New Enterprise Development - Fine Art Gallery Ltd Company

New enterprise
development

Fine Art Gallery Ltd Company
 A company for providing artistic work to the people in the city of
Leicestershire. The company aims to provide best services in this
industry
 and also aims to achieve a 100 percent level of customer satisfaction.
 Painting industry
 The industry is highly competitive because of low entry barriers.
 Mostly small companies are there which cater to the demands of the locals
 Customer satisfaction is low because services are not provided in time
 High quality services is also not provided.

Vision and mission statement
 Vision Statement of the company
To become the best art gallery and leading paintings provider in
Leicestershire.
 Mission Statement of the company
The mission of the company is to provide high quality canvas and
handmade paintings. The company has the mission to operate and
maintain the art gallery for facilitating the creation, collection,
exhibition, interpretation and preservation of the art work for developing
the public understanding as well appreciation of the visual arts in this
city.

Objectives of the company
The objectives of the company in the next 3 years are given as follows:
 To achieve a sales revenue of approximately £500,000 by the third fiscal year.
 To further expand the business into the adjacent area of the cities where the
urban population is growing.
 To increase the appreciation of the art work and visual arts by the people in this
city.
The following key procedures will be used for reaching the above stated
objectives-
 An inventory coordinator position shall be created for every project and one
expediter shall be assigned to every project.
 There shall be a project manager for every project for ensuring timely delivery
and quality of the painting services.
 A profit sharing program will be established with the artists and the employees.