SlideShare a Scribd company logo
1 of 2
BUSINESS PLAN
Executive summary
Scarlett SFX will supply small and developing indie artists and
studios, both local and international with professionally
commissioned original SFX prosthetics. I want to make those who
contact my company know that they are a top priority, and the
customer service and quality of the product would have them
commission me again for future projects.
Business overview
Concerning practical
special effects and
prosthetics that are for
sale on online stores,
they are all very uniform
and you know what to
expect when you look
on their websites, such
as a generic bullet
wound, scratches,
scars, etc. I want to
combat this
overwhelming presence
of unoriginality in the
market with the
business.
Sales and marketing
The way that I would market the company
would be through social media and once I have
built up a substantial customer base, I would
then also work to promote the company through
them as well.
Social media platforms are very useful when
trying to promote your work and your company,
as they reach very large and diverse audiences
from all over the world. The company is quite
niche, and it would not get very far if I didn’t use
social media or the internet to attract clients.
Finances
My only income from this company would be
from my commissions. This income will fluctuate
depending on what the client wants, as I don't
want to set specific prices and have a customer
feel as if they've been betrayed and paid more
than they should have. The prices of my work will
be dependent on the time taken, resources used,
and the effort that has gone into making the
piece. Tying into planning, I will need to have a
set amount of finances available for me to invest
into my company during its early stages where it
is needed, for example if I run into a shortage of
supplies or there is an exceptionally tasking
project that will require more than what I have on
hand. Without these backup finances, the
business could be susceptible to bankruptcy
before it is given the chance to grow.
Planning
I will need to regularly and
thoroughly plan out how long I will
be working on each specific
customer request. If I spend too
long on one piece, I can potentially
lose customers who are waiting to
commission me. On the other
hand, I can't compromise the
quality of the product by speeding
through the creation process. I will
need to ensure that I have the
correct insurances for the business
to protect it and myself from any
legal action or financial issues.
Staff and management team
I want my company to be a
personal venture, and so I
would be the only person
working in my business.
Having no other employees
would work in my favour
financially as there would
then be less company
expenses such as insurance
and salaries. Having no
extra employees also
reduces conflict, as I want
the customers opinion to be
the most important one
when I’m creating their
Operations and resources
To make the company function, I would need the
proper technical equipment. Such equipment
would consist of a professional drawing tablet so
that I can create rough sketches of the
commissioned product that I’m working on. This
item would be key so that there is a minimal
amount of materials wasted when creating the
products. I would also need a sufficient amount of
experience with different mediums, such as liquid
latex and silicone. When purchasing resources, I
would need to research suppliers to check that
they are businesses that I am okay with supporting
financially through my purchases. I will need to find
a supplier whose products are high quality, so
finding an extremely affordable supplier won’t be
top priority.
product.
My company logo that I created on Photoshop:
This image will be used as the logo for my website This will be the logo used everywhere else

More Related Content

What's hot

Is Branding Really Important for your Business?
Is Branding Really Important for your Business? Is Branding Really Important for your Business?
Is Branding Really Important for your Business? DMS Design
 
How i came to retainment
How i came to retainmentHow i came to retainment
How i came to retainmentdmitleonov
 
1 business plan questions 2
1 business plan questions 21 business plan questions 2
1 business plan questions 2Sultan Idriss
 
THE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICS
THE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICSTHE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICS
THE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICSRaquel Shirazi
 
Dear Human Resource Department
Dear Human Resource DepartmentDear Human Resource Department
Dear Human Resource DepartmentEfrain Benitez
 
Facebook marketing company
Facebook marketing companyFacebook marketing company
Facebook marketing companyAbacus
 
Your Branding Questions Answered
Your Branding Questions AnsweredYour Branding Questions Answered
Your Branding Questions AnsweredMasterBizCoach
 
3 Things You Should Look For in a Creative Partner
3 Things You Should Look For in a Creative Partner3 Things You Should Look For in a Creative Partner
3 Things You Should Look For in a Creative Partnerjerianasmith
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
EntrepreneurshipMaryam Khan
 
Fashion Jobs Central | Fashion Internships | Fashion Designer Jobs
Fashion Jobs Central | Fashion Internships | Fashion Designer JobsFashion Jobs Central | Fashion Internships | Fashion Designer Jobs
Fashion Jobs Central | Fashion Internships | Fashion Designer JobsJonathan_ht
 

What's hot (18)

Is Branding Really Important for your Business?
Is Branding Really Important for your Business? Is Branding Really Important for your Business?
Is Branding Really Important for your Business?
 
