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Success
Planning Features
Contains everything you need to create professional studio business
plans. Helps you understand your business
and its interrelated parts better and helps you set financial goals
so you can get the financial results you desire.
Prints partial or full plans in one step. Use your printed plans to
apply for bank loans and lines of credit.
Automatically projects the amount of money your business will have at
the end of each month during the plan year. Know if and when you'll
be short of cash well in advance so you can make arrangements for short-term
loans and/or plan income-producing promotions.
Creates a monthly capital budget containing planned loan principle repayments
and capital purchases (for equipment, furniture, computers, etc.) and
capital additions (the sale of equipment, loans received, etc.). Plan
the best time to make large purchases and secure loans.
Enter capital budget projections that recur monthly with a single mouse
click. Speeds the planning process.
Project owner draws and income received from sources other than client
receipts. All financial transactions can be included in your plan to
make it accurate and comprehensive.
Creates a monthly expense budget for your studio. Know how much you
plan to spend in advance so you can be sure to cover your costs and
produce a profit.
Comes with a standard set of photography industry expense categories.
Saves you time and insures your expenses are recorded in a standard
way so accountants, studio business consultants and instructors can
understand your plan and give useful advice.
Add, change and delete expense categories to suit your studio's needs.
Handles all of your unique expense situations that do not fit into a
standard category.
Breaks expense category projections down into the individual items you
purchase. Make super-accurate expense projections.
Shows projected expenses grouped by their actual business function.
Makes it easy see the real purpose behind projected business purchases.
Enter expense projections that recur monthly with a single mouse click.
Greatly speeds the planning process.
Creates a Five-Year Plan that tells you where you believe your business
is headed in terms of sales volume. Gives you the power to manage the
long-term direction of your business.
Helps define your personal and business goals. Specifying your goals,
then reviewing them periodically, is the best way to make sure they
actually happen.
Projects your Cost of Sales. Allows you to see the effect on your bottom
line of the cost to manufacture your products.
Projects your Cost of Sales automatically. Provides better accuracy
and allows you to conduct “what if” scenarios with your sales
volume without continually readjusting Cost of Sales figures to match
the new sales levels.
Automatically determines your studio's break-even point—the minimum
gross sales level you need to achieve to pay all of your expenses. Know
in advance exactly how much you must gross for your studio to make a
profit.
Automatically produces an Income & Expense Budget showing your projected
Net Profit as well as how your projected Gross Sales, Cost of Sales,
Gross Profit, and General Expenses relate to one another. Shows your
studio's financial “big picture” in an easy to understand
way.
Your projected “bottom line” (total compensation) is clearly
expressed in terms that are most important to a business owner: your
salary + the studio's Net Profit. Instantly see exactly how much you
plan to be compensated for your efforts.
Projections automatically appear on reports in the Success Tracking
application so you can compare actual figures to your goals easily.
Knowing that you are hitting your goals will give you peace of mind.
Not reaching your goals alerts you to potential business problems when
there is still time for correction.
If desired, uses your current plan as a starting point for next year's
plan. Saves you time by allowing you to “tweak” last year's
plan instead of creating a whole new plan from scratch.
Helps you perform a “product line analysis” for each of your
product lines and their categories. Evaluate each of your product lines
to determine how they should be marketed and merchandised and their
relative value to your business.
Helps you formulate a detailed marketing plan for each product line.
Create a comprehensive marketing strategy for your entire business.
Helps you determine how to implement your marketing plan by scheduling
marketing tasks for the coming year. Brings structure to your marketing
efforts.
Projects the number of sessions you plan to perform each month for each
product line and category. Know how many sessions your studio needs
to perform each month to be profitable.
Projects the sales level you expect to achieve each month for each product
line and category. Know the gross sales level you must achieve to be
profitable.
If desired, sets sales projections automatically based on your projected
sessions and average sales within each product line category. Increases
accuracy and speeds the planning process. Allows you to conduct “what
if” scenarios with your session volume without continually readjusting
sales figures.
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See
our clients, Jim and Stephanie Kennedy, in the Simple Photo Minute!
They talk about SuccessWare, give a tour of their two businesses,
and provide lots of valuable info.
Requires QuickTime.
Image ©2006 Jim
Kennedy Photographers. All rights reserved. |
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How To Order
Whether
you've decided to purchase or lease, you can phone us at 800-593-3767 or e-mail us. |
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The number one management question I am asked by portrait and wedding photographers today is: “What kind of software do I need to manage my business?” Until the development of SuccessWare, I'd have to tell them to do as I had done for a decade: use an assortment of existing off-the-shelf software applications (spreadsheet, data base, and bill-paying packages) to patch together a system that provides the essential business data required for making correct management decisions.