Outdoor Gear Designer Business Plan
Simplistic Labberinth Design Studio is a designer/prototyper that designs and produces a wide range outdoor gear. Simplistic Labyrinth can create a prototype according to customer specifications or Simplistic’s imagination. Once the prototype has been created, customers can license the product and make it their own. This service can be useful for companies who don’t have a design studio in-house or those that cannot make ‘one-off’ models.
Simplistic Labyrinth is able to design products for manufacturers and market them to the right companies. Simplistic Labyrinth Design Studio will leverage their competitive advantages of imagination and expertise to gain market share. Profits will be variable over time, a function of the revenue cycle for this type of business.
1.1 Objectives
The following are the goals for the first 3 years of operation:
- To build a service-based business whose main goal is to exceed customers’ expectations.
- Simplistic Labyrinth is used by at least four multimillion-dollar businesses.
- To increase the number client by 20% per year.
- To develop a sustainable home-based design studio that licenses designs to the top manufacturers in their respective fields.
1.2 Mission
Simplistic Labyrinth Design Studio aims to produce cutting-edge designs which can be licensed by manufacturers. We exist to help customers attract and retain them. This maxim will guide everything else. We will exceed your expectations with our services.