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Business Plan: SketchConnect

Introduction: SketchConnect is an online platform that aims to connect artists and models for paid sketching sessions. The platform allows both artists and models to set their own rates and terms, providing a flexible and convenient way for individuals in the art industry to collaborate and earn income.

Target Market: Our target market includes emerging and established artists looking to practice their sketching skills, as well as models interested in posing for art sessions. We will initially focus on urban areas with a high concentration of art schools, studios, and galleries where there is a demand for such services.

Revenue Streams: SketchConnect will generate revenue through a commission-based model where we take a percentage of the transaction between the artist and the model for each sketching session booked through the platform. This commission will be transparent and clearly communicated to both parties.

Marketing Strategy: To attract artists and models to the platform, we will utilize social media marketing, partnerships with art schools and studios, as well as targeted online advertising. We will also leverage influencers in the art community to promote SketchConnect and build brand awareness.

Platform Features: SketchConnect will feature user profiles for artists and models where they can showcase their work and experience. The platform will include a booking system for scheduling sketching sessions, a rating and review system for feedback, and a secure payment gateway for transactions.

Competitive Advantage: One of the key differentiators of SketchConnect is the flexibility it offers to both artists and models in terms of setting their own rates and terms. This empowers users to negotiate and collaborate based on their preferences, making the platform attractive to a wide range of individuals in the art industry.

Financial Projections: - Number of sketching sessions per month: 200 - Average session price: $50 - Commission rate: 10%

Estimated Monthly Revenue Calculation: 200 sessions x $50/session x 10% commission = $1,000

Estimated MRR: $1,000

Startup Idea: A platform connecting artists and models for paid sketching sessions, allowing both parties to set their own rates and terms