Donate SIGN UP

Is A Number Plate Making Business Profitable

Avatar Image
Elley | 14:59 Sun 02nd Feb 2014 | Business & Finance
9 Answers
Thinking of starting a number plate making business thoughts guys ?
Gravatar

Answers

1 to 9 of 9rss feed

Best Answer

No best answer has yet been selected by Elley. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
You'd be in competition with the big boys, the chains such as Halfords. is there a market for yet another plate-making business? How would you be able to buy in the volume they can, to keep prices competitive?
House numbers?
You can buy them very cheaply now from Amazon. Have a look at some prices. Can you compete with those and make a profit?
Question Author
Wht business you guys suggest
Something you are good at and knowledgeable about, and you have researched the market
Question Author
Number plates go on ebay for 10 I can make them plus cost for 6
Is there much demand for number plates?
Remember that you must register your business and keep stringent record, it you are going to provide plates over the net you may have difficulty confirming your customers rights to use the plate they are requesting. There are some heavy fines if you do things wrong.

Bit of info here
https://www.gov.uk/register-as-number-plate-supplier
I wouldn't imagine it is not very profitable and would normally be an added revenue stream for a business with other interests rather than a single product, though I must admit this is just my gut reaction as I have no knowledge of the market I'm afraid.
-- answer removed --

1 to 9 of 9rss feed

Do you know the answer?

Is A Number Plate Making Business Profitable

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.