Group meeting 5

February 20, 2013

Today we looked through the questions we were advised to look at for the business plan.


What is your product? What is the ‘market’?
We would use abandoned or old buildings, for example office buildings no longer in use, and create minimalist dwelling spaces within.

Who are your ‘clientele’ (or might be in the future)? 
Students and young professionals.

What is your unique selling point (USP)? 
(TBC)

How does your business fit into the Nottingham community?
Office buildings aren't required, due to advanced technology. Also both universities in Nottingham have plenty of placement staff.

What is the local competition available to your potential clients?
A lot of companies are doing the same thing, but none are actually based in Nottingham. Even though we've been established for 2 years, we've already won a cosiderable amount of competitions in this field.

What are your strengths and weaknesses?  
(We said we would have one for each of the domain we are responsible for and a few for the company as a whole)
Company:

Strengths
-Local based company
-Wide clientele
-Based on individual work, we've gained some reputation
-Experience in working with international companies
-Latest technology

Weaknesses
-More or less similar background
-Need for outside help from experts in other fields
-We haven't been established for as long as other similar companies.

How will you justify commerciality? Where will you get funding?
(TBC)

What profits could you anticipate? 
(TBC)

What will be the costs (capital and running costs)?
(TBC)

How will you manage your company: private/public; ownership/partnership?
Private partnership.

How will you market/promote your company? 
(TBC)

What might be the implications of a continued recession?
(TBC)

How might you diversify or change course if needed? 
(TBC)

How might you expand your business activities?
(TBC)

What is your group /image/style? What is your design ethos? 
(TBC)

What evidence do you have of your own career development since graduation (your career plan)?
(TBC)

What is your attitude to sustainability and carbon reduction? 
(TBC)

What kind of an employer will you be?
(TBC)

How do you see the role of the professional institutions? (RIBA & CIAT)
(TBC)

________________

Absent:

Nicholas La Rosa

Group meeting 4

February 13, 2013

For today we worked on our profile statements, in which we've included a brief history of how we came to create the company and what experience we have gained over the years prior to the establishment of the company. We also started putting the website together, including the profile pages and some examples of our work.

For next meeting we need to think of our strengths and weaknesses and also think of a name and a logo for our company.

__________________

Absent:

Daniela Carpov

Group meeting 3

February 6, 2013

We had a tutorial today with Chris Heuvel. He helped us with the idea of making the business plan. 

We would focus on the time between 2020 and 2025. 

We would need to concentrate on the financial part, and try to imagine how technology would develop in that period of time. 

Would we grow in those 5 years or would we stay the same? 

Would we have offices in other cities? Nottingham would be considered the main headquarters though. 

Who would we employ? 

What would the political situation be like in the future?

We were also advised to reference all the pictures that we use on the website.

For the next meeting, we decided we need to work on our Profile page for the website.

_______________

All members present.

Group meeting 2

January 30, 2013

Today we spoke more in depth about what our company would focus on. We would specialize in small spaces and try to create minimal designs within these spaces to ensure maximum functionality. We would also aim for a green architecture.

For the future, we mentioned the possibility of creating a booklet to represent our company. We would include an article about our company, a small profile of each of us and some examples of our work experiences.

We also raised the question of who is our main clientele. We decided it would be students and young professionals.

________________

All members present.

Small Attic Loft Apartments

Examples of small designs

Similar to the examples above, our company would focus on specialising in designing small apartments with maximum features.