How to write a Modern advertising agency business plan
Table of Contents
This is how to start a digital marketing agency with business plan & documents. Therefore, whether for a start-up or an existing advertising agency, this is the advertising agency business plan template you need. This is also a digital marketing business plan for a freelance advertising agency. It’s designed to also take care of design agency, branding company, social media marketing and indoor advertising agency business plans. Thi is How to write a Modern advertising agency business plan.
So, do you want to learn how to plan, start and run a modern advertising agency? In fact, do you need a sample advertising agency business plan template? If your Answer is YES! My advice then is for you to read on. Here are the background information for writing this business plan. There are also highlighted all the elements of this business plan. I tell you, there are the executive summary, company profile, financial forecasts and many more.
How to write a Modern advertising agency business plan
Modern advertising agency business plan Background:
This is the beginning of everything you want. We present it as a sort of checklist or benchmarks for this business. Therefore:
- Choose the type of advertising agency you want to start,
- Write a business plan,
- Register and obtain the necessary licenses,
- Set up your office and get a website
- Buy other needed equipment,
- Arrange with suppliers for necessary materials,
- Start marketing.
- Contact prospective clients
- Network with other advert agencies.
- Seek for collaborations.
Elements of the business plan:
As a matter of fact, you really have to do some work on these.
- Executive summary.
- Company description.
- The Product
- Market analysis.
- Organizational management.
- Sales strategies.
- Funding requirements.
- Operational Projections
- Financial projections
How to write a Modern advertising agency business plan – Modern advertising agency business plan Illustrated:
This illustrative Modern advertising agency business plan can be used for government and non – government business grant applications. You can also use it for bank loan applications. It’s an added advantage if used in writing business proposals and business concept notes. It pays off whenever it’s used for business grant and other competitions. Advertising Agency business is a modern cash cow. It generate revenue like no other. But, this is when it’s given the right planning strategy. For this to work out properly, you will be needing our backing and mentorship. In fact, our professional business as consultants in Nigeria is to help you with the planning and execution of the business plan.
How to write a Modern advertising agency business plan – The Executive Summary:
All Purpose Modern Advert Company Limited is a business enterprise registered in Nigeria to render all types of advertising services. This business started trading on 28 November 2018. It has a registered office at No. 2, Design Street, Boundary Town Market.
The owners of the business are the two incorporated directors. These are Mr. & Mrs. Ijeoma. As a family we have been running this business as an enterprise in a low key since 2003. Our experience in the business is what is encouraging us to expand in it.
Our goal is to build a large all-purpose modern advertising outfit in this city. We have so designed this business to attract not less than 50% of the current market size. With that alone we hope to garner about 45% market share in this particular Boundary Town Market City.
We are putting up this business plan before the take-off of the business so that we will be able to get an overview of the business. Therefore, our emphasis here is on the product, market, marketing strategies, turnover and the level of profit/returns expected from now till the next three years. This is with the understanding that we are putting up this All Purpose Modern Advert Company Limited business plan to be able to re-strategize to achieve a higher growth rate, in comparison to what we have been realising ordinarily.
We have done a good research on this business which reveals among other things that the capital requirement of three million Naira is okay for the business.
The business plan shows a turnover of nine million, two hundred thousand Naira in the first year, and maintains a steady 20% growth annually till the 4th year.
How to write a Modern advertising agency business plan – OUR PRODUCTS AND SERVICES
All Purpose Modern Advert Company Limited was established with the aim of providing services that will enable it maximize profits in the advertising agency industry. Therefore, we are prepared to compete favourably with leading advertising agencies in this city and in Nigeria in general. This is why we have in place a competent workforce that will work with a team spirit that will ensure we meet and even surpass our customers’ expectations.
Our products and services include:
- Advertising services
- Advertising support services
- Strategic advert services
- Digital marketing Platforms
- Public relations support services
- Media planning, out-sourcing and representation
- Creating modern advertising campaigns
- Other related modern media and advertising advisory and consulting services
This is a large and comprehensive business plan. If you are interested in it, please contact us. Our charges are not grievous.
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How to write a Modern advertising agency business plan
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How to write a Modern advertising agency business plan
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Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.
