Studio Business and practice

Stage 2 Business Plan

Studio Business and practice

In stage 2 we are order to build our own business plan for our future. The purpose of setting up our future business plan is to let us have a rough idea to begin as a part of society

The plan

initially I was thinking to be a freelancer 3D animator, and for that I'll need a clear and concise business plan. After doing some research online, I found a few useful websites that give a tips
for a freelancer to being set up a business plan.

Why do you need a business plan:

Begin a digital animator, the business plan may seem not really important for us, however some foundamental understanding of business structure is still needed.

• To focus your efforts, set objectives and company direction.
• To enable you to track your growth.
• To structure the financial side of your business.
• To raise finance. 
• To set realistic targets that allow some flexibility - without steering away from core objectives - for some 'fine tuning' along the way.
• To enable you to spot potential pitfalls before they happen.

How to structure a business plan

Cover page

• Company name, contact details (phone, fax and email).
• Company logo.
• An executive summary: a synopsis of the entire plan and a 'snapshot' of your business. Write this section last as it should include key selling points and highlights from all the other sections - the 'who, what, where, when, how and why' of your business. Your executive summary should be no more than two pages.
• Presentation is everything, so invest time in layout as well as clarity of written information. Potential investors often stop reading at this point if you don't.
• Ask several people to read your business plan - those who know your business and those who do not - before presenting it to a potential investor. Your reader should have a good understanding of your business just from this section alone.
• Use the summary to inform the reader of the basics of your business and make it interesting.