We have a team of creative and highly proficient web cum graphic designers, a team with excellent qualifications and experience various niche areas in the web design service industry. Everyone will quite agree that the web design industry has come to stay and of course it is one industry that plays key roles not only in the business world, but also in almost all the aspect of what goes around in our world today. Your business plan is the foundation of your business. We know that one of the ways of gaining approval and winning customers over is to offer our web design and graphic services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. Barton Interiors Executive Summary . We have been able to secure a standard and well – positioned office facility in a central business district in Baltimore, the largest city in Maryland. If Many thanks to the power of the internet which has brought the world closer to us. The fact that there are no entry barrier in the web design industry gives room for any serious minded person to learn the trade and start making money from the industry. Here below is a sample Web Design Business Plan; The web design industry is an industry that basically involves designing websites and hosting same on the World Wide Web (the internet space) for individuals and corporate organization. leading the development and implementation of the overall organization’s strategy. Going forward, the industry is projected to grow at the rate of 4.9 percent annually. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. If you are a web designer, there is no limit to the amount you can make as a professional especially if you know how to generate market for your services. They are the sole financial of the business which is why they decided to restrict the sourcing of the start – up capital for the business to just three major sources. Resources for Writing a Business Plan. A business plan is a written document describing your business and outlining its future. Equipping the office (computers, printers, projectors, markers, servers / internet facility, furniture, telephones, filing cabinets, and electronics) will cost – $30,000, Amount required to purchase the needed software applications – $ 3,500, Launching an official Website will cost – $500, Amount need to pay bills and staff members for at least 2 to 3 months – $70,000, Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000, Generate part of the start – up capital from personal savings and sale of his stocks, Generate part of the start – up capital from friends and other extended family members. Conclusion. You’ll even find a business plan template for specific industries including business plan templates in Word for healthcare providers, professional services, and retail. Our vision is to establish a standard and world class web cum graphic design company whose services and brand will not only be accepted in the United States of America, but also in other parts of the world. The first, and most important, is to serve as a guide during the life of your business. Investors want to make sure that your business is going to … Do what you do best, and make it look professional. We are set to become the number one choice for both corporate clients and individual clients in the whole of the United States and beyond which is why we have made provisions for effective publicity and advertisement of our web cum graphic design company. Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. Next, before you get too much further along in starting a graphic design business, … We want to build a web design company that can favorably compete with other leading brands in the wed design services industry. A web design company can be located in the United States of America and have their biggest client in United Arab Emirates. A website is one of the most potent platforms to communicate your message or market your services and products. Learn how to write a business plan quickly and efficiently with a business plan template. It defines what you plan to do and how you plan to do it. However, this is what it would cost us to setup Nine & Ten Technology®, LLC in the United of America; Going by the report from the market research and feasibility studies conducted, we will need about two hundred and fifty thousand (250,000) U.S. dollars to successfully set – up a medium scale but standard web cum graphic design company firm in the United States of America. The funding of your business is not supported by the, Not giving more importance of having a good. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive. Without a shadow of doubt, there are loads of big time investors, that have a stake in the web design industry; but one thing is certain, there is room big enough to accommodate both the big web design companies and the small web design companies. The business plan is all about the business and not your service for potential customers. Ask key questions like what will be it’s annual revenue in a year, and in 5 years. Engage in road show from time to time in targeted neighborhoods, Distribute our fliers and handbills in target areas, Contact corporate organizations by calling them up and informing them of Nine & Ten Technology®, LLC and the services we offer, List our web cum graphic design company in local directories / yellow pages. Your business plan should be the first thing you do; before your website wireframes, before thinking about your studio space. If you want your business plan to be a success and effective, avoid these common mistakes in making a business plan. We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. Open the editable version of your business plan template, then edit in defaulted processor to create your own business plan. A brief company description. Statistics has it that in the united states of America alone, there are about 150,898 registered graphic design companies, employing about 215,562 and the industry rakes in about $24bn annually. One of our major goals of starting Nine & Ten Technology®, LLC is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. He is the Executive Producer @JanellaTV and also doubles as the CEO, POJAS Properties Ltd. 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We have put plans in place to build a state of the art web design cum graphics studio in Baltimore – Maryland. They're often a first line of communication between your company and potential investors. Nine & Ten Technology®, LLC is a business that will be owned and managed by David Foreman and his friend and business partner for many years Jonathan Cosby. