While writing my
business plan for this business and I was forecasting the future of this
business, I discovered how much I love art and I do not want to streamline my
creativity to just handmade greeting Cards so My plans for David Rotimi Co, by
the help of God have been broadened very largely and the future seems so bright
by the Grace of God. We
will grow as we begin to diversify into other allied areas such as Opening
large Art Store, An Art Gallery, A school of Art, Design, Music and Architecture,
Graphics Designing, Art Classes for Schools, Clubs and Events, Handmade Craft
and Design for Buildings interior, Solo and Group Art Exhibitions, Printing
Business, Other cards like invitation cards, business cards, Flyers, Posters,
Book Publishing, Calendar Publishing, Journals, Diaries, Textile design, Shoes
and Hand crafted Slippers.
Currently
there are a lot of efforts going into expansion of this Business, currently
there is the need to do the following;
- - Open up a business account.
- - Open a website.
- - Liaison with Online Stores for online Order and delivery
- - Increase stock of Materials for more production.
- - Employ more Staff for more production
- - Purchase more machineries for faster production
And
proper plans have gone into planning exactly what we will do to make the whole
process work out as much as possible;
-
The account will be used for string money from the Suppliers and
from Internet transactions, a large part of the process has been completed,
only final implementations are needed.
- The website will be used to publicise the business to the outside
world and cam serve as a means of income for the Company. It will also serve as
a platform for people to order for cards and customize their orders. It will
also direct people to the online stores for purchases. The Contents for the
website are ready.
- Liaison with online stores for sales and purchases in wholesale and
retail amount and prices because opening our own gateway will be quite
expensive at this stage.
- More materials will be used to facilitate the production of more
greeting cards.
- More Employees will increase the amount of cards we make per time
hereby increasing profit.
- Working with machines makes work a lot faster and easier hence the
need for more work to be done.
OUR ADVANTAGE OVER COMPETITORS
The viability of this business
undoubtedly strong as it has been tested and the market has been properly
surveyed. Over time the Company has increased from just my locker to a Studio
in School which we use for production.
Also considering the
environmental Situation of this Business it is very hard for the Company to
fail as the company is involved in sales of Art and Architectural materials to
Architecture Students of Covenant University. There is also a ready market for
the sales of Materials as another business which will be explored in earnest by
next semester.
HOW
OUR BUSINESS MODEL SETS US ASIDE
Other Carmakers usually
require a deposit before cards can be made but we don’t, cards can be ordered
without any initial down payment which increases our chances in any
competition.
Other carmakers may also have
a series of repeated designs which may not be very unique unlike making every
single card different in design, like we do. We make every card different and
our customers have said that is one reason why they prefer our brand because
they know they’ll never see it anywhere else. This factor also singles us out
in any competition whatsoever.
Our brand model also allows
customers to choose either letting us write in the cards or letting them
express themselves their own way. Many customers also prefer us for this
reason.
We also give room for
customers to say exactly how they want the card to look like and what theme
they want to be expressed on the card
How we will combat any current economic deterrents?
Any
economic deterrent can easily be combatted by letting out our income flow in
the direction of our allied businesses which are sure to blossom due to our
strategic situation in the Canaanland Community
How will we grow with this industry?
We
will grow as we begin to diversify into other allied areas such as Materials
sales, Graphics Designing, Art Classes for Schools, Clubs and Events, Handmade
Craft and Design for Buildings interior, Solo and Group Art Exhibitions,
Printing Business, Wedding Invitation Cards, Flyers, Posters, Book Publishing,
Calendar Publishing, Journals, Diaries, Shoes and Hand crafted Slippers.
