Professional Documents
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COLLEGE OF ENGINEERING
TECHNOPRENEURSHIP 101
BUSINESS PLAN
PREPARED BY:
Executive Summary………………………………………………………………………….
Vision ………………………………………………………………………………….
Mission………………………………………………………………………………...
Value Proposition…………………………………………………………………….
Mission Statement……………………………………………………………………
Slogan/tagline…………………………………………………………………………
Having to pose in front of someone you barely know can feel incredibly daunting,
especially when you also have the added stress of locating a suitable studio with the necessary
equipment while staying within a limited budget. The technical aspects of a photo-shoot can be
completely relieved with a self-shoot studio, Morii dreamscape, is a self-shoot studio where it
allows people to experience that it is possible to have a great and quality photo by the click of
your fingers without spending too much money. Our studio is your safe spaces where you can
be confident and express your creativity by being yourself.
Despite their limited experience and knowledge in photography, Engr. Joshua E. Habana, Engr.
Christell Yungca Bagasina, Engr. Mary Louise Ibo, Engr. Dinah Villanueva, and Engr. Carlos
Santiago, all graduates in Civil Engineering, are committed to pursuing the business venture
with Morii Dreamscape Studio. We the entrepreneurs possess a range of competencies and
qualifications, including expertise in basic photography skills such as camera skills, lighting, and
composition. Moreover, having solid business knowledge is necessary for managing finances,
implementing effective marketing strategies and providing excellent customer service. Creativity
is crucial for offering innovative photo concepts, while adaptability ensures keeping up with
industry trends and technological advancements. To maintain excellence across all aspects of
studio operations, attention to detail is a must. These competencies, along with a strong passion
for photography and a dedication to providing exceptional customer service, are the foundation
for success in the self-photo studio industry.
The project's impact on the local and national economy depends on several factors, including its
size, scope, and accomplishments even though it is led by people with degrees in civil
engineering rather than photography. If Morii Dreamscape Studio effectively taps into the
photography market and attracts customers, it could generate revenue, potentially creating job
opportunities locally and contributing to the economy through taxes and consumer spending. If
the studio relies on local materials or services, it could boost economic activity in the community
even more. The extent of these contributions will vary based on various factors such as
competition, market demand, and business strategies.
VISSION
To use creative photography to turn your special moments into cherished memories that
last a lifetime. We combine high-quality service with artistic flair to tell your unique story and go
above and beyond your expectations.
VALUE PROPOSITION
We held our Local customers to capture moments with their friends, family, and lovers
by providing them a quality and affordable photography studio.
MISSION STATEMENT
SLOGAN/TAGLINE
Morii Dreamscape Studio: Capturing the moments that capture your heart and creating a
beauty in your journey.
SECTION 1
MARKETING PLAN
SECTION 2
PRODUCTION PLAN
Choose your
package
- Book an appointment via our booking site, we also accept walk in.
Preparation:
- Be at the studio 10 minutes before your slot. If you are walk in wait for your
turn.
- Choose your package and then get ready for the shoot.
- Staff will give an instruction.
Shooting Session:
Post-Production:
Fixed capital in a self-shoot studio business refers to the long-term assets required for
operations. This includes the physical studio space, which may require initial costs for upgrades
or alterations to meet photography requirements, such as lighting installations and backdrop
setups. Furthermore, fixed capital includes photography equipment such as cameras, lenses,
and lighting, all of which are required for high-quality image capture. Fixed capital includes
computer systems equipped with editing software, administrative and client area furnishings and
fixtures, props and set materials, security systems, and studio management software. While
these assets require considerable initial investments, they serve as the backbone of the studio's
operations, allowing it to deliver professional services, attract clients, and earn money in the
long run.
Items Amount
Fixed assets
Camera Equipment & Gears ₱ 46,498.00
Computer , Printer , TV ₱ 36,595.00
Furniture & Fixtures ₱ 5,000.00
Total Fixed Assets ₱ 88, 093.00
Other Assets
Licenses & Permits ₱ 2,000.00
Office Supplies ₱ 2,000.00
Cash on Hand ₱ 15,000.00
Total Other Assets ₱ 19, 000.00
Total Assets ₱107, 093.00
A total of ₱107,093.00 is needed to acquire the listed items. A large portion of the amount (81%)
will be spent to purchase equipment, furniture & fixtures and software. Meanwhile, the
remaining amount will be invested into different assets that will contribute to the success of Morii
Dreamscape Studio’s operations. The distribution is being presented using the pie chart as
shown below.
