketing strategies for your future business:
- Local Partnerships: Forge partnerships with local businesses, such as event planners, schools, and restaurants, to offer exclusive printing services, creating a mutually beneficial relationship.
- Sample Kits: Develop eye-catching sample kits showcasing your printing capabilities and distribute them to potential clients, leaving a lasting impression and tangible evidence of your quality.
- Social Media Engagement: Leverage social media platforms by regularly sharing visually appealing content, highlighting your printing projects, and engaging with your audience through contests or polls to build a strong online presence.
- Referral Programs: Implement a referral program where existing clients receive discounts or perks for referring new business, turning satisfied customers into advocates for your printing services.
- Specialized Packages: Create specialized printing packages for occasions like weddings, corporate events, or product launches, demonstrating your ability to tailor services to specific needs.
- Community Events Sponsorship: Sponsor local events or community gatherings to increase brand visibility, and consider providing on-site printing services to showcase your capabilities directly to potential customers.
- Interactive Workshops: Host workshops or seminars on printing techniques, design trends, or DIY printing projects, positioning your business as an authority in the field and attracting a diverse audience.
- Customer Loyalty Programs: Develop loyalty programs offering discounts or exclusive deals for repeat customers, fostering long-term relationships and incentivizing clients to choose your printing services consistently.
- Targeted Direct Mail Campaigns: Design and execute targeted direct mail campaigns to specific industries or demographics, showcasing how your printing services can meet their unique needs.
- Testimonials and Case Studies: Collect and showcase client testimonials and case studies that emphasize successful collaborations, building trust and credibility with potential customers.
Focus on USPs
Unique selling propositions, or USPs, are the characteristics of a product or service that sets it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your printing meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire.
Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your printing business could be:
- Fastest printing service in town!
- If you can design it, we can print it
- No job is too small, or too big
You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running a print shop, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in printing for years and can offer invaluable insight and industry connections.
The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in printing. You’ll probably generate new customers or find companies with which you could establish a partnership. Online businesses might also consider affiliate marketing as a way to build relationships with potential partners and boost business.
Step 12: Build Your Team
If you’re starting out small from home, you may not need any employees. But as your business grows, you will likely need workers to fill various roles. Potential positions for a printing business would include:
- Designers and Printers
- General Manager
- Marketing Lead
At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need.
Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent.
Step 13: Run a Printing Business – Start Making Money!
In the near future, 3D printing and digital printing will likely come to dominate the market. Other trends to look out for include erasable printing technology, security printing, and cloud printing. A smart entrepreneur would get in now while the market is still taking shape.
You’re now ready to start printing and making money! Thought you might want to bookmark this page, just in case.
- Frequently Asked Topics
Can you make money with print on demand?
Yes, you can. However, you’ll need to partner with the right people and stores. Also, you must have a well-thought-out marketing plan and, of course, sell high-demand products. One of the critical determinants of how much money you can make with a print-on-demand business is the quality of your designs – so create high-quality designs to attract customers.
How much money can you make printing t-shirts?
The amount of revenue you can generate with a t-shirt business depends on several factors, such as your customer base and location. You can make about $573 with an average order of 72 custom t-shirts which takes one hour to print. Wages and materials cost about $169, leaving you with a profit of $304.
Is 3D printing a profitable business?
Yes, it is. Even so, revenue may vary depending on your target market and location. Industry insiders say the prospects look good since 3D printing is still at its infant stage. The trick is to invest in the right equipment to produce work that customers can buy at a premium price.
How do printing companies get clients?
Printing companies can acquire clients through networking, referrals, online presence, direct marketing, local partnerships, and participating in industry events.
Are digital prints profitable?
Digital prints can be profitable due to cost efficiency, quick turnaround times, and the ability to offer customized prints, but profitability may vary.
How do I make my printing business successful?
To make a printing business successful, focus on high-quality products/services, excellent customer service, strong branding and marketing, staying updated with industry trends, building relationships, expanding service offerings, efficient operations, and continuous improvement.
