/business plan
At MODE, we run our business in the staple market area of residential design. We are based in a home unit in Lenton, Nottingham, however will move through to rented accommodation close by after the first year. We intend to integrate the design and manufacture process by bringing large scale 3D printing into our company by year 5 of our business.
Our target clients include the individual homeowner and the property developer, whilst also maintaining close links with the local councils to remain up to date and involved, in the best interests of the community.
First year sales are expected to reach a minimum of £100,000 using individually established links into the industry. By year five (2025), we anticipate that this will have reached £3 million, having integrated the manufacturing process into our practice. In our first year we have minimal running costs deriving from free premises.
Our greatest challenges depend on the development and availability of 3D printing technology.
"We will begin as a small firm, focusing our efforts on the Nottinghamshire Area initially. We wish to establish a vast, global client base in the long term, and it is crucial that our practice receives exposure through advertising to achieve this."
The following business plan will describe, in detail, the processes that will take our company from a start-up to a well-established firm, and how we envisage the structure of the company to evolve during that time.