Wondering how to start a packaging and shipping services business? We take you step-by-step from start to success.
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How to Create a Winning Packaging & Shipping Services Company Business Plan
If you've done your homework, you already know that writing a business plan is the most critical thing you can do for your company.
Although it might seem like an unnecessary formality, your packaging and shipping services company's business plan is a document that will shape your goals and strategies on a go-forward basis.
Furthermore, a good business plan will help you avoid key startup mistakes. Lacking a solid business plan, many startups find themselves rudderless and incapable of executing consistent decision making processes, while committed business planners rely on their plans to guide all of their decision making and short-term planning efforts.
Well in advance of opening a packaging and shipping services business within your community, it's a smart move to see how you will fit in the competitive landscape. We've provided the link below to help you get a list of local competitors nearby. Just enter your city, state and zip code to get a list of packaging and shipping services businesses in your community.
Gain a knowledge of how existing firms have positioned themselves in the marketplace, and then design your business in a way that sets you apart from the others.
Getting Advice from Experienced Entrepreneurs
After you've evaluated your local competitors, it's essential that you speak with somebody who is already in the business. If you think owners of nearby packaging and shipping services businesses will give you advice, think again. Why would they want to educate a future competitor?
Thankfully, an owner of a a packaging and shipping services business outside of your community may be willing to share their entrepreneurial wisdom with you, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
Where can you find somebody who runs a packaging and shipping services business in another community?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Acquisitions vs. Startups
Unfortunately, many inexperienced packaging and shipping services business entrepreneurs approach ownership with the mistaken idea that a startup is their only option when they could also pursue a business acquisition.
Except for scenarios that require extreme innovation or highly unique value propositions, it's usually less risky to buy an existing packaging and shipping services business.
An acquired packaging and shipping services business is a known quantity; a startup is less certain because its forecasts depend on estimated outcomes. The key is to locate a business-for-sale that closely matches your ownership philosophy and professional objectives.
Franchising May Be a Better Way to Go
There are myriad advantages associated with opting to buy a franchise.
If you planning on starting a packaging and shipping services business, you would be wise to determine whether there are good franchise opportunities available that might simplify your entering the business.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These interviews should be of interest to you.
These additional resources regarding starting a business may be of interest to you.
If you currently own a packaging and shipping services business, these resources will come in handy:
If you sell to packaging and shipping services businesses, you're in the wrong place. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.