Starting a GoPro Business
Starting a GoPro business especially as a videographer would require a critical assessment of the business environment and other aspects such as consumers, taxations, competition, and technologies available. While planning to start up a GoPro adventurous videographer business in Stony Brook, I intend to manage the consumer interests effectively, bearing in mind that the product that I will be offering are purely professional videos which can easily be signed up by the GoPro incorporation. I would like to produce video about adventure, using the cameras from the GoPro inc. and their video editing software to ensure the reality of my productions are captured and that the professional aspects of the production are felt all over the place. I have an intention of interacting with nature to treat the customers to the greatest ever images that will please and excite them to the greatest heights. I would need to know the demographic composition of the location, income proportions, economic activities, interests, and the culture of the potential customers of the Stony Brook region, which is an institution that contains diverse people from different lifestyles and cultures. The information will expound on the viability of the region (Mróz 125). Also, having extensive knowledge of the competing products and other aspects such as entering behavior and the potential risks incurred will help in planning how to position the product.
GoPro cameras and editing technologies are on demand in the Stony Brook region, as there are few competitors, hence this will convince the company to grant me the line of operating the business in this region full of potential and favorable terms of business through taxation, population, regulations, and policies. In addition, the enthusiastic population here ensures that the products are demanded. Most of the potential customers for the GoPro products here are mainly merry-makers in public and private places, which are known for their enthusiasm about the products and the trending technological movies and videos, mainly of adventurous nature (Mróz 125). According to the GoPro rules, the presentation of a viable business proposal about the likely products offered will ensure issuance of certificates and licenses to start the business. Thus, I believe that the business idea of adventure videographer and the sale of GoPro camera products and technological software will be a reputable and viable venture to warrant licensing.
Through the GoPro’s content licensing portal, there is likelihood of having the license on time to start the business in the new location, to make use of the quality GoPro videos, cameras and the technological appliances such as editing software. The meta-data resources that are available to me are essential for the realization of this potential venture. Following the online and physical research on the tax incentives at the stony brook university region, the tax incentives are critical as they are flexible and enables for the companies to use the available resources to effect the changes that they require (Mróz 125). GoPro taxation policy, especially during licensing are capable of initiating …