Most people want gifts to be wrapped for various occasions like birthdays, Christmas, Hanukkah, Valentine’s Day, anniversaries, weddings, farewells, baby showers, etc. They are ready to pay a good amount if they get quality service at their convenience and within their time limit. Not only this, but it is also a very creatively satisfying business. Hence, if you are planning to start a gift wrapping business, it can prove to be a highly profitable venture.
Have a business plan in place before starting any kind of business. Start with a trendy name for the business which you will have to register as ‘doing business as.’ You will have to determine if you will start the business at home or get a proper business place. Also, you will have to decide about the budget of investment and where you will be sourcing it from. You will also need a marketing strategy in place that will help you get maximum customers. Also, conduct a market research and try to study the rates of competitors before you decide on yours.
It is highly advisable that you get training for understanding various kinds of gift wrappings. You can do this by attending classes or watching online videos and DVDs. Remember that no one will shell out a good amount of money for an unprofessional wrapping that resembles something that their 5-year-old child could have done. Also, wrapping asymmetrical shapes requires special practice. To add a sophisticated and professional touch to your business, it is advisable to get trained. You can even work with a person who is into a similar venture to gain knowledge about the different types of gift wrappings.
You will have to source supplies like different types of wrapping papers with prints for various occasions and target customers. For example, you will have to get cartoon wrapping papers for children or cosmetic-imprinted ones for teenage girls. You can also have Christmas specials. Have sophisticated ones for weddings, baby showers, etc. For corporate gifts, get neutral shades. You can also get plain wrapping papers, organza, and tissue. You will also have to add ribbons and trims of various colors, sizes, prints, and shapes. Getting ribbons and trims in colors which will go with all neutral ones can help save on costs. Don’t buy gaudy paper colors and designs. You will also need scissors, tissues, cellophane, clear tape, etc. If you are planning to attach small figures like Christmas trees, stars, Santa Claus, etc., you can buy those as well. One of the most important things to order is boxes in various shapes and sizes for fitting all the gifts comfortably, especially the asymmetrical ones.