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- Decide if the Business Is Right for You
- Hone Your Idea
- Brainstorm a Printing Company Name
- Create a Printing Business Plan
- Register Your Business
- Register for Taxes
- Fund your Business
- Apply for Printing Business Licenses and Permits
- Open a Business Bank Account
- Get Business Insurance
- Prepare to Launch
- Build Your Team
- Run a Printing Business - Start Making Money!
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- Sample Business Plans
- Manufacturing & Wholesale
Printing Press Business Plan
The extensive marketplace, ever-increasing demands, and abundant opportunities for scalability make the printing press business an exciting opportunity for anyone to start.
Is your business idea financially feasible? Is it capable of achieving desired growth? What would be the approximate costs to run this business? Answering foundational questions gets much easier when you have a comprehensive business plan for your printing press business.
Need help writing a business plan for your printing press business? You’re at the right place. Our printing press business plan template will help you get started.
Free Business Plan Template
Download our free printing press business plan template now and pave the way to success. Let’s turn your vision into an actionable strategy!
- Fill in the blanks – Outline
- Financial Tables
How to Write A Printing Press Business Plan?
Writing a printing press business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:
1. Executive Summary
An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready and summarizes each section of your plan.
Here are a few key components to include in your executive summary:
- Introduce your Business: Start your executive summary by briefly introducing your business to your readers.This section may include the name of your printing press business, its location, when it was founded, the type of printing press business (E.g. digital printing, offset printing, specialty printing, wide format printing), etc.
- Market Opportunity: Summarize your market research, including market size, growth potential, and marketing trends. Highlight the opportunities in the market and how your business will fit in to fill the gap. Products and Services: Highlight the products and services you offer in your printing press business. Highlight the USPs and differentiators to establish a competitive edge.For instance, you may include print graphic designing services, print finishing services, embossed printing, large format prints, etc as some of your USPs.
- Marketing & Sales Strategies: Outline your sales and marketing strategies—what marketing platforms you use, how you plan on acquiring customers, etc.
- Financial Highlights: Briefly summarize your financial projections for the initial years of business operations. Include any capital or investment requirements, associated startup costs, projected revenues, and profit forecasts.
- Call to Action: Summarize your executive summary section with a clear CTA, for example, inviting angel investors to discuss the potential business investment.
Ensure your executive summary is clear, concise, easy to understand, and jargon-free.
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2. Business Overview
The business overview section of your business plan offers detailed information about your company. The details you add will depend on how important they are to your business. Yet, business name, location, business history, and future goals are some of the foundational elements you must consider adding to this section:
- Offset printing press: They offer consistent high-quality results making it ideal for projects like magazines, books, newspapers, etc.
- Digital printing press: These are the most prevalent ones ruling the market. They are highly versatile and offer high-quality print results for all the products.
- Online printing press: They allow customers the flexibility to upload their designs and get those printed in their desired quality, right from the comfort of their homes.
- Specialty printing press: They offer novel printing solutions like embossing, foil stamping, engraving, screenprinting, letterpress, and much more.
- Describe the legal structure of your printing press company, whether it is a sole proprietorship, LLC, partnership, or others.
- Explain where your business is located and why you selected the place.
- Owners: List the names of your printing press company’s founders or owners. Describe what shares they own and their responsibilities for efficiently managing the business.
- Mission Statement: Summarize your business’ objective, core principles, and values in your mission statement. This statement needs to be memorable, clear, and brief.
- Business History: If you’re an established printing press service provider, briefly describe your business history, like—when it was founded, how it evolved over time, etc.Additionally, If you have received any awards or recognition for excellent work, describe them.
- Future Goals: It’s crucial to convey your aspirations and vision. Mention your short-term and long-term goals; they can be specific targets for revenue, market share, or expanding your services.
This section should provide a thorough understanding of your business, its history, and its future plans. Keep this section engaging, precise, and to the point.
3. Market Analysis
The market analysis section of your business plan should offer a thorough understanding of the industry with the target market, competitors, and growth opportunities. You should include the following components in this section.
- Target market: Start this section by describing your target market. Define your ideal customer and explain what types of services they prefer. Creating a buyer persona will help you easily define your target market to your readers.For instance, marketing agencies, small and medium-scale businesses, educational institutions, event planners, and retailers would be an ideal target audience for the digital printing press business.
