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Truong Ly Design Inc.
Toronto, Ontario, Canada
MP
Business Development
Preferred learners
  • Canada
  • Academic experience
Categories
Business strategy Communications Market research Competitive analysis Marketing strategy Marketing analytics
Project scope
What is the main goal for this project?

The main goal for the project is to create a comprehensive business plan for Truong Ly Design Inc.'s online art studio business. This will involve understanding the company's vision and goals, analyzing the target market, developing a marketing and sales strategy, creating a financial plan, and outlining the operational structure of the online art studio business.


What tasks will learners need to complete to achieve the project goal?


- Conducting interviews with the company's founder and key stakeholders to understand the vision and goals for the online art studio business.


- Researching and analyzing the target market for online art products and services.


- Developing a marketing and sales strategy tailored to the online art studio business.


- Creating a financial plan including revenue projections, cost analysis, and funding requirements.


- Outlining the operational structure of the online art studio business, including production, supply chain, and customer service.



Final deliverables:


- A comprehensive business plan document outlining all aspects of the online art studio business.


- A presentation summarizing the key elements of the business plan and highlighting the unique value proposition of the online art studio business.


How will you support learners in completing the project?

Our business development officer will be working along side with the learners. Company may provide access to tools and technology if required.

What skills or technologies will help learners to complete the project?


In order to complete this project, students can self-teach, but it is beneficial to be familiar with:


- Business plan development and analysis.


- Market research and analysis.


- Marketing and sales strategy development.


- Financial planning and analysis.


- Presentation skills.



Nice to haves for students include:


- Experience with online retail or art-related businesses.


- Knowledge of e-commerce platforms and digital marketing strategies.



Students will be expected to research and learn more about the above as the project goes along.

About the company
  • https://truongly.com
  • 11 - 50 employees
  • Arts, Construction, engineering & trades, It & computing, Real estate

Truong Ly Design Inc. was founded by the Founder Truong Ly in the year 2019 after an extremely experienced career in the interior designing field with a vision to create a niche interior designing company focusing on residential and hospitality projects. We have high standards of work ethics, integrity, and authenticity. We are building a company where our clients are at core of our work process and their satisfaction is our ultimate goal.