Monday, 7 March 2016

OUGD502 - Study Task - Taking Care of Business

Working in groups of up to 4-5 we were asked to construct an idea of what kind of graphic design business plan or proposal we would present to the peers & tutors.

our plan and presentation should be based on the analysis and content that you have been introduced to throughout the module.

We have been giveM a few questions to what the studio will be built up on and how it will appear to the public

MOGUH Original / Creative / Studio
Means ‘Good Morning’

Team
Paayal Makandai
Daniel Carter
Rens Koolen
Youri van den Hurk
Jessica Lomax
Emma Nicholls

Position
International - Leeds and Eindhoven

The Studio
Creative Design.
Traditional - non traditional 

What is your area of trading (your aims)?
Co-op / Global trading.

Cooperative Company – percentage goes to the company and the rest is split between employers. Later, we would turn into a Limited company.

Who are your targeted clients?
Professionals, companies, people who seek out design for businesses.

How do you price your project?
Varies on task but roughly £50 p/h. 35% of that would go back into the company which would then go down once we are established. We would need part time jobs initially and a loan to start off while also attending fairs etc to sell our work.

What are your terms and conditions?
Cooperative Company. A Disclaimer of Liability. Pricing, for example if the clients wants variations and options. Copyright will be released when full and final payment has been received. Once a contract is sign, must pay the minimum agreed even if the client does not wish to use our designs. Final proof reading is the responsibility of the client and any mistakes will incur additional charges. If there are desired changes then an additional cost will be needed from the client. Once a final has been signed off, the company can not be held responsible financially or otherwise for any errors relating to print, programming or any end product. Ongoing and timely communication with the client is necessary for the progression of the project. 50% of the total bill will be taken upfront at the signing of the client’s contract, and this will have been discussed with the client beforehand so they are aware of it. We have the right to reproduce, publish and display for self promotion and advertisement. If the work produced for a client is used in any way apart from what is agreed, the copyright is void and Moguh will retain the rights to ownership. The relationship between Moguh and the client may be terminated by either parties immediately. The client shall pay expenses up to the termination point.

Future aims and ambitions
Expand as a company to become more global and establish two large headquarters in Leeds and Eindhoven. To be successful. Create a name for ourselves and to be sought out rather than seeking out clients. Expand our client range and form relationships with high end clients. Hiring developers and illustrators etc, to branch out to other areas. Offer different departments but work collectively. We also aim to travel together and work in other countries.

What do you offer as a business?
Interpreting the client's business needs and developing a concept to suit their purpose. Estimating the time required to complete the work and providing quotes for clients. Developing design briefs by gathering information and data through research. Thinking creatively to produce new ideas and concepts. Using innovation to redefine a design brief within the constraints of cost and time. Presenting finalised ideas and concepts to clients or account managers. As we are a large group, there will always be someone who can take on the designs and to contact.

Your team, how are you structured, who does what, WHY?
Paayal – Brand Identity, Logo Design, Layout Optimisation
Pete –  Design Optimisation, Print Production
Jess –  Concepts and Copyright
Danny – Logo Design, Editorial Design, Packaging
Emma –  Administration, Print

Each have our own specialties but work collectively

What market/customer do you see as YOURS?
Advertising agencies. Large print houses. Brand agencies. Signage companies. Book and magazine and newspaper publishers. Multimedia companies including the games industry and web development. Television and broadcasting companies. The packaging industry.

Can you offer something unique?
Experimental and overseas.

How will you let people know you exist, promotion/information?
Social media such as Instagram, Facebook, Behance, linked in etc… Street work such as posting flyers, selling work at fairs. Seeking out clients.

How might you progress from year one to year 3?
Hopefully we will or be on our way to breaking even. We’ll be able to live off what we make and expand our knowledge and skills as designers. Expand our client range and collages. Start internships and give students the opportunity to work for us.

Summing up
We are a Cooperative Collective aspiring to excel further in the design world by building a connection with potential clients globally.

Finance

Fixed Expenses

Patrick studios – £250 per month
Gas/Electricity/Water - £150
Wifi & Telephone - £100
Insurance - £30
Travel (approx.) - £150
Food - £600

Running costs total - £1,280

Start up Costs

Macs – £5995
Adobe subscriptions - £3192 per year
Fridge - £80
Printer - £498
Scanner - £179
Lightbox - £79
Kettle - £15
Clock - £10
Pin board - £27

Total - £10,075


50p/h
35% goes to business = £17.5
We would get £32.5p/h in the first year

For example, Branding brief –
6hrs x 4 days
24hrs x £50 p/h
1200-35%
£420 into the company
£780 to the designer


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