- Market size and growth potential: Describe your market size and growth potential and whether you will target a niche or a much broader market.For example, you can either own a traditional printing press and plan to expand it across the city or you can focus on niche markets like wide format printing, specialty printing, etc.
- Competitive Analysis: Identify and analyze your direct and indirect competitors. Identify their strengths and weaknesses, and describe what differentiates your printing press services from them. Point out how you have a competitive edge in the market.
- Market Trends: Analyze emerging trends in the printing press market like advanced technologies and equipment, emerging demand for novelty printing solutions, etc. Explain how your business will cope with all the trends.For instance, the 3D and Interactive printing press market is experiencing tremendous growth; explain how you plan on dealing with this potential opportunity. Regulatory Environment: List regulations and licensing requirements that may affect your printing press company, such as business registration, environmental compliances, intellectual and copyright property rights, local zoning permits, etc.
Here are a few tips for writing the market analysis section of your digital printing business plan:
- Conduct market research, industry reports, and surveys to gather data.
- Provide specific and detailed information whenever possible.
- Illustrate your points with charts and graphs.
- Write your business plan keeping your target audience in mind.
4. Products And Services
The product and services section should describe the specific services and products that will be offered to customers. To write this section should include the following:
- Printing services like digital printing, offset printing, 3D printing, wide format printing, etc.
- Graphic services
- Print Finishing solutions like binding, lamination, cover, etc.
- Stationery products
- Packaging and label solutions
- Getting clients’ requirements and getting creative designed by graphic designers.
- Getting approval from the client.
- Choosing appropriate printing techniques and beginning printing.
- Giving final touches to printed materials.
- Packing it appropriately and getting it delivered.
- Quality measures: This section should explain how you maintain quality standards and consistently provide the highest quality service.This may include regular maintenance of machinery, using high-quality materials, safe practices, and a sustainable approach.
- Additional Services: Mention if your printing press company offers any additional products or services. You may include ready-to-customize marketing materials, customized printing services, i.e. variable data printing, sustainable printing solutions, free delivery, etc.
In short, this section of your printing press plan must be informative, precise, and client-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.
5. Sales And Marketing Strategies
Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:
- Unique Selling Proposition (USP): Define your business’s USPs depending on the market you serve, the equipment you use, and the unique services you provide. Identifying USPs will help you plan your marketing strategies.For example, large format printing, hybrid printing technologies, sustainable practices, and 3D and interactive printing solutions could be some of the great USPs for a printing press company.
- Pricing Strategy: Describe your pricing strategies- how you plan to price your printing services to stay competitive in the local and online market. You can mention entry offers, special discounts, bulk pricing, and other pricing strategies to attract new customers and retain the existing ones.
- Marketing Strategies: Discuss your marketing strategies to market your services. You may include some of these marketing strategies in your business plan—local advertising, banners and hoardings, social media marketing, Google ads, brochures, email marketing, content marketing, and print marketing.
- Sales Strategies: Outline the strategies you’ll implement to maximize your sales. Your sales strategies may include direct sales calls to startups, businesses, and industries, referral programs, partnering with graphics designing specialists and agencies, etc.
- Customer Retention: Describe your customer retention strategies and how you plan to execute them. For instance, special offers for existing clients, priority pass, complimentary services like post-printing finishes, etc.
Overall, this section of your printing press business plan should focus on customer acquisition and retention.
Have a specific, realistic, and data-driven approach while planning sales and marketing strategies for your printing press business, and be prepared to adapt or make strategic changes in your strategies based on feedback and results.
6. Operations Plan
The operations plan section of your business plan should outline the processes and procedures involved in your business operations, such as staffing requirements and operational processes. Here are a few components to add to your operations plan:
- Staffing & Training: Mention your printing business’s staffing requirement, including the number of employees needed. Include desired qualifications, skill sets and training requirements, familiarity level with advanced technologies, and their duties.A printing press requires graphic designers, business executives, printing specialists, technicians, packaging team members, etc.
