Sunday, June 7, 2015

Week 1 Project: Business Plan - Part I

Company Description
Neway Interactive Advertising (NIA) LLC will operate in Los Angeles, California as a creator of high-end multimedia advertisements. As advertising production specialists, we focus on implementing the latest process and best ad practices exclusively to small and large-scale clients that are seeking ingenious, eye-catching, clever, and memorable advertisements for their brands. 
The Company’s Mission
Neway Interactive Advertising LLC is committed to delivering high-end multimedia advertisement on excellent industry knowledge. We are dedicated to exhibiting a real understanding of the problems that affect our clients and finding the solution. We are devoted to assisting clients in achieving their marketing goals and objectives.

Services

Complete and custom creation of advertisements will be provided this includes all the audio-visual and printed media. These services will be provided to businesses seeking a variety of advertisement types, which includes but is not limited to radio ads, television ads, billboard ads, building ads, brochures, and direct mail-in ads. We will provide these services by setting up a series of consultation meetings with the client to establish the goals and requirements of the client’s advertisement(s), to engage and concur with the client during the creation and production process, and to deploy the advertisement to the businesses’ target market. Individual quotes will be rendered per project.

The company currently has a solid clientele base but wishes to expand to more non-profit and governmental agencies. Neway Interactive Advertising seeks to meet the growing needs for ad creation in the Greater California region. Currently, Neway has clients in over six states and this number is growing due the quality service provided to each and every client.

Development to Date

The advertising production specialist team has developed an award winning and effective six-step process to produce high-end multimedia advertisements. This six-step process is ready to be deployed and used for each client. Full time staff located in Los Angeles will be available to handle customer inquiries, accounting and invoicing, and updating the social media networks in person or by phone.

Legal Status and Ownership

Neway Interactive Advertisements was registered in January 2012 as a Limited Liability Company in the state of California. NIA is owned and managed by Adrienne Grimes and Lauren Grimes in Los Angeles, California.
NIA has trademarked the company name “Neway Interactive Advertising” and the company slogan, “We will show you the way to success.” Currently, NIA is working with legal representation at have the six-step creation and production process registered as a trade secret.

Operations
Neway Interactive Advertisements will operate from Los Angeles California. It will operate as a full-service creator of high-end multimedia advertising company that provides complete and custom advertisement services to small and large-scale companies that require a wide range of production mediums. Individual quotes will be rendered per project.
The facilities will include a full service team of advertising production specialists that will create, build, and execute custom advertisements as they are requested. The team will have the option to travel to clients where the need permits. Project fees will be based on project time length and the specific requirements of each project. An agreement can be established to include multiple advertisement contracts over a specific period of time.
A team of skilled customer service representatives will handle any accounting, invoicing, and customer questions during normal business hours. The unique quality of service provided by the team from NIA will offer clients a wide range of advertising project mediums.  
Technology
The facilities will include a full creative “think tank room” equip with an array of hardware and software.
Hardware: 3 MacBook desktop computers, 3 MacBook Pro laptops, a color printer, scanner, fax machine, Cisco IP Phones, a External Backup Server
Software: Microsoft Office, Photoshop, Visual Basics, iMovie, Garageband

MANAGEMENT

The management that makes NIA a success because it is comprised of 3 people make up its successful management team.

Key Employees

Adrienne Grimes, OWNER. Adrienne Grimes has over 8 years of managerial, entrepreneurial, and advertising creating experience. Through meaningful networking and working in the advertising industry, Adrienne has developed professional associates within the production industry all over the nation. Adrienne is responsible for all the day-today management and financial decisions. Additionally, she is responsible for implementing the company’s long and short-term objectives. She has developed projects for multiple Fortune 500 companies on a continuous basis. She is alumnus at Massachusetts Institute of Technology with Bachelors of Science in Advertising and George Mason University.

Lauren Grimes, Head Designer. Lauren has over 5 years experience in creating advertisements with LivingSocial. Lauren is responsible for leading the design team during creation phases of the projects Lauren is a graduate from George Mason University majoring in public relations and management. He has had the opportunity to produce advertising and marketing media for President Barak Obama for his first term.

Antoinette Harris, Head Producer. Antoinette has over five years experience in designing creative media for Truth. She will be responsible for deploying the advertisement ideas on a wide variety of platforms and mediums. She is a graduate from the Art Institute of Philadelphia majoring in public relations and computer and graphic design. She has been featured in the New York Times for her memorable ads.
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Key Advisors

Jamal Santiago, Head Public Relations Manager for The Truth. For over ten years, Jamal Santiago has owned and operated the media produced for The Truth operating out of Flordia. The Truth is a national tobacco prevention campaign that seeks to stop minor smoking. With over 20 years experience in public relations and advertising, his expertise and respected insight into the industry will be able to give creditable and valuable advice to NIA.

Andrew Cummings, Media Analysis Specialist for PALO. For over fifteen years, Andew Cummings has owned PALO Media and Productions Company operating out of San Diego, California. Andrew is a well-known strategist in the media industry in California. Aside from being a key investor for the “think tank” room, Cummings has been an effective partner in determining long-term and short-term growth for NIA.



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