How To Start Exercise Book Production In Nigeria | Profitable Business Idea
Today, you and I will quickly take a look at the topic “How To Start Exercise Book Production In Nigeria | Profitable Business Idea“.
This has become important as a result of the very many questions we have been receiving from our website viewers concerning the subject matter.
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Nevertheless, you shall get all of the information right here on this blog.
Without wasting much of your precious time, lets head to the topic “How To Start Exercise Book Production In Nigeria | Profitable Business Idea” proper.
How To Start Exercise Book Production In Nigeria
An exercise book or version book or copybook, however, it is called, is a necessary item used not just schools alone but in different workplaces needed for keeping records of business input and output, names of debtors, business plans, etc. aside from this, people find a lot of comfort putting their thoughts on paper also increasing the demand for exercise books.
Considering just the number of schools in Nigeria from the nursery till the tertiary Institutions of learning imagine the number of books consumed; if we say at least 30 individuals consume 10pages a day, you would also wonder the amount spent on buying these exercise books.
Exercise books go from the diary, minute books, jotters, etc coming in both thick forms, with different sizes and shapes.
Lots of cash is made In this business if you do not make substandard books. There might be a lot of entrepreneurs doing this business and making a lot of cash from it, but there is still an opportunity for new entrepreneurs too.
Production process
Production process here includes
1. The ruling of lines on the sheet
2. Folding to desired shapes
3. Cover printing, attachment or stitching
4. Cutting or brushing
Anyone can start this business with a small amount of capital and start producing for both generalize and customized exercise books as many institutions perform customized books. It will bring more profit to you if you start with prospective investors who want customized books.
How to start exercise book production
Undertake Research
Research is needed. During your research you begin to know the type of people who are in the business, how they are able to get capital, which people they produce for, where they get raw materials from etc. Your research puts you on a good start
Be an intern
After getting to your market research, you need to know some practical things about the business, things like how to the machines are being operated as well as various measurements and dimensions used in the business, and other things that may interest you,
Business plan
Like I always say a business without a business plan cannot grow effectively. Business plans are checks and balances to your business, It’s either you write your business plan yourself or you pay someone to do it.
Choose a suitable location that gives buyers free access to your business place
Purchase your equipment
Cutting machine, printing machine, plant, air condition or fans and other equipment
Hire an employees
Hire Employees to assist you because of the too many machines and the activities used to perform the production of these books. The employees you hire has a very high effect on the growth of your exercise book production business
Start production
After going through those steps you may Now begin your production process. Do well not to produce substandard books as this attracts the customers. The first batch of exercise book you will make take it and compare it with that of your competitors to get better results
Advertise your book production business
Advertise your book production business by making complimentary cards, advertising on TV, newspapers, posters, handbill, you can make ad at a site most visited by people for advertising your business online, show your samples to friends to show to other persons that need books so as to purchase from you
That’s the much I can take on the topic “How To Start Exercise Book Production In Nigeria | Profitable Business Idea”.
However, if you need any more information concerning this, do not hesitate to drop your questions in the comment box.
Thanks For Reading
O3SCHOOLS TEAM
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