- Operational Process: Outline the processes and procedures you will use to run your printing press business. Your operational processes may include getting a client and directing them with appropriate print solutions, offering quotations, machinery and equipment maintenance, employee training, and packing and sending shipments for online orders.
- Equipment & Machinery: Include the list of equipment and machinery required for a printing press, such as printing machines, inkjet technologies, finishing tools and equipment, etc.Explain how these technologies help you maintain quality standards and improve the efficiency of your business operations.
Adding these components to your operations plan will help you lay out your business operations, which will eventually help you manage your business effectively.
7. Management Team
The management team section provides an overview of your printing press business’s management team. This section should provide a detailed description of each manager’s experience and qualifications, as well as their responsibilities and roles.
- Founders/CEO: Mention the founders and CEO of your printing press company, and describe their roles and responsibilities in successfully running the business.
- Key managers: Introduce your management and key members of your team, and explain their roles and responsibilities. Include qualifications, skills, and relevant experience of key members in this section.
- Organizational structure: Explain the organizational structure of your management team. Include the reporting line and decision-making hierarchy.
- Compensation Plan: Describe your compensation plan for the management and staff. Include their salaries, incentives, and other benefits.
- Advisors/Consultants: Mentioning advisors or consultants in your business plans adds credibility to your business idea.So, if you have any advisors or consultants, include them with their names and brief information consisting of roles and years of experience.
This section should describe the key personnel for your printing press services, highlighting how you have the perfect team to succeed.
8. Financial Plan
Your financial plan section should provide a summary of your business’s financial projections for the first few years. Here are some key elements to include in your financial plan:
- Profit & loss statement: Describe details such as projected revenue, operational costs, and service costs in your projected profit and loss statement . Make sure to include your business’s expected net profit or loss.
- Cash flow statement: The cash flow for the first few years of your operation should be estimated and described in this section. This may include billing invoices, payment receipts, loan payments, and any other cash flow statements.
- Balance Sheet: Create a projected balance sheet documenting your printing press business’s assets, liabilities, and equity.
- Break-even point: Determine and mention your business’s break-even point—the point at which your business costs and revenue will be equal.This exercise will help you understand how much revenue you need to generate to sustain or be profitable.
- Financing Needs: Calculate costs associated with starting a printing press business, and estimate your financing needs and how much capital you need to raise to operate your business. Be specific about your short-term and long-term financing requirements, such as investment capital or loans.
Be realistic with your financial projections, and make sure you offer relevant information and evidence to support your estimates.
9. Appendix
The appendix section of your plan should include any additional information supporting your business plan’s main content, such as market research, legal documentation, financial statements, and other relevant information.
- Add a table of contents for the appendix section to help readers easily find specific information or sections.
- In addition to your financial statements, provide additional financial documents like tax returns, a list of assets within the business, credit history, and more. These statements must be the latest and offer financial projections for at least the first three or five years of business operations.
- Provide data derived from market research, including stats about the printing press industry, user demographics, and industry trends.
- Include any legal documents such as permits, licenses, and contracts.
- Include any additional documentation related to your business plan, such as product brochures, marketing materials, operational procedures, etc.
Use clear headings and labels for each section of the appendix so that readers can easily find the necessary information.
Remember, the appendix section of your printing shop business plan should only include relevant and important information supporting your plan’s main content.
The Quickest Way to turn a Business Idea into a Business Plan
Fill-in-the-blanks and automatic financials make it easy.
This sample printing services business plan will provide an idea for writing a successful printing press plan, including all the essential components of your business.
After this, if you still need clarification about writing an investment-ready business plan to impress your audience, download our printing press business plan pdf .
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Frequently Asked Questions
Why do you need a printing press business plan.
A business plan is an essential tool for anyone looking to start or run a successful printing press business. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.
Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your printing press company.
What is the easiest way to write your printing press business plan?
A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any printing press business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business plan software .
How do I write a good market analysis in a printing press business plan?
Market analysis is one of the key components of your business plan that requires deep research and a thorough understanding of your industry. We can categorize the process of writing a good market analysis section into the following steps:
- Stating the objective of your market analysis—e.g., investor funding.