The life of fixed capital in a self-shoot studio business relates to how long the assets
contribute to the studio's operations and generate value. Fixed capital assets in a self-shoot
studio often last several years. For example, the actual studio space, once constructed and
equipped with the essential fixtures and equipment, can serve the company for many years if
properly maintained. Photography equipment, such as cameras, lenses, and lighting, normally
has a usable life of several years, though they may need to be upgraded or replaced on
occasion to keep up with technological breakthroughs or changing client expectations. Similarly,
furniture, props, and set materials can last for a long time with careful care. Investments in
developing a website, branding, and marketing materials may last longer, especially if they are
regularly revised and changed to reflect the changing demands of the business and its target
market. Regular maintenance, periodic renovations, and strategic planning are critical for
extending the life and value of the studio's fixed capital assets.
Maintenance and repairs in a self-shoot studio business are important activities that
maintain the functionality, safety, and overall appearance of the studio's physical space,
equipment, and other assets. This includes a variety of tasks, like routine maintenance to
prevent problems and ensure equipment runs smoothly, as well as repairs to handle any
damage or malfunctions that may arise over time.
Equipment Maintenance
At Morii Dreamscape, backdrops and sets may require periodic cleaning, repair and
replacement to keep them looking fresh and appealing for client use. Rotating and updating
backdrops and set periodically can provide clients with fresh options and keep the studio
environment dynamic and versatile.
For the studio furniture and fixtures, such as workstations, seating areas and storage
units should be inspected regularly for signs of wear and damage.
Regular inspections of safety equipment, such as fire extinguisher, smoke detectors are
crucial to ensure compliance with safety regulations.
To ensure clarity regarding ownership, usage, and potential future disputes, Co-Owners
drafted a formal co-ownership agreement outlining the terms for their joint purchase of the
equipment in the Morii Dreamscape Studio. Every co-owner will have equal percentage of share
in purchasing equipment also they have equal ownership of that equipment. They can also sell
the equipment and equally divide the amount of that equipment
(layout)
(COST OF LABOUR)
Section 3
This section presents the form of business, pre-operating activities and expenses, office
equipment, administrative expenses, and organizational structures, showing the structure of
“Morii Dreamscape Studio." It shows the roles and responsibilities and also the qualifications of
each staff member, including the studio owner or manager, administrative manager,
photography manager, post-production manager, marketing manager, and finance manager.
1. ADMINISTRATIVE MANAGER
An administrative manager in a self-shoot workspace will typically require a
bachelor's degree in business administration, management, or a related discipline;
experience in media studies, film, or other creative fields may also be beneficial. A lot of
expertise in administrative roles ideally as managers is required, with an emphasis on
good organization, attention to detail, and ability to communicate. To lead and motivate
staff, it is important to possess both leadership skills and proficiency with computer
software and technology. Creativity, flexibility, and a fundamental understanding of
studio operations are necessary to effectively manage administrative tasks, support the
studio's creative endeavors, and ensure client satisfaction. Also crucial is effective
customer service abilities.
2. PHOTOGRAPHY MANAGER
To work as a photography manager at a self-shoot studio, one generally
requires a bachelor's degree in photography, visual arts, or a similar field. It also requires
a significant background in studio management and professional photography. A great
asset that showcases both technical and artistic talent is essential, as is familiarity with a
variety of photographing techniques, devices, and editing software. Strong interpersonal
and client-management abilities are also crucial, as is the capacity to oversee and direct
a team of photographers, assistants, and retouches. A thorough understanding of studio
operations, including workflow management, spending control, and time management, is
required of the photography manager. This will ensure that photographic content is
created and delivered productively, meeting client expectations and upholding the
creative goal.
3. POST-PRODUCTION MANAGER
An important background in post-production work, particularly in photography or
video editing, is often required for a Post-Production Manager at a self-shoot studio.
Those need to hold a bachelor's degree in film, media production, digital arts, or a
related profession. An effective portfolio showcasing editing and retouching techniques
is also necessary, as is proficiency with industry-standard editing software like Adobe
Premiere Pro, Final Cut Pro, Adobe Photoshop, and Adobe Light room. In addition to
having an eye for detail and originality, the post-production manager should have
excellent technical skills in color correction, visual effects, and audio editing to improve
the visual impact of projects. The ability to lead a team of editors and make sure
deadlines are fulfilled while upholding the studio's quality standards is essential. To
ensure a smooth transition of post-production procedures into the studio processes,
effective communication and coordination with other departments, such as photography
or videography teams, are also crucial.
4. MARKETING MANAGER
A position as a marketing manager in a self-shoot studio requires a bachelor's
degree in marketing, communications, business administration, or a similar field. It's also
essential to have prior marketing experience, preferably in the creative sector. Someone
with good analytical skills and knowledge of market research methodologies is needed
to understand the target market, identify trends, and develop effective marketing
campaigns. It takes imagination and artistic ability to create engaging marketing
materials, such as print and digital campaigns, social media content, and promotional
items. Managing a marketing team and collaborating with other studio divisions are
crucial, as they build relationships with clients, partners, and media outlets. It also calls
for excellent communication abilities.
