Friday, 2 May 2014

BUSINESS PLAN - COMPLETE ASAP


Executive Summary
We are a partnership in event photography situated in Brighton. Although this is where the business will be based, we will target many different areas for an increase in clients.

Everyone needs photographs to capture the special moments in their lives; having a photograph will last forever. The business will cover events such as awards, conferences, dinners, exhibitions, networking, parties, PR events, production, and openings. We offer not only our photography service, but also video and stop motion. This will be very effective and popular at parties and outdoor evening events.

While nearly everyone has a camera to take snapshots, people do need professional quality photos, especially when they will be shown to an important audience or want to cherish a special moment. The Internet has also developed, making it easy to share or publish their photos for wide viewing. This will be exceptionally useful when it comes to word-of-mouth marketing.

Research
I have done some research on other businesses like mine and came across Rob Petherick. Rob is a commercial photographer, events photographer and portrait photographer in Brighton & SE England.

http://www.emmestphotography.co.uk

Owner’s Background
I want to run my own business because of how much independence and flexibility it gives you. You can control your own destiny and find the perfect life and work balance that suits you personally.  The ability to challenge myself and get things done quickly whilst connecting with clients, appeals to me the most in the work place.

Previously, I have worked in Marks&Spencer’s and Greggs. Both of these involved teamwork and independent work. I have gained many skills from working amongst the public such as confidence, customer skills, communication skills, and money handling. I also have skills with different design software’s such as Illustrator, Photoshop and InDesign.

I have also worked as a Promoter for Rough Hill Portsmouth. My job was to get people to the events and help with the event organisation. During this job, I became very confident because I had to talk to new people all the time and get myself known amongst the right audience. I had also used many creative skills to get the target audience’s attention.

My hobbies and interests consist of socialising with friends and being creative. I’m an active, out-going, sociable person and always enjoy doing something different and meeting new people.

Products and Services
We provide a variety of products to please our audience with. From photo booths to a professional photographer or video, the services are always correctly provided. Our photo booths are a fun feature to be included in events for parties or even informal dinners. You can hire them out for an evening and we will provide you with props and will place the booth in the event in advance, this is so that everything is set up correctly and securely.

For many other events, a more sensible service would be the professional photographer alongside the cameraman. This would then be edited and burned onto a CD, which you would then be able to keep for free and show to other people. This service is a good idea for charity events or meetings, to keep record of it and spread the word.

The Market
Our target market can range from international companies, to people simply hosting events. The age range of the market is 20-40 because we cater to both mature events and huge parties. We like to try and provide our services to a range of people and increase our clients.

Market Research
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Marketing Strategy
Word-of-mouth is the most important marketing strategy that we will use because it will gather more clients by having a positive response from previous events.

Competitor Analysis
One of our main competitors would be a company like Emmest Photography. They have many similar products such as the photo booth and 

Swot Analysis


Personal Survival Budget

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