Digital Photography Printing Business Plan
You can use this particular Digital Photography Printing Business Plan as a guide and template to develop your own similar business idea. Mind you, the business owner was able to use this same business plan to obtain his desired loan amount from the CBN (AGSMEIS) Loan Program.
Digital Printing is one of the fastest developing segments of the entire printing industry thanks to the revolution of Digital Photography which has become a worldwide phenomenon mainly because of the internet. Moreover, the technological innovations, and the development of advanced digital infrastructures in the photo printing industry, has not only impacted the appreciation and increased usage of digital photography in several sectors, but has also enhanced the visual experience and communication of millions of customers all over the world. This has caused a global increase in demand for Digital Photo Printing to the extent that this industry was valued at USD 22.739billion in 2019 and is expected to reach USD 31.712billion by 2015, at a CAGR of 5.7% over the forecast period of 2020 – 2025.