NG Musician's 1 Page Business Plan

Guitar teaching Business Plan

NG Musician's 1 Page Business Plan



Overview
NG Musician's has a clear business objective to develop Guitar teaching services. These services have been developed over 7 years with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives

When as a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to acquire new customers. Customer acquisition is considered to be the critical activity and we are seeking to grow the number of customers. We understand that customer growth could be at the expense of profitability, and that there is a cost associated with customer acquisition. Our long term objective is to build a clear customer acquisition process.
The Customer

NG Musician's has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as Simple, cheap guitar teaching. This is a critical issue for our selected target market of Beginner guitarist's.
The Value Proposition


NG Musician's is uniquely positioned to deliver value to Beginner guitarist's. "NG Musician's will Offers fast, fun and affordable learning for all styles and players." In order to be deliver on this value proposition, we We are young yet experienced. We know what it's like to be eager and want more for your money. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors

We have a number of competitors within the Guitar teaching market. We consider our key competitors to be: Other private guitar teachers. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Other private guitar teachers by We are young and know the frustration of having teachers that are to old to remember having to learn them selfs, Who are to old to understand how and why you want to play..

Key Strategies

Over the next 6 months our focus will be to Fun learning for new guitar players. Designed around you for you. This task will be undertaken in the context of our broader strategy to This will always be the key goal . These strategies are a tactical implementation of our overall business goal as outlined above.
Milestones

Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: Obtain 20 customers Have a building/school A steady income
About this document
Guitar teaching Business Plan
This document was created by Peter of NG Musician's using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.

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