The business will use only digital equipments such as digital cameras, high quality photo and tarpaulin printers. Not like the usual way of developing photos which uses negative films, our company will develop photos that came from digital cameras. Instead of using old fashioned films, we will print photos coming from the cameras memory cards like SD, miniSD, and other sorts of memory cards. Our photo studio also prints tarpaulin for larger images or banners that is mostly demanded by the customers nowadays. The studio also accepts customized business card for customers who have business of their own.
Crystal Eye Moments Studio promises its customers an excellent quality of printed pictures. For the photos more satisfying to the eye of the customers, the images are edited by an image editing software like Adobe Photoshop to make the image looks like its been shot by a professional. To sum it all up, in order to give our promise to the customers of crystal clear images, our business will use printers that are really suitable for printing pictures and using high-end color inks to maintain the clear quality of the printed photos. D. Highlights of Major Assumptions 1.
Market Projections In our business, Crystal Eye Moments Studio, projects in the market that as long as we continue to deliver our good quality of services, the business will still continue its development. We also project that we can still meet the demand of the customers if we maintain our excellent promotion of the services. Adopting the latest trends of technology in terms of digital printing will be applied in order that the business will not be left behind. 2. Market Share The business shares its latest trends when it comes to digital printing and photography.
Business Studies Customer Needs Essay
‘Lees Heginbotham & Sons Ltd ’provide floor covering and high quality carpets all over the UK. The services that it provides are: * free estimating, * free carpet removal, * a quality fitting to your standard * a free car park adjacent to the shop. * Competition? ‘Lees Heginbotham & Sons Ltd’ has quite a bit of competition. It is placed close to the ‘Spindles Shopping Centre’. Also there ...
We will show to the market our different techniques and styles of photography. The business will also share the latest design of graphic artists and restoration of aged pictures. The latest equipments that will be used will be considered as share to the market. The size of our business will be on the medium end for the reason that we are using high quality of digital equipments to meet the demands of our clients. The business also shares 50% of its profit to the market. 3. Market Prices The prices of the services will almost be the same as the other existing photo printing businesses.
Although it has the same selling price as the others, we ensure that we can deliver the best quality of digital printing. The price of our services is based on some of the prevailing printing businesses. These businesses will help us identify what will be our market price. 4. Investment Cost As a starting capital, we have an initial investment of Php. 1. 5M. This amount is needed on purchasing our equipments like computers, cameras, photo printers and other materials for the business. Also we determined the rents and other utilities that the business will pay upon its procedures.
And also for the salary and wages for the employees will be part of the initial capital. 5. Mode of Financing Our mode of financing will come from different factors. First, from the business itself, we finance our business coming from our income sales. Second, because the type of our organization is partnership, we will get the finances from the shares of the partners. And last, we can have loans from banks to provide our financing if necessary. E. Summary of Findings and Conclusions 1. Market Feasibility Nowadays, more printing firms are moving to digital printing technology to complement their existing offset printing facility.
Although some of the customers are still using offset printing technology, digital printing is emerging as an alternative technology for short-run and customized printing. Digital printing can produce high quality prints than offset printing. To some people, short-run printing costs much, does little and has no market. In the coming years, the printing industry will continue to change and will improve. The business proposal of digital printing needs different facilities and equipments in order to fulfill its supplies.
The Business plan on An appropriate generic strategy to position your printing business unit in its competitive environment
... Commercial Printing Industry Competitors to strengthen printing business in competitive market are:- Ø Printers Accutech infosystems Pvt. Ltd. Ø Dalven Digital Services ... collected within 60 days, and are sometimes financed. Equipment is often financed, or is leased. Presses have ... Some printers have difficulty maintaining adequate workplace air quality standards, and emit pollutants into the air, ...
Purchasing of up-to-date equipments will be relevant to go with the trend of technology and also to give high quality of prints. Crystal Eye Moments Studio’s objective is to give high quality of prints. Our business firm has the ability to deliver the benefits as same as our competitors. We also deliver services at a reasonable cost. 2. Technical Feasibility For our offered services, our photography service depends on the budget of our customers. Our customers can choose from the simplest to grandest depending on their demand as long as the service can provide.