How i came to retainment
How i came to retainmentHow i came to retainment
How i came to retainment
 
Writing a business plan
Writing a business planWriting a business plan
Writing a business plan
 
Best entrepreneur
Best entrepreneurBest entrepreneur
Best entrepreneur
 
Best entrepreneur
Best entrepreneurBest entrepreneur
Best entrepreneur
 
Cover Letter
Cover LetterCover Letter
Cover Letter
 
1 business plan questions 2
1 business plan questions 21 business plan questions 2
1 business plan questions 2
 
THE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICS
THE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICSTHE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICS
THE ART OF BUSINESS CARD MARKETING BY RUSH HOUR PRINTING AND GRAPHICS
 
Dear Human Resource Department
Dear Human Resource DepartmentDear Human Resource Department
Dear Human Resource Department
 
Facebook marketing company
Facebook marketing companyFacebook marketing company
Facebook marketing company
 
Your Branding Questions Answered
Your Branding Questions AnsweredYour Branding Questions Answered
Your Branding Questions Answered
 
3 Things You Should Look For in a Creative Partner
3 Things You Should Look For in a Creative Partner3 Things You Should Look For in a Creative Partner
3 Things You Should Look For in a Creative Partner
 
My company
My companyMy company
My company
 
Personality Report
Personality ReportPersonality Report
Personality Report
 
Employer Branding Strategy
Employer Branding StrategyEmployer Branding Strategy
Employer Branding Strategy
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Fashion jobs
Fashion jobsFashion jobs
Fashion jobs
 
Fashion Jobs Central | Fashion Internships | Fashion Designer Jobs
Fashion Jobs Central | Fashion Internships | Fashion Designer JobsFashion Jobs Central | Fashion Internships | Fashion Designer Jobs
Fashion Jobs Central | Fashion Internships | Fashion Designer Jobs
 

Similar to Mock business plan 1

You’ve Decided to Outsource a Marketing Project – Now What?
You’ve Decided to Outsource a Marketing Project – Now What?You’ve Decided to Outsource a Marketing Project – Now What?
You’ve Decided to Outsource a Marketing Project – Now What?ClearEdge Marketing
 
7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...
7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...
7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...Mike Doherty, PMP
 
10½ ways patent attorneys in europe can make themselves more attractive
10½ ways patent attorneys in europe can make themselves more attractive10½ ways patent attorneys in europe can make themselves more attractive
10½ ways patent attorneys in europe can make themselves more attractiveDouglas McPherson
 
How to convert your ideas to business
How to convert your ideas to businessHow to convert your ideas to business
How to convert your ideas to businessOpeyemi Praise
 
10 things to Consider Before Engaging an Agency Partner
10 things to Consider Before Engaging an Agency Partner10 things to Consider Before Engaging an Agency Partner
10 things to Consider Before Engaging an Agency PartnerJacqueline (Jaci) Burns
 
How to convert your ideas to business
How to convert your ideas to businessHow to convert your ideas to business
How to convert your ideas to businessOpeyemi Praise
 
5 advantages of having good reputation
5 advantages of having good reputation5 advantages of having good reputation
5 advantages of having good reputationLeo Vidal
 
How to recruit or poach employee from competitors company
How to recruit or poach employee from competitors companyHow to recruit or poach employee from competitors company
How to recruit or poach employee from competitors companyWisestep blog
 
Sales training for an IT consulting firm
Sales training for an IT consulting firmSales training for an IT consulting firm
Sales training for an IT consulting firmAllied Consultants
 
