INVESTMENT IN PRINTING BUSINESS ACCOUNTABILITY AND PROFITABILITY

CHAPTER ONE

1.0   INTRODUCTION

Investment and the business idea. Having come out with a business idea, it is worth while to conduct investment in printing business.

It is very important that when it is time to make a decision an individual or group should examine series of factor before arriving at a final decision. Business or investment decisions are very delicate to deal with. This is because the continued existence of any business depends on how careful these running it affair are. One bad investment decision may result in a catastrophic situation for the company, the consequence of which may be liquidation.

An investment decision read a careful analysis of all dark portion surrounding the investment. By so doing, it is easy to know if the company should pump funds into the area of not.

However, a number of criteria may help in determining how viable the company into which and individual or group intends to invest. An investor will always good always be at hand to pump money into any strong company. This write-up intend to go into the rutting-gritty of ratio analysis to confirm the impact as a tool for investment decision making. This will be achieve through the use of various financial ratio to compete the viability or otherwise of a business sheet, profit and loss account, et. Using a specific company as a case.

Adequate consideration should be given to the product selected if the business is to make return of investment. Some of the importance criteria for product selection include market need, cost and availability of raw materials. Other are technology, personnel and legal frame work. A positive match between the idea and the entrepreneur is very important. Some investment project are not good for certain entrepreneur and vice versa. There is need to explore all area of generating venture ideas. The world today is in clear need of printing press establishment. This is as a result of past improvement in technology, information technology and increase in people’s guest for knowledge. Through printing, information and knowledge are passed from one person to another, one state to another and from one country to another printing encourage circulation of knowledge, presentation of vital information and spread of important information.

Printing business is a very common business in Nigeria. Today, Nigeria has so many printing establishment. Some of the establishment are into large scale etc. So many of the printing business we have today in Lagos are done on small scale level. Examples are those found at Ketu, Fadeyi, Somolu and Mushin areas of Lagos. The setting up of a printing business requires a through investment, the reason for carrying on the investment report are stated below:

i.        It ensures that on commencement of a project the expected revenue would be more than the project expenditure etc.

ii.       It assist to determine if the business will be profitable, viable and possible.

iii.      It will project and indicate the source of funds.

iv.      It will project the gestation period of the project after which the project starts to yield.

Apart from investment, starting the printing business. All necessary factors must be provided for proper implementation it, is very important in the printing business. All necessary factors must be provided for proper implementation. Every business establishment needs to have a proper cash flow analysis. Sources and use of funds is very important in the printing business.

Conclusion, proper record keeping is also important respect of printing business. All forms of records showing the record. For asset acquisition, current assets, stock and inventors etc.

You never can tell, your hobbies could be a way of making you a successful business man and business woman if only can turn he hobby to full time investment rather than spare time non-profit activity. There is need to use present market growth potential cost and risk as yardstick for evaluating product ideas.  For evaluating product ideas.

Many businesses fail because there is proper is no proper investigation in conducted before venturing into the business. The wrong nation is that “if Mr. Adedoyin market make it, I can also make it. This may not be true unless proper investigation is aviducted on such proposal.

For entrepreneur to succeed, it is import to look inwards into all the resources, be it men, materials, machine and even money.