Big businesses and successes in the business world often have small beginnings. Sometimes it is amazing what stood at the bottom of someone’s wealth. The fact is that if you are starting a private business, you probably do not have too much money and it is good to think about producing something that is in general and everyday use. Napkins, paper packaging for pastries, cardboard coasters and plates, plastic cups… these are all things we use regularly, almost without noticing them, but if we were deprived of them, we would realize how much we miss them. The use of such items is one-time and guarantees high turnover and demand.
Making plastic cups is a great idea for your own business. Their wide application, in all coffee shops, donuts shops, then in ice cream shops, public places, companies, surgeries, where there are water appliances… Not to mention private parties and children’s birthdays, where without plastic cups the party does not start.
How to start your own plastic cup business:
1. Make a business plan
This is an item where it is necessary to call in the help of experts. We cannot take some steps alone, but we must have certain investments at the very beginning, if we want to succeed. The business plan is an expert analysis of certain elements related to a specific project.
It deals with initial investments (potential investors, which we would like to stimulate, in order to invest in the development of our idea), then raw materials (procurement, recycling, quality control …), initial production capacity, distribution and sales, projected costs, expected income… These are crucial and essential issues and cannot be left to amateur approach or improvisation. A good start and a realistic assessment of the situation are important.
2. Research the market
We must be aware that there are very few complete innovations on the market. The world, for the most part, knows a lot, especially when it comes to something that has been produced and used for many years. If our idea is the production of plastic cups, then we must consider and take into account current market trends, its satisfaction with the product with which we perform, and new trends find a mandatory possibility of recycling and environmental protection.
It is good to offer something new, to update the functionality, appearance and quality, as much as possible. Your price must be competitive, especially in the beginning. The offer is large and diverse, and in order to break into the market, it is necessary to draw attention to the low price, then quality, originality and design.
3. Company registration
This item is implied. Your company must be officially registered and involved in all legal obligations. Of course, you will not do business in your garage, nor is it possible, with the idea of mass production of plastic cups. The legal regulations to which your company is subject will be a guarantee that you are a serious and credible phenomenon in the world of business. Business register of activities, will contain I Name of your company and description of its production.
4. Production machines
If you have secured startup capital, then you know how important the next step is. Buying quality machines for the production of plastic cups is something you must approach with the utmost seriousness. For a start, it is possible to buy used machines, which are on the market and are often of exceptional quality and preserved. And here you need a consultant, a mechanical or electronics engineer, who will inspect the machine, its guarantees and talk to the seller, from the aspect of an expert.
Depending on the budget, you will buy one or more machines, used or new, and so be one step closer to the beginning of production. But once-tech reminds you that you have to buy suitable machines and not just some similar ones, or you are risking the whole idea.
5. Raw materials
As important as machines are, so important are raw materials. Price, procurement, transport, availability on the market. These are all items about which you must have valid and timely information. In this case the raw material is Impact Polystyrene sheet. Then, you have to arrange adequate packaging, and sometimes the disposal of used glasses and their recycling, depending on the agreement with the user. Find out about raw material suppliers, sometimes it is better to pay a little more and have cooperation with responsible and credible companies, than to save, while having delays and irregularities in delivery.
For a new product on the market, a striking and interesting design is needed. Sometimes a little is enough, one effective slogan, illustration, case color … but it’s easier said than done. That’s why designers are needed in this field as well, they don’t have to be sounding names at the very beginning. Sometimes a good idea comes from our cousin designer or someone from our environment accidentally launches an absolute innovation. We need to refer to the already existing design solutions on the market, so as not to turn out to be ordinary plagiarists.
In essence, the best advertisement for your plastic cups will be what is in them. But often the symbiosis of these two elements is crucial. If you would sign a contract with a certain manufacturer of coffee, beverages, ice cream… then your glasses would have the logo of that manufacturer and so advertising and design would be a common concern at the start.
Although large manufacturers have well-trodden paths in all fields, they often want to increase their sales by looking for new names in the market and associating with them. In case you are an anonymous beginner and you need advertising, you will have to use social networks, flyers, posters and good old-fashioned visits to potential clients. Something will surely bear fruit.
Beginnings are known to be difficult and uncertain and can be frustrating. New jobs and ideas can draw strength and fatigue, but they bring incredibly good energy and a great feeling that you are doing something good and promising. You need to prepare for the thorns, but the stars are there too, sometimes very close. It will certainly be a complication and difficult moments, but a clear vision, realistic plan, perseverance and persistence have great chances to make your dreams come true. One day you will advise and teach someone how to start a new business and with it a new life.