We offer good quality of printed photos all in full colors. Crystal Eye Moments Studio will be located specifically at SM North EDSA Mall. The location seems to be ideal that we can attract more customers inside the area. And in terms of purchasing of raw materials, we don’t need to get far. The mall has stalls where we can purchase our materials. Digital printing basically needs materials related to it. From digital camera, photo printers, computer units, photo papers to tarpaulin. We will also need utilities such as electricity, computer terminals, lighting and air conditioning. 3.
Financial Feasibility To assume our total project cost, we consider different factors. We purchased different equipments in relation to our digital printing business. We also considered that even though the purchasing equipments are in high cost, they are good in terms of high quality. Included in our project cost is our location, its leasing process and also the salary and wages of our employees. Our digital photo printing business will be having a Php. 1. 5M initial capital investment. This initial capital will be used to purchase the equipments that the business will use to provide the services.
The Business plan on Training And Developement Learning Employee Employees
Training & Development When most people think of company training, the first thing that comes to mind is "inconvenience." Training conjures images of sudden scheduling; disruption of their personal life; travel; long, drawn out sessions and a sense of relief mixed with futility when it is over. Hardly the best mindset for learning! What is Training? Training, by definition, is: 1. To coach in ...
In our sources of financing, the business will depend at first on the amount contributed and shared by the partners of the organization. The firm will also apply bank loans as an additional source of financing. Chapter 2 General Information A. Management Projection 1. How the project shall be managed a. People Involve The proposed business is a digital printing studio which is managed by our studio manager and assisted by a supervisor; the work will be done by the photographers and graphic artists and the output will be checked by the supervisor and approved by the manager.
The cash flow of the organization will be monitored by the accountant. a. 1 Manager • Responsibilities The role of the manager is to execute and monitor business operations to ensure the quality of output. The manager will be the one who will set policies to keep the business firm in good condition. a. 2 Supervisor • Responsibilities The supervisor is the one who will check the status of work of the employees of the studio. It will monitor its employee’s way of handling the customers. a. 3 Photographer • Responsibilities The photographer will handle all the things that deal with the camera.
He will be the one and primarily takes the picture of the customers whether personal photos of ID picture. a. 4 Graphic Artist • Responsibilities The graphic artists are the one responsible in handling the editing of the photos taken by the photographer. He will also be the one who will edit if a walk-in customer wants to print its photos coming from their cameras of memory sticks. a. 5 Accountant • Responsibilities The accountant is the one who will monitor the cash flow of the studio and check its sales of the business. b. Type of business
In our project proposal, we chose Partnership as our type of business. Particularly, Partnership is an association of two or more persons who act as co-owners of a business. Each partner contributes money, property or service to their organization. Most partnerships have two partners. They are usually engaged in accounting, law, advertising, real estate and retailing. We choose this type of business because it is easy to organize. Not like the other types of businesses, partnership is relatively easy to form, much easier that a corporation.
The Business plan on Management Software Business Sage Ufsoft
Part 1: Background The Business environment consists of a microenvironment and macro-environment. The microenvironment comprises the forces close to company and affect its ability to serve the customers, such as suppliers, competitors, labour market, financial institutions, and etc. The macro-environment! ^0 can provide and overall picture of the variety of forces at work around an organization! ...
The availability of more capital and credit of partners can pool their resources, properties, and equipments. Others and can also use these for security in obtaining bank loans. Just like in sole proprietorship, the partners can get all the profits of their business. And in partnership, better business skill and knowledge can be obtained because each partner contributes his skills and knowledge to the organization. c. Organizational Chart 2. Skills of Workers Recruitment The Crystal Eye Moments studio maintains close communication with applicants to gain a full understanding of the company and business objectives.
Building a more efficient, effective and highly motivated team, which enhances the Crystal Eye Moment Studio’s competitive position. As a result it improves the employee morale reduced employee turnover, increased efficiency resulting in financial gains and training also develops the culture of self reliance among employees. The main purpose of formulating a training strategy is to answer two relatively simple but vitally important questions: (1) What is our business? and (2) What should our business be?
