How to Start a Printing Business from Home
One of the hippest trends today when it comes to venturing into business is a home-business because of its practical benefits to entrepreneurs.
If you are looking for ways to secure your family’s future, the business which is very ideal for you is the printing business from home.
The major advantage of this kind of business is the ability to cut a large amount of cost when it comes to renting an office or operation space. In order for you to finally get started in this business venture, you need to get the following: toner, paper cutter, paper, digital printer, checking account for business, doing business as and business filings. Of course the first thing which you need to prepare is the business plan which discusses all the issues and details concerning your business. After that, you can already precede to filing for the entity of your business by going to the website of Secretary of State.
How you can Start a Home Based Printing Business
The business structure that you must have is limited liability company (LLC) or sole proprietorship. But for you to makes sire which one is better for your business; you need to seek the assistance of a lawyer.
After making a decision on what is best for you, you can already file your Doing Business As. Since certain rules and regulations for your business are different in every state, you must know on how to do this. Actually, there are two ways in filing the Doing Business As: first is in the county level and the second one is just in the website of the Secretary of State.
Then, you have to open your business checking account. In doing this, you have to bear in mind to set apart the purchases and receipts from your own checking account. This is very important especially in tax matters because you can be unfortunately fined for combining the business and personal accounts. So, it is still much better for you to keep every transaction separate.
To get started in the operation, you have to purchase the printing equipments first. Having reliable software for printing is very important because this will help get the job done well. Today, one of the most famous software packages in the industry of print is Adobe Software Suite.
Since you are operating your business at home, you need to find a printer which ranges from $2500 to $15000 only. But still, you have to make sure that it will be able to produce a professional printing.
The toner is also very important. The common colors it has are black, yellow, magenta and cyan. You also need to stock it up on for preparation of emergency projects. In purchasing paper, makes sure that you also have stocks so that you don’t need to rush to stores even at wee hour of night.
The last part of your business process is of course marketing because you need to get the attention of more potential clients that need your printing service.
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