04 Mar Architecture Firm Business Plan
NW Architecture is an architectural firm that specializes in residential, commercial, and industrial architecture. It will be based in the Bay Area, near San Francisco. This firm will offer architectural services that are more cost-effective and result in better design and construction.
The target client group is divided into four types: home owners/developers, government and contractors. NW Architecture's competitive edge will be the knowledge of digital-based design resources. A firm's differentiation will also come down to superior customer service.
First year sales are expected to reach $102,000 and increase to $500,000 by the third year of operation. In three years, we will be profitable.
It is important to secure a location and establish a client base. Then, position the firm to be in a larger global market.
This business plan defines the purpose, focus, as well as the implementation of this start up firm.
NW Architecture provides a new digital interactive media option for the client and builder. This media will clearly show the client and the builder exactly what the design will look like and the method of construction.
With this new form of media the client doesn't have to know anything about architectural graphics or terminology (floor plans, sections, elevations & construction documents) to have a clear understanding of what the end result will look like. This is possible thanks to the use of interactive video and computer rendered images.
The media can be used in construction documents. The interactive video rendering will provide the builder with both visual and written construction specs. Every last detail will be worked out in three dimensions in such a way that anyone who knows how to use a computer will be able to access and understand this new means of architectural presentation.
1.2 Keys To Success
- Provide a service that's technologically superior to your competition.
- We use a diverse team to offer a wide range product styles.
- There are many global connections.
- In Year 3, sales of $500,000 and $700,000. in Year 4.
- Internet can help you expand your market by 20% each year.
- By Year 4, we have created a new market niche with three-dimensional construction documents and an interactive digital presentation for clients.