Pictures are used from ancient times to store useful information, memories and happiness in form of photos. Dear readers we are going to discuss picture framing business in this article ahed.
But you cannot put a photo on the wall or keep it on the shelf without any support,you need a frame to insert your photos in it. And these are the frames which increases the value of any painting or picture. The better your frame is, the better your photo will look, and a messy frame can make even your most beautiful photo or painting look bad. I presented with a new business article for you which is, picture framing business.
Frames play a more important role in the life of a person who is a photophile Making frames for pictures and framing photos is an art and anyone can learn that art with due efforts and time. People are already earning a huge amount of money by making picture frames and now you can do it too.
If you are planning to start a picture framing business, then be happy, because you are at the right place to acquire all the knowledge required to start a picture framing business.
In addition, If questions are arising in your minds then let them come, we are here to solve your queries. Are you thinking that what exactly you have to do in picture framing business? Then don’t worry, in photo frame business, you have to deliver framing services. You have to create creative photo frames and can show your creativity and make custom picture frames.
And, you can use different materials and experiment with something new to make a new discovery.
Let’s see,
How much it costs to start a picture framing business?
Some things which affects the cost involved in starting this business are as follows:-
- Cost of acquiring land
- The cost of material used in picture frames (moulding, matting, backing, etc.)
- Cost of shipping (if any)
- Labour cost
If you are making custom picture frames, then alongwith all these costs, the size also plays an important role in picture frames. But it is obvious that you have to invest a good amount firstly to earn heavy in future. It is recommended to provide the customer,best quality work at a much lower rates to make him your permanent source of earning.
Related: How to Start a Gift-Wrapping Business?
How much can you earn in picture framing business?
Earning money is one of the most important thing in business, to grow it, to expand it, to promote it. But it is also true that patience is the key to growth, you have to keep patience. In starting you may not get a lot of orders for picture frames or you cannot sell a lot of them in starting.
But when you give it some time, when you work collaboratively with photographers, galleries, artists and other picture framers, you will definitely get success in your way.
Collaborating with different businesses, agencies, organisations helps in showing your work on picture frames to people.
What are the skills and knowledge required to start your picture framing business?
A successful picture framing business will depends on the following four conventions.
1) A practical plan and a solid foundation
2) Serious dedication and willingness to sacrifice to reach your goal
3) Technical skills
4) Basic knowledge of management, accounting, record keeping, finance and market analysis.
Being in framing business requires to be careful while using cutting and sharp equipments. You must have to have a craft person’s talent and knowledge to do simple carpentry. Showing your creativity in aesthetic designs of picture frames can serve as a boost for your business. You have to master these skills and techniques if you want to successfully grow your business.
What are the advantages of picture framing business?
Some basic advantages of this business are as follows:-
1) There is a very low competition in this industry, so it is an opportunity for you to build a separate image of your business in the market.
2) If you are a creative person, then this business can earn you millions and even billions of dollars every year.
3) Your customers can also act as a source of marketing or advertisement in this industry. When you do quality work at low rates for your clients, they automatically tell others about it, due to which you will get your customers very soon.
What are the disadvantages of picture framing business?
Just as every thing has its merits, in the same way it also has some side effects.We will discuss some of the disadvantages of picture framing.
1) The cost of tools for making picture frames may disturb your cost involved and your budget.
2) If you do not have a team, then doing every step of making picture frame can consume a lot of your time. You may regret later to spend your time in more crucial aspect of business, such as approaching new clients, marketing, etc.
3) The customers may create controversies regarding the price once you complete their order of custom picture frames. If you are not a mentally strong person, then this behavior of them can ruin your mental peace.
Now, lets see how you can start your picture framing business, here is a complete step by step process to guide you through your journey.
And if you are struggling to find out the answers of these questions, then relax, we have done some research on the topics for your comfort.
How photo frames were made?
Photo frames are made according to the picture or painting which you have to fit in it.
Basically people cut down four broad sticks and then they show their skills and creativity on those logs of wood. When all the four logs are ready, the picture framer joints them with the help of glue or nails.
After fitting the picture or painting in the frames alongwith the glass, people attach a wooden cover at the back to protect the photo from backside. Further, they used to put a pin in the back cover so that the photo would not come out.
From which material the frames are made?
Traditionally, picture frames are made of different types of woods. It is because wood provides a protective layer to the picture or painting. Artists show their skills and creativity in painting and photographs with photo framers use their knowledge on wood to make it as eye catchy as it can be. Due to the mutual work of these two, we get to see a great picture in a great picture frame. But nowadays picture frames are often made with plastic or if somebody wants some more detailed and old look,then the use of metals is frequent in frames.
Metals such as bronze, silver and aluminum are used and stiff plastic such as polystyrene are used.
Popular Business: How to Start a Drop Shipping Business?
Which material is cost efficient in making picture frames?
Generally wood are used to make photo frames but using wood creates lots of waste and also reduces the profit margin of the manufacturer.Then comes the plastic frames, but they also looks very odd and are also small in size. But the frames which are made from synthetic PS moulding are very good to use. They look like wooden frames and have a lots of designs and in different sizes. Moreaver, they are very cost efficient in nature.
Acrylic are much cheaper than glass and can be used to reduce the cost.
What are the requirements to start a picture framing business?
The requirements you need to get started are:-
- A working bench or large table
- Tools such as cutter, glass cutter, matte, glue, nails, picture hangers, staplers, etc.
- Dry area, to store artworks and materials
- Good relationships with the dealers of raw materials
- Place to showcase your work
- Land, to build your store
1) Planning
Planning is important in every aspect of our life, whether you want to come first in any exam or you want to run a race, you have to do planning first. Now, as a thinker you are thinking about, what to plan to start a picture framing business.
Don’t worry, here are some questions you have to ask from yourself in planning your business.
- How photo frames were made?
- From which material the frames are usually made?
- Which material is cost efficient in this business?
- What are the requirements to start a photo frame business?
2) Registration
After planning you have to decide how you want to register your business. Registration is important for your business to create a brand name in the market. Registration protects your ownership rights of the land you have purchased or the shop you have rented or purchased. You can register your business as partnership firm, limited liability partnership, corporation, limited liability company, one person company or by any form you like.
Other Important Points Are
3) permits and licences
Permits and licences are very important if you want to carry on your business smoothly.
Failure in acquiring necessary permits and licences results in heavy fines for your business. You have to meet those businessmen who are in picture framing business from a long time, and then you have to ask them about the licenses and permits, how to acquire them, etc.
4) Insurance
An insured business can carry on its business activities with the headache of any kind of unexpected loss. There are several types of insurances depending upon the risk factors. But if you don’t know exactly which insurance you have to buy. Then you can go ahead with general liability insurance.
5) Hire employees
Now, when you have set up your picture framing business, it is the time to hire employees and grow your business. You don’t have to think hiring employees as a liability, because they are your investments. When they work for you by making picture frames, then you will get enough time to focus on more vital sectors in the business.
6) Build a website
Website building is a thing which almost every business owner does in starting or at the middle. Having a website is a great place to showcase your products, You can build a website by hiring a web developer or contacting to freelance website makers. And, you can put images of your completed work, satisfied customers, your best frames. So that if people like your work, then they can also order online your product, or they can visit your shop and this can be a great deal for you.
Related: How to Start a Successful Dance Studio Business Plan?
