Business Plan- Financial Plan, Exit Strategy, Executive Summary, Reference List, & Complete Business Plan
Running head: Management Team and Manufacturing Operations Plan 1
Management Team and Manufacturing Operations Plan 6
Business Plan: Management Team and Manufacturing Operations Plan
Sheena M. Orozco
Southern New Hampshire University
Business Plan: Management Team and Manufacturing Operations Plan
Starting a successful photography business largely depends on the location of the company for ease of access by clients (Rosengarten, 2015). The need to come up with a photo studio makes an urban location on the street to be a necessity (Zambenedetti, 2018). Furthermore, it is imperative to consider a naturally attractive environment and allow for landscaping and interior design modifications. Therefore, this will enhance its ability to attract clients. Besides, starting a photography business has varied overheads that need to be budgeted to improve the success of the company (Zambenedetti, 2018). They range from indirect material, labor, and expenses, all of which contribute to the success of the business. The entrepreneur is thus needed to consider having enough cameras, lenses, editing software, computers, and accessories. There is also a need for communication through the internet, phone, getting a virtual assistant, and through the website. Other costs would arise from the need for marketing through various social media platforms, the use of email, and the creation of business cards. Other facilities needed include portable light kits, lens cleaning kits, memory cards, remote shutter release, camera tripod, prime lens, and batteries, and chargers.
The primary workers for the business include professional photographers, photo and video editors, event planners, and designers. They would all work in synergy in the making moving the company forward through dedication to their duty. The management team will comprise of the marketing manager and chief Photographer. The marketing manager ought to possess the necessary expertise in market dynamics in photography. Also, the chief Photographer is in charge of the whole photography team and should have a five-year experience in photography. Therefore, he or she is aware of the different needs of the clients in the industry. Besides, he will personally receive feedback and monitor the photographers while at the same time receive feedback and reports from team leaders of the Photographer
Also, the middle-level manager is the chief editor who will be responsible for monitoring other editors, advising them, and carrying out on job training to improve their expertise. Also, his role will involve reviewing photos and videos for quality assurance before they are delivered to the client.
Additionally, they are responsible for re-editing or giving further instructions on how to improve on the editing. Finally, they recommend the best software needed for the editing process to ensure there is maximum quality. The departmental managers will report to the general manager, who will then report to the Chief Executive Officer. Collaboration between the departmental managers will ensure that the Marketing Manager attains additional clients, the Chief Photographer ensures that photos are of high quality, while the Chief Editor makes sure that the images have been thoroughly edited to the satisfaction of the clients. Therefore, this will enhance the ability of the business to outdo any competition.
Organizational Chart
The compensation and benefits package will vary depending on productivity, performance, and the responsibilities that have been given to the job title. The general manager will be entitled to a salary of $110,000 per year with other benefits such as a subsidized health care plan, a 410k plan, a company-paid vacation, and personal days. The Chief editor and Photographer will have to earn a minimum of $ 97,000, which will also come with a yearly increase based on the job performance of the person. They will also be entitled to a comprehensive health care plan and paid for any time they do overtime at the rate of one and a half times the regular hourly pay. The marketing manager will have the same benefits package but will earn an annual salary of $105,000 while working on a full-time basis.
The management will only require the necessary leadership skills gained during their training and in their previous work experiences. However, they will be exposed to numerous workshops that will be meant to improve their competencies, thus enhancing their ability to handle their responsibilities accordingly. Furthermore, they would receive training on practical leadership skills, decision-making skills, proper communication skills as managers to improve effective giving of instructions, and interpersonal skills. Besides, they will receive training on employee management to adequately manage workers in their department. Therefore, this will improve productivity and motivation among workers, thus enhance the company's success.
References Rosengarten, R. (2015). Constructing Worlds: Photography and Architecture in the Modern Age. Photography And Culture, 8(3), 363-367. doi: 10.1080/17514517.2015.1091185 Zambenedetti, A. (2018). Emplacing Time: Photography, Location, and the Cinematic Pilgrimage. Space And Culture, 120633121880538. doi: 10.1177/1206331218805381
General manager
Chief Editor: Professional editor,7 years expirience
Chief Photographer: Professional photographer, 5 year expirience
Marketing Manager: Professional sales and marketing manager, five years expirience
Chief executive officer: Founder