Phoebe's Photo Studio has a comprehensive program to preserve memories on an ongoing basis.
We see individual pictures, especially baby pictures, as gateway products for our programs of ongoing photography.
Phoebe's Photo Studio is projected to grow weed-like annually by seizing its target market early and building on it.
Long-term assets are a smaller percentage of this business because expensive printing equipment isn't required.
For the year 2006, the business will be profitable.
It will grow at a vigorous rate over the next two years.We assume a stable economy with reasonable growth and a steady rise in interest rates.We also assume that our competitors won't adopt our strategy within the first two years.Higher-quality digital photos and prints carry full pricing.We will retain the high-resolution data and clients can order more prints from us if they wish.The higher operating cost ratio in the first reflects the higher costs of advertising to establish visibility at the start of the business.This business is projected to become profitable in May 2006, after the start-up advertising is completed and customers begin to discover the service.Our photo studio includes quality props for portraits and baby, child and pet photography.The physical environment of the studio is fun and accessible, making families want to come here.High resolution printing will be outsourced and is included under Cost of Goods Sold.Phoebe's Photo Studio will help our clients to look their best, will keep their photos up-to-date, and will capture the special moments of their lives.