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop. As for the detailed cost analysis for starting a web design company; it might differ in other countries due to the value of their money. Communicate with investors, employees or the public using a well-designed business plan. The fact that you are a web designer does not in any way restrict you to a certain way of doing business. Write your company description as the first section. As a matter of fact, business owners recognized the executive summary as the doorway to their simple business plan as it outlines company’s purpose and goals and captures the attention of the readers so that they will read the business plan all the way through. As internet access becomes affordable, the number of those who visit the internet on a per second basis has tremendously increase hence the increase in the demand for the services of website designers. We are quite aware that to be highly competitive in the web design services industry means that you are not only expected to be able to deliver consistent and highly creative and users’ friendly websites, but you must be able to meet set targets. Document all aspects of your business. Below are the platforms we intend to leverage on to promote and advertise Nine & Ten Technology®, LLC; In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. The trend in the web cum graphic design services industry is that the target market keep expanding, people and organizations are now seeing the need for them to have an official website and also to engage the services of graphic designers either in branding or packaging their products and services or in helping them create animations that will help them communicate their brand to a wide range of clients. Introduce our web cum graphic design company by sending introductory letters alongside our brochure to individuals, corporate organizations, religious organizations and key stake holders. In the competitive analysis section, you'll learn how successful your direct … We have been able to work with our in house brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. The most important component of an effective graphic design business plans is its accurate marketing analysis that’s why Gori acquired the services of marketing experts to help her through this phase. Metolius will be concentrating on corporate identity of established companies. As a matter of fact, no single web design company can account for more than 5.0 percent of the total revenue generated in the industry. Sample Business Plan for Acme Management Technology 1.0 Executive Summary By focusing on its strengths, its key customers , and the company's underlying core values, Acme Management Technology will increase sales to more than $10 million in three years, while also improving the gross margin on sales and cash management and working capital . Performing market research and planning ahead can help ensure your business’ success. At Nine & Ten Technology®, LLC we will keep the prices of our services below the average market rate for all of our customers by keeping our overhead low and by collecting payment in advance from corporate organizations who would hire our services. ; YouTube: How to Write a Business Plan - Business Wales (3 minutes) - This video offers a quick overview and tips for the essential parts of a business plan. A business plan is a formally written document that embodies the detailed process on how a business will operate to achieve its objectives and the steps that it will take to ensure the growth of the company. Not enough details on products and services. At Nine & Ten Technology®, LLC, our payment policy will be all inclusive because we are quite aware that different people prefer different payment options as it suits them. Further, it contains an evaluation plan on the page show how any evaluation is made or conducted. Researches and advice the organization on style, genre and other trendy info as it relates to website design and graphic design. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives. Below is the sales projection for Nine & Ten Technology®, LLC, it is based on the location of our business and of course the wide range of our services and target market; N.B-: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same web design services as we do within same location. Nine & Ten Technology®, LLC was established with the aim of maximizing profits in the web design cum graphic design industry. No doubt, the opportunities in the web design cum graphic design services industry is massive considering the number of individuals and corporate organizations whose businesses depends on the services of web designers and graphic artist. When to Create a Business Plan. Part of what the team of business consultant did was to work with the management of our organization in conducting a SWOT analysis for Nine & Ten Technology®, LLC. It is the blueprint of your business and will serve to keep you on the right track. Below are the five reason why your business needs an effective business plan. We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category (startups web design businesses in the United States) in the industry. The graphics design business has really opened up over the years and this can be especially attributed to the advent of the internet. As a web design cum graphic design Services Company, we are ready to take advantage of any opportunity that is available in the industry. At Nine & Ten Technology®, LLC, our client’s best interest will always come first, and everything we do will be guided by our values and professional ethics. Make sure the plan you share with the world is not only informative but also visually engaging. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions; Nine & Ten Technology®, LLC engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured web cum graphic design business that can favorably compete in the highly competitive web design service industry in the United States and the world at large. It’s no exaggeration to say your market can make or break your business. Aside from the synergy that exist in our carefully selected web designer, our designs and services will be guided by best practices in the industry. Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our company logo et al. The major factors and incentives which endear people to this industry is the fact that it is in vogue in the world today, and its usefulness cannot be over- emphasized, therefore anybody who wishes to become professional in all aspects of it, and become relevant in any field in the world today will be prompted to go into the web design industry. We want to compete favorably with the leading web design companies in the United States which is why we have but in place a competent quality assurance team that will ensure that any website we design or related services rendered meet and even surpass our customers’ expectations. Advertise our web cum graphic design company in our official website and employ strategies that will help us pull traffic to the site. Builds company image by collaborating with customers, government, community organizations, and employees; enforcing ethical business practices. The Metolius Agency Executive Summary . Use visual charts to quickly show key numbers. Opening of Corporate Bank Accounts various banks in the United States: Application and Obtaining Tax Payer’s ID: In Progress. Welcomes clients and potential clients by greeting them in person or on the telephone; answering or directing inquiries. Provide an overview of the coffee industry, the local market, and what … The next step is to outline your ideal potential customer … Coordinates efforts by establishing procurement, production, marketing, field, and technical services policies and practices; coordinating actions with corporate staff. To make business planning easy and effective. Our sales and marketing team will be recruited based on their vast experience in the web design cum graphic design industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall business goal of Nine & Ten Technology®, LLC. Responsible for financial forecasting and risks analysis. Business plan templates offer step-by-step instructions and prefabricated slides for your executive summary, company overview, financial plan, and more. Advertise our business in relevant business magazines, newspapers, TV stations, and radio station. Responsible for creating content based on clients demand, Presents contents to customers for evaluation, Liaises and works effectively with web designer and graphic artists. It's the first real stage to properly planning your new design business - and thus it makes your venture even more real. The budget for Liability insurance, permits and license will cost – $3,500. Generate a larger chunk of the startup capital from the bank (loan facility). Just like any other business, one of the major threats that we are likely going to face is economic downturn. A whole lot of things have really caused the business to really boom and … We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients. The executive summary of the business plan is considered as one of the most important section of any business plan. It needs to be focused, readable, but most importantly explain why your business will be a success. The bottom line is that if you want to make more money as a web designer, then you should be ready to go out of your way to develop innovative business ideas that is in sync with your skills; ideas that won’t take you too far from your core area of business. Here are tips for preparing a business plan. Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; benchmarking state-of-the-art practices; participating in professional societies. The executive summary does not succinctly describe your business idea and why it will be successful. Responsible for providing direction for the business. In the Products and Services section of your business plan, you will clearly … Securing a standard office facility for our studio: Application for business license and permit: Purchase of All form of Insurance for the Business: Generating part of the start – up capital from the founders: Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Purchase of the Needed furniture, office equipment, software applications, electronic appliances and facility facelift: Creating Official Website for the business: Health and Safety and Fire Safety Arrangement: Establishing business relationship with vendors and key players in various industries. We are aware that there are some one – off jobs or government contracts which are always lucrative, we will ensure that we abide by the pricing model that is expected from contractors or organizations that bid for such contracts. SBA.gov also has an online tool for creating a business plan. This is why we are committed to only hire the best hands within our area of operations. We have a team of creative and highly proficient web designers and graphic designers, a team with excellent qualifications and experience various niche areas in the web design services industry. To test the probability of your business idea. Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects. We are well positioned to take on the available market in web design services industry and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow our web cum graphic design company to enviable heights. Are you about starting a web design company? Your First Business Plan Should Include 1. Acquiring an office space or warehouse that will accommodate the number of employees for at least 6 months (Re – Construction of the facility inclusive) will cost – $100,000. There are two main purposes for writing a business plan. Responsible for signing checks and documents on behalf of the company, Evaluates the success of the organization, Serve as project manager of the organization; works directly with employees, Responsible for designing concepts for website to be developed for client (s), In charge of copy writing and laying out chronological advertisement plans. Method 1 Nine & Ten Technology®, LLC will generate income by offering the following web design and graphic design related services; One thing is certain; there would always be corporate organization and individual who would need the services of web cum graphic design firms. Business plans provide opportunities to raise money for your business and helps you communicate with potential stakeholders. Our mission is to provide professional and highly creative web design services and other related services