Your Own Wedding Video Business This page includes some tips on how to start your own wedding video business.
Strategic Analysis with current research! The Video Production, Inc. The Company was founded in by John Doe. The third section of the business plan will further describe the services offered by The Video Production, Inc.
The interest rate and loan agreement are to be further discussed during negotiation. Doe has more than 10 years of experience in the videography industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals and event planners within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time.
Doe may seek to sell the business to a third party for a significant earnings multiple.
Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Video Production.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. The business also provides production services for bands music videosinfomercials, theater, and other business oriented video needs.
Additionally, the business can act as an outsourced provider of video editing.
The owners of the business provide these services to people and businesses within the targeted and its surrounding area. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.
Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period. However, video production businesses operate with great economic stability as people will continue to host events and produce small commercials despite deleterious changes in the general economy.
These businesses are primary used for filming occasion events. In the United States there are approximately 4, businesses that specialize in filming occasion and special events.
The growth trend of this business has remained in lockstep with the growth of the general economy, and is expected to remain stable as long as the economy continues to grow at an annualized growth rate of two to three percent.
In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc. The key to writing a strong competitive analysis is that you do your research on the local competition.
Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Video Production, Inc.
Doe intends on using a number of marketing strategies that will allow the Video Production, Inc. These strategies include traditional print advertisements and ads placed on search engines on the Internet.
Below is a description of how the business intends to market its services to the general public. This is very important as many people seeking local services, such as videography, now the Internet to conduct their preliminary searches.
Doe will register the business with online portals so that potential customers can easily reach the Video Production business.Jul 25, · The video production business plan recognizes that the competition today is more intense than ever Transportation Business Plan Every transportation business plan needs to be based on a thorough knowledge of the market 5/5(1).
Video Production Proposal Template If you're a commercial video production company, our free sample proposal template shows an example of how to pitch your video production services. The scope of the proposal includes deliverables like pre and post production, output, and includes a sample contract at the end.
A Sample Film and Video Production Business Plan. Template Film and Video Production Industry Overview We can hardly talk about the film and video production industry without mentioning big players in the industry such as 21st Century Fox, Time Warner, NBC Universal, The Walt Disney Company and Viacom Inc.
et al/5(3). Wedding planners are always in demand but here are other great wedding business ideas for products that every bride and groom will appreciate.
If you are not into planning entire weddings, you can still plan bridal showers, cater them, The Pros and Cons of Starting a Video Production Business. Draft a comprehensive business plan that addresses your projected expenses for the lease or purchase of video equipment, office space, office equipment, telecommunications, utilities, insurance.
Michael's Video Service is a start-up company providing video production services on a freelance basis. Video Production Business Plan Sample - Company Summary | Bplans Michael's Video Service video production business plan company summary.