Challenges of Being a Stamp Maker

Challenges of Being a Stamp Maker

Company stamp in UAE means that the company is legit. Even though, UAE is said to be the best country for conducting all sorts of business activities. But there are some gruesome people who open fake companies and that is why since 2011, UAE has faced a lot of loss regarding finance. People used to create fake companies, show temporary successes and good income in the bank statements and then apply for a loan and then getaway with all the money. But now a days, there are strict laws for opening a business and one of many laws and rules is to have a company stamp.

Many companies open in a day in UAE this means that if you start a stamp making business, it can prove to be very beneficial for you. You can also start selling corporate gift items in Dubai as a side hustle under the same trade license. There are so many benefits of being a stamp maker like you can make good money, it requires less maintenance, it is an easy business, you have to hire less staff and so much more. But there are some challenges of being a stamp maker that you will learn here. The first challenge is that it is a slow profit earning business. There can be less competition but, you have to hire a lot of people to do your marketing and advertising like almost the door to door marketing strategy.

The second issue that you will see is about understanding the operating machine. There is less guidance on the internet about how to use the stamp making machine. It is expensive and if someone operates it badly, you can end up buying it again. This means that your stamp making machine is a liability and an asset as well. The next issue is that you will have to find a good location for the office.

Since the profit will be slow and the rent of a good office in a commercial area can be more, then you will need to look for a location that is visible and cheap at the same time. If you cannot find an office with these features then you might as well work from home and it can be very challenging because you have to shift the machine in the home and gain trust of the customers at the same time.