The business idea is important to the economy in that it will provide employment to the citizens of a country and it will also aid in the acceleration of economic growth of that country. It will also improve the living standards of the people selling the idea and those using the product. The business will also be able to boot the business of other companies for example those selling printer consumables such as ink cartridge, printing papers among others.
One of the fields to venture in that would be able to generate greater amount of incomes to owners of the businesses or the selling and manufacturing companies of the labels is on the making of return address labels. Senders of letters and parcels are faced with a great problem of loss of parcels in case they end up to wrong destinations. For instance mails sent via the post office in case of their failure to reach their destinations and there is no return address that is provided on the mail. This mail may end up being regarded as a dead letter mail. The sender may not be able to know the details of mail delivery and this may cause him or her loses among other inconveniences. In order to solve this problem on delivery of parcels and mails, a label should be affixed on the parcel or letter usually showing the address; p.o box details of the sender, for example Jack and Jim Electronics Company Limited p.o box 34696, Nairobi-Kenya. Usually the details are placed on the left hand corner of the envelop or material to be labelled. This address may or may not contain the name of the sender. Companies could actually have pre-printed sheets of adhesive labels with the return address that is then fixed on the parcel to be sent.
The selling of address labels is also another form of product that can be offered by these businesses. For the sake of convenience and faster execution of activities of various business enterprises that require frequent labelling of products such as mails and other correspondences that they wish to send to their clients, the business can purchase the pre-printed labels containing their address details.
An investor in labels can venture into bar-code labelling which is still a field of labelling that can crown huge amounts of sales to the business owners. This type of investment will mostly seek to target people in both industrial and retail business. For example, they can target a supermarket that require the codes for determination of prices and also in determination of stocks sold by recording their serial numbers and their selling details. Industries will also use the bar-codes to number their products and thus be able to defend claims on counterfeit products among other benefits.