- Industry study—market size, growth potential, market trends, etc.
- Identifying target market—based on user behavior and demographics.
- Analyzing direct and indirect competitors.
- Calculating market share—understanding TAM, SAM, and SOM.
- Knowing regulations and restrictions
- Organizing data and writing the first draft.
Writing a marketing analysis section can be overwhelming, but using ChatGPT for market research can make things easier.
How detailed should the financial projections be in my printing press business plan?
The level of detail of the financial projections of your printing press business may vary considering various business aspects like direct and indirect competition, pricing, and operational efficiency. However, your financial projections must be comprehensive enough to demonstrate a comprehensive view of your financial performance.
Generally, the statements included in a business plan offer financial projections for at least the first three or five years of business operations.
What key components should a printing press business plan include?
The following are the key components your printing press business plan must include:
- Executive summary
- Business Overview
- Market Analysis
- Products and services
- Sales and marketing strategies
- Operations plan
- Management team
- Financial plan
Can a good printing press business plan help me secure funding?
Indeed. A well-crafted printing press business will help your investors better understand your business domain, market trends, strategies, business financials, and growth potential—helping them make better financial decisions.
So, if you have a profitable and investable business, a comprehensive business plan can certainly help you secure your business funding.
About the Author
Upmetrics Team
Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more
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Print Shop Business Plan Template
If you want to start a print shop or expand your current printing business, you need a business plan.
The following Print Shop business plan template gives you the key elements to include in a winning printing company business plan. In addition to this template, a solid plan will also include market research to help you better understand the printing industry, your competitive advantage and your specific target market. It will also help you prepare your marketing strategy and financial statements.
You can download our Print Shop business plan template (including a full, customizable financial model) to your computer here.
Print Shop Business Plan Example
I. executive summary, business overview.
[Company Name] is a new print shop located in [Location]. We offer state of the art printing services to help our customers with all of their artistic projects or business needs. We offer several custom print products, including business cards, flyers, resumes, brochures, and posters. Each product can be custom made and designed to fit our customers’ needs. We aim to be the #1 print shop in the [Location] area by providing high quality products and excellent customer service.
[Company Name] is led by [Founder’s Name], who has considerable experience working at a print shop. For ten years, he has worked for a FedEx Print and Ship Center and thoroughly enjoyed creating custom print orders for his customers. He started out as an associate but worked his way into management, where he learned several aspects of running such a business. He has finally finished planning his own print shop business and is ready to launch [Company Name].
Products Served
Our mission is to help individuals and businesses in the area with all their printing needs. We offer numerous products to achieve this goal, including stationery, resumes, invitations, and business cards. All customers are welcome to order their print products with us. Whether an individual needs to print ten copies of their resume or a business needs 500 copies of a flyer, we can help them out.
Customer Focus
[Company Name] will primarily serve the residents who live within a ten mile radius of our store as well as small businesses located in the area. The demographics of these customers are as follows:
- 47,125 residents
- 400 small to medium-sized businesses
- Average income of $56,100
- 39.1% married
- 44.2% in Mgt./Professional occupations
- Median age: 38 years
Management Team
[Company Name] is led by [Founder’s Name] who has worked at a Fedex Print and Ship Center for ten years. While [Founder’s Name] has never run a store himself, he was a manager of the store and has considerable experience designing and printing custom print orders. As such [Founder’s Name] has an in-depth knowledge of the print shop business including the operations side (e.g., running day-to-day operations) and the business management side (e.g., staffing, marketing, etc.). He will hire several other staff to help run the aspects of the business that he is unfamiliar with.
Success Factors
[Company Name] is uniquely qualified to succeed for the following reasons:
- There are currently very few businesses dedicated to offering high-quality print services. [Founder’s Name] surveyed the area and found that our services are in high demand.
- Our location is in a highly convenient location to significant numbers of passersby each day.
- The management team has a track record of success in the print shop business.
- The print shop business is a proven business and has succeeded in communities throughout the United States.
