Business Plan: Home Video Memory Preservation

A service dedicated to digitizing cherished home videos and photos, preserving memories for future generations.

Executive Summary

Home Video Memory Preservation aims to bridge the gap between old-fashioned media and modern technology, allowing families to preserve their priceless memories. Our service will provide high-quality digitization of videos and photos, ensuring they remain accessible and safe for future generations.

Business Objectives

• To digitize and preserve at least 1,000 home videos in the first year.
• To achieve a customer satisfaction rate of 95% or higher.
• To expand services to include online cloud storage solutions by the third year.

Market Analysis

Target Market

Our primary customers will be:

• Families with aging media formats (VHS, 8mm, etc.).
• Individuals looking to preserve significant life events (weddings, births, anniversaries).
• Historians and genealogists interested in preserving family history.

Industry Overview

The digitization industry is growing as families seek to preserve their memories in a more accessible format. The rise of cloud storage and online sharing has made digitization a necessity.

Services Offered

Service	Description	Price
Video Digitization	Conversion of VHS, 8mm, and MiniDV tapes into digital formats.	$25 per tape
Photo Scanning	High-resolution scanning of printed photos.	$0.50 per photo
Cloud Storage	Secure online storage for digitized memories.	$50 per year

Marketing Strategy

Our marketing strategy will include:

• Social media advertising targeting local families.
• Partnerships with local photographers and event planners.
• Hosting community workshops on memory preservation.

Operational Plan

Location

We will operate from a small office space with a dedicated area for processing videos and photos.

Equipment Needed

• Video capture equipment (VHS, 8mm players).
• High-quality photo scanner.
• Computer with video editing software.
• Storage devices for digitized files.

Financial Projections

Projected revenue for the first year is estimated at $50,000, with a steady growth of 20% per year as brand awareness increases.

Conclusion

Home Video Memory Preservation is poised to meet the growing demand for digitization services. With a focus on quality and customer satisfaction, our business will ensure that cherished memories are preserved for generations to come.