Equipped with the answers to these questions and a clear vision of the mission, strategy and objectives, a company can identify its training needs. The Crystal Eye Moment Studio’s training programs designed to consider the ability of our new employees to learn the material and to use it effectively, and to make the most efficient use of resources possible. It is also important that employees must identify and understand “what is the business? ” and “what should the business be? ” so they should be familiarize on how to run the business.
Employees must be motivated by the training experience. In view of the constant change in products, technology, policies and procedures in the world of business, and the Crystal Eye Moments Studio provides continual training since it is necessary to update knowledge and skills and with this training employees able to meet the changing demands. Employee failure in the program is not only damaging to the business but a waste of money as well. Selecting the right trainees is important to the Crystal Eye Moment Studio’s success of the program.
The Term Paper on Bus 375 Employee Training Week 5 Final Paper
BUS 375 Employee Training Week 5 Final Paper To Buy this Class Copy & paste below link in your Brower http://homeworklance.com/downloads/bus-375-employee-training-week-5-final-paper/ Or Visit Our Website Visit : http://homeworklance.com Email Us : [email protected] BUS 375 Employee Training Week 5 Final Paper Focus of the Final Paper Students may choose a final paper topic of their ...
Training discusses and teaches new employees how to use different software and facilities. The training will last only one (1) week. Compensation It’s important for us to give a lot of consideration to our business compensation structure because it ultimately reflects how we valued our employees. We valued our customers who stay in our business. For employees, compensation is the equivalent not to how they are paid but, ultimately, to how they are valued. We classified professional, management and other types of skilled jobs as exempt.
Exempt jobs get a salary, that is, a fixed amount of money per time interval, usually a fixed amount per month. It’s not uncommon for exempt positions to receive higher compensation and benefits than non-exempt jobs, although non-exempt jobs often can make more money than exempt jobs simply by working more hours. Crystal Eye Moments Studio’s employees are in the contractual basis. New employees will only undergo 6 months probation. So compensation process of the Crystal Eye Moments Studio is only in the cash wage basis.
Paying a wage is a standard practice of the business. Compensation not considered wages includes sickness and injury payments under a workers’ compensation law, and other payments that are likely to be tax deductible such as qualified moving expense reimbursements. Fringe Benefits Commissions are usually computed on a certain percentage or commission rate. Some commissioned employees may not be exempt from the minimum wage requirement. The business determines the regular, hourly rate or each non-exempt salesperson during the week and make sure this rate is at least equal to the current minimum wage. The Crystal Eye Moments Studio offers bonuses in many different ways. Some bonuses are based on profitable operations of the business and are paid at year-end. A common type of bonus may be offered to salespeople for selling a specific item. Another type of bonus plan, one that may be part of an employment agreement, pays managers if the yearly sales or profits reach a certain level. Fringe benefits include the following: Day off • Discounts on property or services • Christmas Bonus Other benefits will only acquire by the regular employees only. B. Status and Time Table of the Project For consecutive five years, market analyses should be performed in order to monitor the demand of digital photo printing business. Before starting the business, some strategies such as building the organizational structure, gathering financial sources, determining types of services to be offered and introducing our services to the market should first be implemented.
The Business plan on Business Model and Strategic Plan
For any journey the path must be defined with clear and recognizable details for it to be successful. The concepts of markers and landmarks which define the direction of a journey apply to that of any business. We need detailed plans and objectives as well as landmarks and directions we would like the business to travel. The objective of Two Brothers food truck is to create a trusted and popular ...
The planned target of sales increase should be on focused within almost a year after opening the business, we must add new service staff to be included in our organization. The second half of the five year plan will be to open another branch to accommodate customers on other area. To promote our expanding company online, we have to market it online, accepting transaction online will make our website productive. Market analyses should be considered every time, this will determine the implementation of agreed plan whether to pursue it or create other alternatives.
One solution we found is to introduce new services aside from those the company offered at that time. One of our major plan was to open the company for franchise since one of our objectiveness to expand. But we just want to establish the business more concretely and determine how competitive our business in the market before adding new organization as part of it. ———————– Accountant Supervisor Manager Photographer Graphic Artist