Financial Highlights
[Company Name] is currently seeking $550,000 to launch. Specifically, these funds will be used as follows:
- Store design/build: $200,000
- Printers and other equipment: $100,000
- Supplies and inventory: $100,000
- Working capital: $150,000 to pay for marketing, salaries, and lease costs until [Company Name] reaches break-even
II. Company Overview
Who is [company name].
Customers can order their prints either in store or on our website. Our website provides hundreds of templates so customers can quickly design their order. Our staff will be well-educated in designing and printing out our products, so they can easily help any customers who order their prints in person. We guarantee that each order will be perfect the first time and will offer free re-prints and discounts on future orders if customers aren’t immediately satisfied with the final product.
[Company Name]’s History
After conducting a market analysis and surveying the local customer base, [Founder’s Name] incorporated [Company Name] as an S-Corporation on [Date of Incorporation].
[Founder’s Name] has found a potential location and is currently doing due diligence to assess if it is a good location to launch the print shop.
Since incorporation, the company has achieved the following milestones:
- Developed the company’s name, logo and website located at [website]
- Determined the list of print services to be offered
- Determined equipment and inventory requirements
- Began recruiting key employees
[Company Name]’s Products/Services
We offer a long list of customer print products for the residents and businesses of [Location]. Some of these services include:
- Business cards
- Invitations
- Training materials
- Marketing materials
Customers can order their prints online or in our store. Depending on the service, we can complete their order in mere minutes or in a few days. Pricing will be dependent on what our customers need printed and how many copies they need.
III. Industry Analysis
Even in a digital age, custom print projects are still in high demand. Individuals may request custom printings for artistic projects, to create invitations to special events, or to help their career (such as ordering resumes or business cards). Businesses often need hundreds of copies of flyers, brochures, marketing materials, and other products to achieve their organization’s goals. If an individual or business does not have the equipment to create their prints, they seek the help of custom print shops.
According to Mordor Intelligence, the global commercial printing market was valued at $433.79 billion in 2021 and is expected to grow at a rate of 1.74% from now until 2027. This growth is due to increasing advertising needs of enterprises all around the world. Therefore, now is a great time to start a new print shop, as these services are in demand all over the world.
IV. Customer Analysis
Demographic profile of target market, customer segmentation.
We will primarily target the following three customer segments:
- Individuals : Individuals have many custom print needs. For example, they may need to print copies of their resume, business cards, or posters for artistic projects. Whatever our local customers need, we can make their visions a reality.
- Small businesses : Local small businesses have extensive printing needs but don’t always have the equipment to get the job done. Therefore, we expect much of our sales to come from local small businesses.
- Marketing teams : Marketing departments create a lot of custom prints and products. We expect that marketing departments that don’t have the equipment to print out their marketing materials will need our services.
V. Competitive Analysis
Direct & indirect competitors.
The following establishments are located within a ten mile radius of [Company Name], thus providing either direct or indirect competition for customers:
Fedex Print & Ship Centers Though Fedex is primarily known for its shipping service, the company has many print and ship centers that customers can send custom print jobs to. Customers can print out their projects at the self-serve computers or send an order online through Fedex’s website.
While Fedex will continue to be a successful business, it does not specialize in offering custom print orders. It is also not a very popular service, as most people just utilize Fedex to ship their packages. Therefore, we expect many people will be more inclined to hire our services over Fedex.
UPS Like Fedex, UPS is known for its popular shipping services. However, UPS also offers printing services. Customers can order prints for brochures, menus, posters, forms, letterhead, and more. UPS offers consultations at over 3,900 stores and provides thousands of templates online for those who want to order everything through the website.
Though UPS will continue to thrive, we will price our services more moderately than UPS. We expect many people will be more enticed to work with us because of our affordable pricing.
Joe’s Custom Prints Joe’s Custom Prints is one of the most popular printing shops in the [Location] area. Joe’s offers all the custom print jobs you can imagine, including flyers, posters, postcards, forms, and more. Once an order comes through, Joe’s guarantees that it will be finished within 48 hours or less.
While Joe’s Custom Prints will continue to be popular, it is located on the other side of town. Therefore, we don’t expect it to be a major competitor with us.
