So it's all coming to the point of reflection, evaluation and critical analysis relating to the assignment as a whole.
“A business on a shoestring”.
Within this post I hope to evaluate and analyse the whole experience in stages. Starting with idea development, the assignment proposal, producing a business plan. I also want to re-look at areas already mentioned within this blog. As well as assessing the level of commercial success, and may even go as far as setting out plans for moving this venture on further afield.
As all assignments, they start with ideas, and as always that is never a problem. However, narrowing these down to find something that is realistic for a small business is not as easy as it sounds.I have discussed my initial ideas earlier. however, I feel I need to justify the reasons for going with the textile images of local areas. After some initial debate with tutors in relation to the permanent exhibition space within Jack’s Barber shop. I decided that this needed more research in relation to the competition or possible other venues. To be extremely critical there was also the risk of loss or damage from the small fingered customers as well as the heavy handedness of the more senior gentlemen visiting the shop for their regular trim.
The second
proposed ideas seemed an interesting venture. To include my favourite holiday
destination and a passion for painting decorative motifs. Sadly, this was
proving to be an extremely difficult proposal to fulfil.
Initially I had
researched Menorcan sandals and found a possible supplier. As well as my supply
of source materials which would allow me to design and paint onto the sandals. I
even plan to order a range of sizes off the Internet to get started. This is
where the plan fell flat, as the assignment runs from late September to early
January! By the time I created a range of designs, painted them on the sandals,
produce enough samples to make it worthwhile to have a stall at the market,
Menorca would be close for the winter. Not to mention the time I would need to
take off from University to see if the venture would work.
On reflection it
was a nice try, but not a proposal that, let’s face it is ever going to be a
possibility as far as this assignment is concerned. However, I do feel that
this is a project that can be achieved. In my initial research I found that I
can source the sandals at a cost that would allow me to sell my work at a
realistic price.
From my time in Menorca I did see customised
sandals, however, I do feel there is a gap in the market that I would like to
exploit. Also the logistics of such a venture, in relation to the cost of the
product as well as the flights time and accommodation, would not meet the needs
of the criteria of this module which is of course a business on a shoestring.
All assignments
need a proposal, clearly stating the aims and objectives in relation to the
needs of the brief. This for me initially was quite a difficult document to
produce. I did not fully understand the amount of information that was
required. However, I feel that the information within the business plan gives a
full account of what I planned to do as well as my objectives.
“Jo Booth
Design designs and creates bespoke textile art using local landmarks as its
basis. Each piece of art is a unique design, placing a photograph onto fabric,
stretched over a wooden frame and decorated using fabrics, threads and textiles
to complement the photograph. As well as producing these pieces for three local
towns, Cheadle, Buxton and Hartington, Jo Booth Design also offers a commission
service, taking a personal picture and designing something for the individual.
Initially
the business will start in the three areas mentioned, but will look to expand
its horizons into other areas, as the business model is adaptable to take the
personality of any area.
As well as
selling in three shops, one for each area, the business will use social media
and the internet to offer the service to anyone. Commissions will be available
to individuals as well as business organisations.
Through
market research, the product I'm providing is unique, affordable piece of art
to grace any home. The aim is to use as broad a customer base as possible. Not
only is it aimed at local home owners, it is also aimed at tourists looking for
a memento of their visit to The Peak District”.
This section has been taken from the business plan however, on reflection it states exactly what I should have put into the assignment proposal.
Two designs of the lighter colour ways.
The cheese shop Hartington
Writing this proposal was one of
the most helpful aspects of this assignment. By setting out a clear time plan
stating what is going to be done and when. Having applied the schedule set out
in the time plan I was able to question some areas of my work. Therefore, been
able to re-evaluate areas such as the time frame in which the work for sale
needed to be produced. Initially I thought that’s the work for sale had to be
produced at such a rate that would not have time to develop the idea.
This plan also
helped me to, make firm plans with the owners of the proposed businesses that
were going to sell my work. Allowing me to make small samples to take to the
shops for feedback which in turn allowed me to make alterations to my work as
specified by the three shop owners.
On the whole the
comments made did not really relate to the work, they related to the need for a
point of sale. The owner of number 62 venue in Cheadle pointed out that, if I
was to receive any commission work I needed something that told the customer
who I was and what I did. This proved to be a very helpful piece of
information, as I have received three commissions all from the point of sales.
From this experience
I have now realise that you have to sell yourself, as well as your work.
Another aspect
of the business plan that I found very interesting was the financial side. My
initial thoughts were quite naive, basically I thought I would have a small sum
of money I’d use that to make some artwork, using materials that I had
stockpiled over a number of years. The only thing I would need to buy would be
the base fabric. I would create a small production line to produce as many
pieces of work as I could in the time allowed. And of course they would all
sell.
But in reality
when you look what is required within the business plan, ranging from a cost
and pricing strategy, financial forecast as well as a personal survival budget.
It’s not that easy.
Having said that
I do realise, the importance of having all this information. As the results of
all the number crunching in the relevant places I now understand the need for
this information. It clearly shows how profitable this business could be if
projected correctly within the information.
I can see why
this document needs to be precisely compiled with truthful information. I feel
that if you were trying to sell this to a bank manager is we clearly are. You
need to sell it to yourself as well it needs to be very convincing.
On a critical
note I do think I need to develop a backup plan, it always a good idea to have
a plan B.
Possible pig farmer
Or a steam train driver
All that is left in me to complete, I feel is to analyse the success of the business.
For me the most significant aspect of producing the artwork was the realisation that your initial idea can be so blinkered, if something does not go to plan, it can be hard to see past this and develop other avenues. This was the case when I discovered that the emulsion prints was not as colourful as my original designs.
After some discussion it was suggested that this could open up other sales opportunities. I have to say this is exactly what happens out of the 10 designs produced four sold.
Two designs of the stronger colours ways.
Two designs of the lighter colour ways.
If the colours had not washed out at the end of the emulsion print transfer process, I would only have produced work with strong colours within the Print, as well as using the strong colours voiles and threads. This would most definitely have affected the sales.
As mentioned before a significant boost to the sales of artwork has been the three commissions. Which have come directly from the point of sale placed within number 62 on Cheadle high Street.
To to move this venture forward I would like to implement aspects of the collage and emulsion print transfer to produce larger pieces of work. This could also accommodate commission work by using imagery either produced by myself to meet the brief or provided by the new customer. I have plans to complete the opera piece that is shown below. And contact Buxton Opera house to see if there is an opportunity for possible sale, or commission based on this work.
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