Business Plan for Ward's Event Photography Essay

The organization’s performance is very valued and the community is willing to support by hosting a three day event for which monetary support assist with expectation of continued future

There is a business I use to work for called Act 4 Photography; the business owner's name is Kim Roberts. Act 4 Photography would go to an event, set up back drops for people to pose in front of, take a variety of photographs upon request, bring the images up on a computer screen for approval, and offer 3 different sizes of good quality photo paper to print the images on. The good quality photo paper was stocked in 4x6 (small), 5x7 (medium) and 8x10 (large) size packages with 100 sheets in each package. He would bring one package of each to an average event and two packages of each to a large event. He would also bring the unused packages of each size used in prior events. The cost of goods sold is defined as "the total cost attributed to units

In order to grow her organization, our group advises that Ms. Thorne invest a total of R1 million in new additional facilities to double the operating capacity of the company. In order to grow the company and expand into foreign markets, the company needs to build another facility. It was made clear that the limiting factor in production is not the number of people, rather it is the fact that the old facilities have been outgrown. The way our group advises funding the building would be through debt. Using equity to finance the deal would likely mean giving up part of the company

Looking down the list, another thing becomes immediately clear — all of the events sound awesome.

By doing this, our clients can sit back and enjoy their event. The result? We create events suited to the couple's unique style--a true expression of their relationship and individuality as a couple. 2.1 Company Ownership This business will start out as a simple proprietorship, owned by its founders, Carol and Michelle Gautier. As the operation grows, the owners will consider re-registering as a limited liability company or as a corporation, whichever will better suite the future business needs. 2.2 Start-up Summary The company founders, Carol and Michelle Gautier, will handle day-to-day operations of the plan and will work collaboratively to ensure that this business venture is a success. We estimate that our start-up costs will be $3,000 (including legal costs, logo design, advertising, direct mail, and related expenses). An additional $5,000 will be required in the bank account as an operating capital for the first two months of operation. The start-up costs are to be financed in equal portions by the owners personal funds (i.e., Carol and Michelle Gautier are investing $4,000 each). Start-up Requirements Start-up Expenses Legal $200 Stationery etc. $450 Brochures $450 Consultants $0 Insurance $300 Rent $0 Research and development $200 Expensed equipment $900 Other $500 Total Start-up Expense $3,000 Start-up Assets Needed Cash Requirements $5,000 Other Short-term Assets $0 Total Short-term Assets

Confirm commitments of funding from investors to accommodate bank loan, (at least 20% of available funds in cash to secure loan for development and

Since the dawn of time, in one way or another, events have existed to mark an important occasion that is to happen. Celebrating the changing of seasons and phases of the moon are all events because it gathers people of a common interest to a specified place at a particular place. Although events have been around for many years, the 1990’s saw the events industry emerge. The events industry saw the growth of events related education in colleges and universities. At present times, events have grown in popularity to such a scale, that it is now a global industry. There are different types of event, which include social life cycle events, sporting, cultural, business and fundraising. Events can be divided in

For few people events are place of work while for others occasion is just a movement of recreation created to excite others. An event can keep going on for a few days or can likewise be of just a single day event. However in the event that the proprietor of the program and its coordinator consider the security of individuals and representative working for dealing with the occasion effectively. For the event to be successful and also fulfil its Vision and Mission statement the event organisation people have to plan every minute detail starting with the Budget and Accounting for the expenditure to the health and safety of people participating in the event, and finally post event sending out Thank you letter and messages to

We currently have a primary, secondary, and tertiary supplier for each purchase part. While labor is less than 6 combined hours per unit, we have 7 employees. We are in need of funds for this industry to take off and create inventory.

Hosting a photo contest. Everyone likes to win, so why not let our clients (and their friends) submit their best photos, and then select the winners? This can be a fun way to engage our target market

“According to the Bureau of Labor Statistics, the industry will be adding at least 31,000 new jobs between 2010 and 2020, a faster than-average growth rate of 44%” (“Fun”). The convention and event-planning industry is not an industry that quickly comes to mind when one thinks of employment groups. The studies shows that the convention and event-planning is time consuming but this particular caterogy of business will later help the business industry. The process of creating a successful convention takes time and effort.

The opportunity for a small start-up event photography service in this area is a good one. While there are several others in nearby towns, such as ARC Photos in Buena Vista and Avalos in Cañon City, WEP would be able to offer lower prices because it doesn't have the operating expenses the other companies do. Although there's no store front, that means there will be no building to rent or lease and maintain. Although there's no studio, that means there will be more capital available for travel to take pictures on location. Also, WEP will develop its own photos, thus saving time and money for developing; further reducing the price WEP will charge.

Main events of all types, especially game events, are fetching a major component in the modest collection of towns and their financial growth and vacation industry agencies. Main events bring public to the city, organize for attractions for citizens, and guarantee that the city 's name is outlined in the nationwide and worldwide broadcasting. But they also can include major organization asset in amenities and services, some of which influence narrow post-event service. This article debates some of the pros and cons of event hosting as a business strategy and recommends some valuable executive plans.

This business plan is ready to get financing in the amount of £24,000. Supplemental financing is needed to start the preparation of the onsite work and modifications, cover expenses and the purchase of equipment for the operation. The supplementary financing has already been defined has followed: (1) £24,000 from the Bank (2) £19,000 from the owner Bernis Tchimina (3) £36,000 from three investors (4) and £9,290 in a short-term loans forms.

Firms need assistance from the bank in form of funded or non funded facilities to meet their long term medium term or short term requirements.