Competitive Advantage
[Company Name] enjoys several advantages over its competitors. These advantages include:
- Management : Our management team has years of print shop experience that allows us to serve customers in a much more sophisticated manner than our competitors.
- Relationships : Having lived in the community for 25 years, [Founder’s Name] knows all of the local leaders and newspapers. As such, it will be relatively easy for us to build branding and awareness of our store.
- High Quality Prints : Unlike most of our competitors, we specialize in providing high quality customer print jobs. The quality of our work will keep customers coming back with more projects.
VI. Marketing Plan
The [company name] brand.
The [Company Name] brand will focus on the company’s unique value proposition:
- High-quality printing services and products
- Fast completion and delivery of final print products
- Excellent customer service
Promotions Strategy
[Company Name] expects its target market to be residents living within a ten-mile radius. [Company Name]’s promotion strategy to reach these potential customers includes:
Website/SEO [Company Name] will develop a professional website that displays samples of the print products we can make. It will also invest in SEO so that the company’s website will appear at the top of search engine results.
Social Media [Founder’s Name] will create the company’s social media accounts and invest in ads on all social media platforms. The company will use targeted marketing to appeal to our target demographics.
Direct Mail [Company Name] will blanket neighborhoods surrounding its locations with direct mail pieces. These pieces will offer discounts and/or provide other inducements for people to visit the store.
Advertising [Company Name] will initially advertise in local newspapers and sponsor community events in order to gain awareness.
Ongoing Customer Communications [Company Name] will maintain a website and publish a monthly email newsletter to tell customers about new events, products, and more.
Pre-Opening Events Before opening the store, [Company Name] will organize pre-opening events designed for local merchants and press contacts to create buzz and awareness for [Company Name].
Pricing Strategy
[Company Name] pricing will be moderate, so customers feel they receive great value when utilizing our printing services.
VII. Operations Plan
Functional roles.
In order to execute [Company Name]’s business model, the company needs to perform many functions, including the following:
Administrative Functions
- Bookkeeping
- Website maintenance
- Hiring and training staff
Service Functions
- Custom print order fulfillment
- Customer service
- Payment processing/cashiering
- Maintenance functions
VIII. Management Team
Management team members.
[Company Name] is led by [Founder’s Name], who has considerable experience working at a print shop. For ten years, he has worked for a FedEx Print and Ship Center and thoroughly enjoyed creating custom print orders for his customers. He started out as an associate but worked his way into management, where he learned several aspects of running such a business. As such [Founder’s Name] has an in-depth knowledge of the print shop business including the operations side (e.g., running day-to-day operations) and the business management side (e.g., staffing, marketing, etc.). He will hire several other staff to help run the aspects of the business that he is unfamiliar with.
Hiring Plan
[Founder’s Name] will serve as the Store Manager. In order to launch the store, we need to hire the following personnel:
- Assistant Managers (2 to start)
- Store Associates (4 to start)
- Part-Time Bookkeeper (1 to start)
- Part-Time Administrative Assistant (1 to start)
IX. Financial Plan
Revenue and cost drivers.
The key revenues for [Company Name] will come from the fees we charge for our printing services.
The major cost drivers for the company will include equipment maintenance and purchasing, inventory costs, salaries, the lease, and marketing expenses.
Capital Requirements and Use of Funds
Key assumptions.
5 Year Annual Income Statement
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What is a Print Shop Business Plan? A business plan provides a snapshot of your print shop business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans. Why You Need a Business Plan for a Print Shop
Learn how to create a printing business plan with our guide, including key sections and a downloadable PDF template for reference.
A print shop business plan is a plan to start and/or grow your print shop business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.
To make a printing business successful, focus on high-quality products/services, excellent customer service, strong branding and marketing, staying updated with industry trends, building relationships, expanding service offerings, efficient operations, and continuous improvement.
Download our free printing press business plan template now and pave the way to success. Let’s turn your vision into an actionable strategy! How to Write A Printing Press Business Plan? Writing a printing press business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan: 1.
If you want to start a print shop or expand your current printing business, you need a business plan. The following Print Shop business plan template gives you the key elements to include in a winning printing company business plan.