• Printing Business Plan

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Printing Business Plan

Printing business are diverse into various types such as sign printing, screen printing, t-shirt printing, printing on business cards, brochures, document and election ballots. One must find a niche in a specialised area rather than trying to be all thing to all people, where is success is target by the needs. For operating a printing business a few specialized equipment and software are required. The only major investment in this business is the printer and plenty of option on this printer are available.

Research you competitors and their equipment by visiting their place, website and know bout their service and where they are lacking. Draft a business plan, which will help in keeping the competition in the market. Writing business plan helps to understand, to visualize, to plan and to identify risks, even before making any investments in the business. Preparing a business plan involves detailed research so that all the aspects of the given business are evaluated and appropriate decisions are made.

According to IPAMA ( Indian Printing Packaging and Allied Machinery Manufacturers’ Association ) the domestic sales for the machine is doubled from Rs 6,800 crore in 2009-10 to Rs 13,500 crore in 2014-15. However, with in the industry the significant growth has been projected and India is still of the few growth market in print media. Priting business is the second largest industry in this sector after the TV. Concurrently, the industry is at 25% of the market and is except to rise by 2021 by 18%.

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All organizations are made up of group of capabilities that are coming from People, Processes and Systems. These capabilities are working together in a seamless manner to deliver the requisite capabilities to the customer. The various capabilities that need to be addressed in a printing business plan are given below:

People

Talent Managers, Artists And Repertoire Managers, Business Managers, Entertainment Lawyers, Music Journalists, Music Critics, Music Educators And Teachers, Musical Instrument Manufacturers; Songwriters And Composers, Sound Engineers, Booking Agents, Sub-agent, Distributors, Promoters, Road Crew, Publishers, Music Producers and PR.

Process

Label Management, Live Events Management, Artist Management, Copy Rights Law,Tour Management, Radio Station Management, Agency and Promotion Management.

Systems

Recording equipment is generally required for the Audio Recording it can be setup using Computer, DAW, Audio Interface, Microphones, Headphones, Studio Monitors, Cables, Microphone Stands, Pop Filter. Dedicates studio includes Desk/Workstation, Studio Chairs, Bass Traps, Acoustic Panels, Diffusers, Reflection Filters, Monitor Isolation Pads, Studio Monitor Stands, Rack Mount, Power Conditioner, Microphone Preamp, Monitor Management, Digital Converter.

Most of the businesses have professional bodies across the globe and being associated with these organizations tremendously helps in understanding the current trends in business. Some of the professional bodies are listed below for your reference:

Music industry association
Bailey House 4-10, Barttelot Road Horsham, West Sussex, RH12 1DQ

IFPI
6950, 7 Air Street, London, W1B 5AD United Kingdom

Cine Musicians Association
Crescent Towers, Plot No. 68, Off New Link Road, Near Infiniti Mall, Behind China 1 Restaurant, Andheri West, Mumbai 400053

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