How To Start A Passport Or Photography Business In School As A Student Or As A Source Of Income Personally

As a student especially in Nigeria maybe you have little money from the savings you make from the little money your parents give to you and you need to know how to invest it safely.

In this free tutorial I will be giving you tips on how to set up a passport photography business in your campus or anywhere you feel it will be profitable to do so.

Virtually everything one does these days passport is required for identification purposes but people neglect this business because they feel it’s a small business or the business of passport photography is not profitable but I in this post you will understand how this business is highly profitable and notice you have been missing a lot if you are not already in the business.

Passport business is almost risk free as the profit margin is high as well as the demand for the service.

To set up the business all you need is cloths with different colors (white, Yellow, Blue etc) for background, Passport Printer, Ribon (ribbon comes with the paper to print the passport), a little camera with sharp production which is not expensive. Then look for a corner in your school to make a stand and the business will kick off. You can also include this business into your existing business without stress or occupying much space.

Before you buy a passport printer if you are on a low budget make sure you buy the one with rechargeable battery as the one without rechargeable battery will require you to purchase a generator unless you are in an environment that have constant electricity.

Profit margin:

Passport paper comes in 50 pieces and you buy the fifty pieces N2400 . 2400/50 =N48 per piece.  And you snap a customer with one piece for  N350 which means your profit per one is N302x50 =N15100 profit per packet with ribbon you bought for just N2400. and you can finish one packet per day if there is something people are doing in your location that requires passport. That means you will be making N15100 per day.

Do you still need anyone to convince you there is profit in this business? The setup capital can be recouped in a month with profit.

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