Golden Propeller Presentation 2009
Golden Propeller Presentation 2009Golden Propeller Presentation 2009
Golden Propeller Presentation 2009Futurelab
 
Starting a business
Starting a businessStarting a business
Starting a businessAmberDocwra
 
Things to Consider when Choosing the Right Outsourcing Provider | Staff Boom
Things to Consider when Choosing the Right Outsourcing Provider | Staff BoomThings to Consider when Choosing the Right Outsourcing Provider | Staff Boom
Things to Consider when Choosing the Right Outsourcing Provider | Staff BoomDiana DePaola
 
12 steps tostart
12 steps tostart12 steps tostart
12 steps tostartAli Kamran
 
Elements of a Business Plan
Elements of a Business PlanElements of a Business Plan
Elements of a Business PlanPaula Chapman
 
How to Choose the Right Social Media Agency for Your Business.pdf
How to Choose the Right Social Media Agency for Your Business.pdfHow to Choose the Right Social Media Agency for Your Business.pdf
How to Choose the Right Social Media Agency for Your Business.pdfSarah Boyer
 
Prospecting to Sales Conversion
Prospecting to Sales ConversionProspecting to Sales Conversion
Prospecting to Sales ConversionMANOJ PAUL
 

Similar to Mock business plan 1 (20)

SAM objectives
SAM objectivesSAM objectives
SAM objectives
 
You’ve Decided to Outsource a Marketing Project – Now What?
You’ve Decided to Outsource a Marketing Project – Now What?You’ve Decided to Outsource a Marketing Project – Now What?
You’ve Decided to Outsource a Marketing Project – Now What?
 
7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...
7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...
7 Key Questions to Ask when Outsourcing Your Business Process - Understanding...
 
10½ ways patent attorneys in europe can make themselves more attractive
10½ ways patent attorneys in europe can make themselves more attractive10½ ways patent attorneys in europe can make themselves more attractive
10½ ways patent attorneys in europe can make themselves more attractive
 
How to convert your ideas to business
How to convert your ideas to businessHow to convert your ideas to business
How to convert your ideas to business
 
10 things to Consider Before Engaging an Agency Partner
10 things to Consider Before Engaging an Agency Partner10 things to Consider Before Engaging an Agency Partner
10 things to Consider Before Engaging an Agency Partner
 
How to convert your ideas to business
How to convert your ideas to businessHow to convert your ideas to business
How to convert your ideas to business
 
Company profile dubai
Company profile dubaiCompany profile dubai
Company profile dubai
 
5 advantages of having good reputation
5 advantages of having good reputation5 advantages of having good reputation
5 advantages of having good reputation
 
Website content & criteria
Website content & criteriaWebsite content & criteria
Website content & criteria
 
How to recruit or poach employee from competitors company
How to recruit or poach employee from competitors companyHow to recruit or poach employee from competitors company
How to recruit or poach employee from competitors company
 
Amscope
AmscopeAmscope
Amscope
 
Sales training for an IT consulting firm
Sales training for an IT consulting firmSales training for an IT consulting firm
Sales training for an IT consulting firm
 
Golden Propeller Presentation 2009
Golden Propeller Presentation 2009Golden Propeller Presentation 2009
Golden Propeller Presentation 2009
 
Starting a business
Starting a businessStarting a business
Starting a business
 
Things to Consider when Choosing the Right Outsourcing Provider | Staff Boom
Things to Consider when Choosing the Right Outsourcing Provider | Staff BoomThings to Consider when Choosing the Right Outsourcing Provider | Staff Boom
Things to Consider when Choosing the Right Outsourcing Provider | Staff Boom
 
12 steps tostart
12 steps tostart12 steps tostart
12 steps tostart
 
Elements of a Business Plan
Elements of a Business PlanElements of a Business Plan
Elements of a Business Plan
 
