How to Start an LED Sign Business

How to Start an LED Sign Business

Signage is an effective way to advertise and market businesses and promotions. LED signs put your message in colors and lights for an attractive and illuminating marketing tool. Some LED signs are programmable and scroll information such as specials, hours of operation and other special messages, while others may flash to garner more attention. If you have an interest in the LED industry, your own sign business may be the profitable and fun venture you've been looking for.

Instructions
1
Develop a business plan. Creating a business plan is a vital step in the creation of your LED sign business. Your business plan should include an overview of your business, expected profits and plans for the future. The U.S. Small Business Administration website provides useful information for developing an accurate and complete business plan.

2
Register your business. For tax purposes, you will need to register your business with your state's Secretary of State office, and request an Employer Identification Number from the Internal Revenue Service.



3.Determine your location. Your location should be large enough to store inventory and allow room for expansion if necessary. For those who operate small operations, an LED sign business may be able to be run from your home.

4
Seek financing. Financing can be found in several places. Traditional bank financing, loans from family and friends and your own savings should all be considered. A complete and accurate business plan will be required for traditional bank financing.

5
Secure product. Wholesale LED suppliers can be found online. Reviewing product offerings and paying attention to the "best sellers" will help provide you with some basic information for the types of signs that may work well for your LED sign business.

6
Market your business. The primary audience for your signs will be local businesses, both new and established. Create a brochure or catalog with some of your favorite, and most profitable, LED signs and hand deliver them to businesses in your area.


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