5. FINANCE MANAGER
A finance manager in a self-shoot studio needs a bachelor's degree in
accounting, finance, or a similar field of study. It also helps to have prior experience in
accounting or financial management, preferably in the creative industry. Strong
analytical skills and careful attention to detail are necessary for budget analysis, financial
performance analysis, and keeping records and monitoring to produce reports and keep
accurate financial records. To support strategic decision-making and maintain the
studio's financial stability, the finance manager must have an effective comprehension of
financial principles, including cash flow management, financial analysis, and budgeting.
Strong interpersonal and communication skills are also necessary for interacting with
external stakeholders, such as clients, suppliers, and financial institutions, as well as for
working with internal teams to match financial goals with business objectives.
1. Equipment Purchases
Cameras
Lenses
Lighting equipment (e.g., studio lights )
Tripods
Backdrops and backdrop stands
Mirrors
Editing software and computer equipment (e.g., computers, printers )
Props and accessories
2. Studio Setup Costs
Rent
Renovations (e.g., painting, flooring, wall backgrounds )
Furnishings (e.g., chairs, tables, shelves, display cases)
Decor and ambiance enhancements
Installation of necessary utilities (e.g., electricity, water, internet)
3. Legal and Regulatory Expenses
Business registration fees
Licensing and permits (e.g., business license, photography permits)
Legal consultation fees (e.g., for drafting contracts, reviewing lease agreements)
Insurance premiums (e.g., liability insurance, property insurance)
4. Marketing and Branding Expenses
Logo design and branding materials
Marketing expenses (e.g., business cards, brochures, flyers)
Advertising costs (e.g., social media ads, print ads, online listings)
Promotional materials (e.g., signage, banners, posters)
5. Administrative Costs
Office supplies (e.g., stationery, printer, paper, ink)
Staff training and certification costs
SECTION 4
FINANCIAL PLAN
The total capital requirement of our self-shoot studio business is P175, 093. The Co-
owner of Morii Dreamscape Studio will provide the amount of ₱50,000.00 each as their own
investment. The total combined amount will be sufficient the cover the expenses to build the
business including the ₱15,000.00 cash that will be on hand for petty expenses.
A self-shoot studio's initial funding covers a variety of costs, including purchasing equipment
(cameras, lighting, backdrops), securing studio space (rental payments, renovations), marketing
(website, branding), operational (insurance, legal fees), and saving for unexpected expenses.
These costs guarantee that the studio is properly furnished, in compliance, and prepared to
draw customers. Although the precise financial requirements differ depending on scale and
location, careful planning is essential to laying a strong foundation for success.
TOTAL INVESTMENT
COST OF STUDIO SETUP:
1. Cameras= P42,998
2. Lighting equipment (e.g., studio lights) = P2,500
3. Tripods= P1,000
4. Backdrops and backdrop stand= P15,150
5. Mirrors= P1,000
6. Editing software and computer equipment (e.g., computers, printers, TV)
Computer= P21,000
Printer= P7,000
TV monitor = P8,595
7. Props and accessories= P2,000
8. Maintenance / Renovations= P5,000
9. Furnishing:
Chairs= P2,000
Tables= P1,000
Shelves= P1,000
Display Cases= P1,000
EXPENSES
1. Studio Rental = P5,000 PER MONTH X 12 MONTHS= P60,000
2. Utilities:
a. Electric Bill= P3,000
b. Internet Bill= P1,000
c. Water Bill= P500
3. Cash on hands =P15,000
4. Office Supplies = P2,000
5. License and Permits = P2,000
START-UP REQUIREMENTS
Start-up Expenses to Fund P 79,000
Start-up Assets to Fund P 96,093
TOTAL FUNDING REQUIRED P 175,093
Assets
Camera P 42,998
Computers & Printers & TV P 36,595
Tripods & Lighting Equipment P 3,500
Mirrors, Props & Accessories P 3,000
Furniture & Fixtures P 5,000
Maintenance & Renovations P 5,000
TOTAL ASSETS P 96,093
START-UP EXPENSES
Studio Rental for 1 Year P 60,000
Office Supplies P 2,000
Cash on hands P 15,000
License and Permits P 2,000
TOTAL EXPENSES P 79,000
PACKAGE COST:
PACKAGE 1
PACKAGE 2
PACKAGE 4
ADD-ONS
RETURN
ROI= X 100 %
COST OF INVESTMENT
175,390
ROI= X 100 %
175,093
ROI=1.00 %