How to Choose the Right Social Media Agency for Your Business.pdf
How to Choose the Right Social Media Agency for Your Business.pdfHow to Choose the Right Social Media Agency for Your Business.pdf
How to Choose the Right Social Media Agency for Your Business.pdf
 
Prospecting to Sales Conversion
Prospecting to Sales ConversionProspecting to Sales Conversion
Prospecting to Sales Conversion
 

More from RobynScarlett2

More from RobynScarlett2 (6)

Cyclops transcript (2)
Cyclops transcript (2)Cyclops transcript (2)
Cyclops transcript (2)
 
Business pitch
Business pitchBusiness pitch
Business pitch
 
Finances for company
Finances for companyFinances for company
Finances for company
 
Business model
Business modelBusiness model
Business model
 
Creative cv
Creative cvCreative cv
Creative cv
 
Lesson 1 power point
Lesson 1 power pointLesson 1 power point
Lesson 1 power point
 

Recently uploaded

Blooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxBlooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxUnboundStockton
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfUjwalaBharambe
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxJiesonDelaCerna
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.arsicmarija21
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxiammrhaywood
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxRaymartEstabillo3
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitolTechU
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...JhezDiaz1
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentInMediaRes1
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...jaredbarbolino94
 

Recently uploaded (20)

Blooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxBlooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docx
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptx
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptx
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media Component
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...Historical philosophical, theoretical, and legal foundations of special and i...
Historical philosophical, theoretical, and legal foundations of special and i...
 

Mock business plan 1

  • 1. BUSINESS PLAN Executive summary Scarlett SFX will supply small and developing indie artists and studios, both local and international with professionally commissioned original SFX prosthetics. I want to make those who contact my company know that they are a top priority, and the customer service and quality of the product would have them commission me again for future projects. Business overview Concerning practical special effects and prosthetics that are for sale on online stores, they are all very uniform and you know what to expect when you look on their websites, such as a generic bullet wound, scratches, scars, etc. I want to combat this overwhelming presence of unoriginality in the market with the business. Sales and marketing The way that I would market the company would be through social media and once I have built up a substantial customer base, I would then also work to promote the company through them as well. Social media platforms are very useful when trying to promote your work and your company, as they reach very large and diverse audiences from all over the world. The company is quite niche, and it would not get very far if I didn’t use social media or the internet to attract clients. Finances My only income from this company would be from my commissions. This income will fluctuate depending on what the client wants, as I don't want to set specific prices and have a customer feel as if they've been betrayed and paid more than they should have. The prices of my work will be dependent on the time taken, resources used, and the effort that has gone into making the piece. Tying into planning, I will need to have a set amount of finances available for me to invest into my company during its early stages where it is needed, for example if I run into a shortage of supplies or there is an exceptionally tasking project that will require more than what I have on hand. Without these backup finances, the business could be susceptible to bankruptcy before it is given the chance to grow. Planning I will need to regularly and thoroughly plan out how long I will be working on each specific customer request. If I spend too long on one piece, I can potentially lose customers who are waiting to commission me. On the other hand, I can't compromise the quality of the product by speeding through the creation process. I will need to ensure that I have the correct insurances for the business to protect it and myself from any legal action or financial issues. Staff and management team I want my company to be a personal venture, and so I would be the only person working in my business. Having no other employees would work in my favour financially as there would then be less company expenses such as insurance and salaries. Having no extra employees also reduces conflict, as I want the customers opinion to be the most important one when I’m creating their Operations and resources To make the company function, I would need the proper technical equipment. Such equipment would consist of a professional drawing tablet so that I can create rough sketches of the commissioned product that I’m working on. This item would be key so that there is a minimal amount of materials wasted when creating the products. I would also need a sufficient amount of experience with different mediums, such as liquid latex and silicone. When purchasing resources, I would need to research suppliers to check that they are businesses that I am okay with supporting financially through my purchases. I will need to find a supplier whose products are high quality, so finding an extremely affordable supplier won’t be top priority.
  • 2. product. My company logo that I created on Photoshop: This image will be used as the logo for my website This will be the logo used everywhere else