that will assist businesses, individuals and non-profit organizations in promoting their brands and reaching out to a wide range of potential customers all over the globe. Responsible for preparing drafts or material based on an agreement brief. The truth is that starting a web design business is one of the businesses you can successfully launch without a start – up capital. Another threat that may likely confront us is the arrival of a new web design cum graphic design company in same location where our target market exist and who may want to adopt same Business model like us. It should take a maximum of one day to create your first business plan. Start your own graphic design business plan. In addition, we will also offer special discounted rates to all our customers at regular intervals. Manage external research and coordinate all the internal sources of information to retain the organizations’ best customers and attract new ones, Model demographic information and analyze the volumes of transactional data generated by customer. In view of that, we have created strategies that should enable us reach out to various corporate organizations and individual who we know can’t afford to do without our services. Please note that the above projection might be lower and at the same time it might be higher. To be of value, your plan must be kept current. Nine & Ten Technology®, LLC is a U.S based and world class web design company. The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. A business plan lays out a written plan … As a new web design company in Baltimore – Maryland, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated and highly competitive web design services industry; that is perhaps our major weakness. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner. Our business goal is to become one of the leading web design company in the United States and we will make sure that every website we design conforms to international best practices. Lastly, the web design industry will continue to evolve due to the advancement of computer technology and software applications designs et al. In recent time, there is hardly any serious minded business / organization or individual who wants to make impact that does not have a website. It is a fact that economic downturn affects purchasing / spending power. Before starting our web design business, we are certain that there is a wide range of both corporate and individual clients who cannot successfully run their businesses without the services of web cum graphic designers. Set your pricing. The sales projection are based on information gathered on the field and some assumptions that are peculiar to similar startups in Baltimore – Maryland. Oversees the smooth running of the daily office and factory activities. We are mindful of the fact that there are stiffer competition in the web design services industry; hence we have been able to hire some of the best marketing experts to handle our sales and marketing. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. The name of your company, the date it was formed, the names of any shareholders, your company registration number, your address, etc. Generating Funding / Startup Capital for Nine & Ten Technology®, LLC. a brief description of products and services. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Nine & Ten Technology®, LLC; Our core strength lies in the power of our team; our workforce. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Nine & Ten Technology®, LLC is set to make use of the following marketing and sales strategies to attract clients; Nine & Ten Technology®, LLC is established with the aim of maximizing profits in the web design services industry and we are going to go all the way to ensure that we do all it takes to meet and surpass the expectations of all our clients. Business plans serve several purposes for those starting a new venture. A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. Choose … Business plans Achieve your financial goals with Money in Excel Whether you want to pay down debt, save for future expenses, or track spending habits, Money in Excel is a premium template that helps you manage your budget in one place by automatically importing your financial information into Excel. A Sample Graphic Design Business Plan Template Industry Overview. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. Here are the payment options that we will make available to our clients; In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches. Develops strategic plan by studying technological and financial opportunities; presenting assumptions; recommending objectives. Business/Industry Overview. The truth is that with the advent of the internet, it is now easier for a web design company or a web designer to work for clients in any part of the world. The Metolius Agency is a Eugene, Ore. based graphic design and visual communications firm. Business Plan Infographic PowerPointPresent your market analysis, timeline, statistics, and more … A clear and compelling business plan provides you with a guide for building a successful enterprise focused on achieving your personal and financial goals. Nine & Ten Technology®, LLC will offer all aspects of web design services and graphic design services such as Web Design, Print Media Design, Advertising and Corporate Branding, Graphic and Commercial art services, Corporate Identification design services (logos), Cartoons and Animations. To do this, describe your business and identify … Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Check out our business plan examples in excel for more tips and fully modifiable templates. Summarize market research and potential. A business plan is a document that thoroughly outlines the nature of your business, the direction or smart goal to which it is leading, and the hows of getting to that goal. Products and Services. What is a Business Plan? Performs cash management, general ledger accounting, and financial reporting for one or more properties. Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities. Our workers are going to be selected from a pool of talented and highly creative web designers and graphic artists in and around Baltimore and also from any part of the world as the business grows. Is an Open industry, revenue is also spread among thousands of firms. 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