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    Business Communication Business Plan

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    Manas Mhatre
    This business plan is for a proposed photography studio called Rock Studios. The plan outlines startup expenses totaling $196,000 which include legal fees, permits, rent, marketing, and studio build-out costs. An additional $200,000 is required for startup assets such as cash, current assets, and long-term photography equipment. In total, $396,000 is required to launch Rock Studios. The marketing strategy includes email marketing, business networking, and web marketing. Projected profits are expected to remain consistent with costs not directly related to sales, though profit may drop in the second year as capacity increases in preparation for future growth.

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    Business Communication Business Plan

    Uploaded by

    Manas Mhatre
    32 views8 pages
    This business plan is for a proposed photography studio called Rock Studios. The plan outlines startup expenses totaling $196,000 which include legal fees, permits, rent, marketing, and studio build-out costs. An additional $200,000 is required for startup assets such as cash, current assets, and long-term photography equipment. In total, $396,000 is required to launch Rock Studios. The marketing strategy includes email marketing, business networking, and web marketing. Projected profits are expected to remain consistent with costs not directly related to sales, though profit may drop in the second year as capacity increases in preparation for future growth.

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    business plan

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    This business plan is for a proposed photography studio called Rock Studios. The plan outlines startup expenses totaling $196,000 which include legal fees, permits, rent, marketing, and studio build-out costs. An additional $200,000 is required for startup assets such as cash, current assets, and long-term photography equipment. In total, $396,000 is required to launch Rock Studios. The marketing strategy includes email marketing, business networking, and web marketing. Projected profits are expected to remain consistent with costs not directly related to sales, though profit may drop in the second year as capacity increases in preparation for future growth.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    32 views8 pages

    Business Communication Business Plan

    Uploaded by

    Manas Mhatre
    This business plan is for a proposed photography studio called Rock Studios. The plan outlines startup expenses totaling $196,000 which include legal fees, permits, rent, marketing, and studio build-out costs. An additional $200,000 is required for startup assets such as cash, current assets, and long-term photography equipment. In total, $396,000 is required to launch Rock Studios. The marketing strategy includes email marketing, business networking, and web marketing. Projected profits are expected to remain consistent with costs not directly related to sales, though profit may drop in the second year as capacity increases in preparation for future growth.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 8

    Business Communication

    Business Plan

    Group members

    Manas Mhatre 91
    Ankit singh 114
    Vimal joseph 118

    Rock Studios

    Start-up Summary
    Start-up expenses include the legal fees associated with reincorporating the business, permits associated with a studio space, and
    the build-out of the studio space. Marketing includes a promotional
    campaign to alert customers and potential customers to the services
    and capacity Rock studios Photography is adding. Rent includes two
    months of studio rent to cover the build-out period andtwo additional
    months for a security deposit. Long-term assets include additional
    photography equipment (cameras, tripods, backdrops, flashes,
    lighting) that must be purchased

    Start-up

    Requirements

    Start-up Expenses

    Legal

    50,000

    Stationery etc.

    6,000

    Insurance

    10,000

    Rent

    15,000

    Marketing

    15,000

    Studio Build-Out

    1,00,000

    Total Start-up Expenses

    1,96,000

    Start-up Assets

    Cash Required

    50,000

    Other Current Assets

    50,000

    Long-term Assets

    1,00,000

    Total Assets

    2,00,000

    Total Requirements

    3,96,000

    Marketing Strategy

    Email Marketing
    Business Networking
    Web Marketing

    Projected Profit and Loss


    Gross margins are expected to remain consistent, as most
    costs of the business are not direct costs of sales. The
    greatest cost of the service is labor, which is part of
    salaries and not cost of sales, for example.

    In year 2, profit is expected to drop as capacity is


    increased to prepare for growth. This will rectify in future
    years as sales come in line with the payroll expenses.

    THANK YOU

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