Bussiness plan of photography Essay Example | Topics and Well Written Essays - 500 words

Bussiness plan of photography - Essay Example These include; increase in the flexibility of the business where by different colors of photos can be taken, different sizes, and different postures. The business also intends to employ experience and quality in order to attract and maintain many customers. The business also intends to expand and diversify its services such that it will be able to offer services such as printing of the photos, photo editing, framing and production. The business also intends to employ creativity and innovation in the business in order to come up with unique ideas. Photo-pix Studio aims at entering the international commercial photography market by the end of its third year in operation. Within these three years, the business also aims at having annual revenue of over $500 thousand. The business also aims at having wider market coverage with an established customer loyalty. Photo-pix Studio aims at serving a variety of customer (both businesses and individuals) in all their photography needs by creating excellent photos of a high quality and ensuring full customer satisfaction. Photo-pix Studio will be a sole proprietorship established within two miles from Berlin Side Walk. Start-up costs of the business include the licensing fees for obtaining the studio open space; marketing expenses in order to promote the business and rental fees for the studio. Other expenses include the acquisition of long-term assets such as cameras, flashes, lighting, tripods, and backdrops. Money for purchasing the assets and paying for the expenses will come from personal savings. If the personal savings are not enough, the business will take a long-term borrowing form a bank. The services to be offered by Photo-pix Studio include; full-time commercial photography, festive events photography services, Photo production, photo editing, framing photos, and digital editing work. The market for this business will include both business and