Formavision
Strengths
//Worked with a wide range of clients around the world to produce some amazing work
//Gain substantial amounts of positive feedback from previous clients
//Highly talented creative team with exceptional experience
//Members of team based in different areas of design; this allows them to all pull together in order to create distinct design ideas
Weaknesses
//Only three members of the team showcased on their website (there may be more). If this is the case then the company could consider employing freelancers in order to complete projects outside their knowledge base.
//Little information on their website as to what they do, how they do it and what they stand for; in providing this information to the viewer this could potentially increase the company's revenue.
Opportunities
//Could extend their business over to London, as they are an American based company but do have London based creatives within their team. (other cities may also be considered)
//Could take on graduates and run graduate schemes in order to increase the size of the team and provide the company with freshly graduated talent.
//The company could run a blog/social networking site (twitter/facebook) to give an insight to their clients and prospective clients the company interests and what they get up to in the studio. Again, this will enhance their profile and potentially provide them with more clients (and work!).
Threats
//There are many companies within the field of retail designs as it is becoming more and more important within todays society; due to the rise of the internet, retail spaces are required to be ever-more encapsulating in order to enhance sales figures. Therefore, it is of primary importance that Formavision remain at the height of the field in order to keep hold of their clients and reputation.
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