BVIM REVIEWER (1) PDF
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This document provides a sample of opportunities in the creative industry. It outlines various jobs, principles that should be applied to businesses in the Philippines, and how businesses can be run efficiently, effectively, and profitably.
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Sample of Opportunities to Find in Creative Industry Photography Studio Advertising Company Animation Studio Art School/Training Center Video Production Company Printing Business Web Design and Development Jobs in the Creative Industry Graphic Designer - visu...
Sample of Opportunities to Find in Creative Industry Photography Studio Advertising Company Animation Studio Art School/Training Center Video Production Company Printing Business Web Design and Development Jobs in the Creative Industry Graphic Designer - visually convey an idea or concept Web Designer - creates designs and layouts for websites Art Director - chairs the visual department Creative Director - heads the overall team of specialist Illustrator - conceives and develops original artwork for publications Copywriter - develops concepts and ideas for advertising and marketing materials UI Designer - determines the overall structure and flow of information on Web pages Multimedia Designer - designs and develops multimedia presentations combining still images Production Manager - oversees the production of media and communication materials Storyboard Artist - draws sketches of scenes in a film or video before production begins Colorist - post-production technicians who adjust the color, tint, and hue of the final product Video Editor - responsible for editing and assembling recorded raw material How to Spot a Business Opportunity in a Creative Setting Customers Insight - invest in customers first Competitor's Check - not to imitate other business Industry Trends & Insights - keep updated Collaborate - must let people in Find a Mentor - connect with the experts What are these Principles Build Something that you are Passionate About - put up a business that's inclined with what he/she loves to do Level up the Game - keep on innovating Be Accountable to Your Clients - create something that will be convenient for the client Pay Government Dues - paying the right taxes Team Work Makes the Dream Work - Come up with solutions together --- Character of a Creative Leader Knows How to Lead Himself - dedication & punctuality / self-discipline Intentional - allow to grow Servant-Leader - look out in well being of staffs Looking Things in New Ways - creates new ways Quick to Listen and Slow to Speak - constructively evaluate How Project Coordination Works Get all details of the project first. Get all the necessary information from the client Create an organizing committee for the project. There should be an assigned committee every time there is a project to maintain the organization and proper flow of the project Delegate the tasks for each committee. Orient on the process of communication between each committee Plan and brainstorm on how the project should be executed and how it should look like once it’s done Execute the project. Put the concepts and ideas into action Once executed, the evaluation needs to be done. It is important to evaluate everything Time Management Create a Task Plan - it is organizing what needs to be done on a certain project Set Goals & Objectives - set what you want to achieve after the project, and why do you want to achieve it Set a Schedule - set a deadline for every task Resource Management Accountability - being transparent in everything that you do Task Delegation - utilize the specific skill and ability of each member when delegating tasks Resource Management Plan - for every project or production, the team must check the availability of resources, list the materials or equipment needed, and how many How to Foster Creative Collaboration Goal Setting - a goal must be set, and it should be clear with everyone to avoid miscommunication Team Empower - work with strength than highlighting the weakness Encourage Innovation - instill a “can-do” attitude among the team to motivate them to live up to those “can-do” expectations How to Build a Great Creative Team Reward, Recognize, and Celebrate Collaborative Behavior - E.A.R Principle "Encourage team members to keep up their good work Affirm each one on where they are good at. Remind each one of their significant part in the team to encourage them always to do better." Communicate - roles and responsibilities of every team member should be discussed for clear understanding Get the Right People - Technical Skills "should have the right skills", Culture Fit "check if the person’s qualification matches with what’s on the description", Flexibility "right person for the job is willing to go out of his/her comfort zone" Use a Skills Matrix - ensure your team is versatile in handling any project assigned to them Invest in People Development - investing in the development of the core skills and technical skills of the team member --- What are the Types of Businesses in the Philippines Liability of Owners ○ Sole Proprietorship - owner is personally liable for all the obligations ○ Partnership (Joint) - partners are personally liable for all the obligations ○ Corporation - liability of the owners is limited to their share in the capital Tax Treatment ○ Sole Proprietorship - taxed as individuals ○ Partnership (Joint) - fixed at 30% of net income ○ Corporation - fixed at 30% of net income Control and Management ○ Sole Proprietorship - owner has full control of the business ○ Partnership (Joint) - management is directed by the partners holding a majority stake ○ Corporation - controlled by its Board of Directors. Ease of Raising Capital ○ Sole Proprietorship - limited by the creditworthiness of the owner ○ Partnership (Joint) - the partners jointly raise capital for the business and agree on contribution and sharing ○ Corporation - various options in raising capital such as equity financing, debt financing, stock-option plan, debt-to-equity conversion, etc Ease of Establishment ○ Sole Proprietorship - easiest to establish as only registration with the DTI, BIR and local business permits are required ○ Partnership (Joint) - partnerships are registered with the SEC, BIR and local business permits are also required ○ Corporation - corporations are registered with SEC, BIR and local business permits are also required Roles of the Agencies After Business Registration DTI - provides training and seminars for the business improvement BIR - they inspect the book of accounts of the businesses and check the annual filing of taxes LGU - only certifies that the business you are putting up is legal and acknowledges by the locality SEC - policymaking with regards to the market in securities Basic Contracts and Essential Forms for Designers Contract - document signed by both parties that they agreed on specific terms Breach of Contract - happens if one wasn't able to fulfill what was agreed on in a contract Intellectual Property Rights Intellectual Property - confidential information or secret practices Trademark - a specific sign that associates any goods or services Copyright - the legal protection extended to the owner Patent - a right to stop others from using an invention