Business Plan Developer
/Organization:
Vancouver Island Visual Arts Society
Deadline:
May. 22, 2024
Organization Description:
Victoria based visual arts organization.
Website:
Job Description:
Vancouver Island Visual Arts Society (VIVAS) is offering an opportunity for qualified parties to secure a contract for the development of a comprehensive business plan for the acquisition and financially stable operation of 780 Blanshard St. This project presents a strategic avenue for the VIVAS to secure ownership of the much-needed affordable arts hub in the heart of downtown Victoria. The business plan will encompass various aspects such as financial projections, market analysis, risk assessment, operational strategies, a detailed timeline for acquisition and the development of a financially viable operating model.
Responsibilities:
The Vancouver Island Visual Arts Society (VIVAS) seeks proposals from qualified firms or individuals to develop a comprehensive business plan for the acquisition and financially stable operation of 780 Blanshard St. The purpose of this business plan is to analyze the financial and operational feasibility of VIVAS acquiring the property and outline a strategic roadmap for its successful implementation.
The final deliverable document must include the following:
1. MarketAnalysis:
○ Conduct a thorough analysis of the local real estate market and the broader arts community in Victoria.
○ Identify trends, opportunities, and potential challenges related to the acquisition of 780 Blanshard St.
○ Assess demand for arts spaces and potential revenue streams.
2. FinancialAnalysis:
○ Develop detailed financial projections, including acquisition costs, operating expenses, and revenue forecasts.
○ Evaluate different funding options and financial models for the acquisition.
○ Conduct sensitivity analysis to assess the financial viability under various scenarios.
3. OperationalAnalysis:
○ Assess the operational requirements for managing and maintaining the property.
○ Identify potential synergies with existing VIVAS programs and activities.
○ Develop strategies to optimize operational efficiency and maximize impact.
4. RiskAssessment:
○ Identify potential risks and challenges associated with the acquisition.
○ Develop risk mitigation strategies to minimize potential negative impacts.
5. StrategicPlan:
○ Develop a comprehensive strategic plan outlining short-term and long-term goals for the acquisition.
○ Define key milestones, timelines, and deliverables for implementation.
○ Provide recommendations for stakeholder engagement and community involvement.
Qualifications:
Organization Qualifications and Experience
○ Demonstrated ability to execute similar projects successfully.
○ Demonstrated expertise and capabilities relevant to the RFP
requirements.
○ Years of experience in the field.
How to Apply:
Applications must be sent electronically to wearevivas@gmail.com
Link to view the full RFP:
https://wearevivas.ca/static/pdf/VIVAS-RFP-Acquisition-Business-Plan-04-27-2024.pdf
Remuneration:
$25000
Contact Name: Logan Ford
Contact Email: wearevivas@gmail.com
Contact Phone: (250) 415-6372
