Tools4chefs 1 Page Business Plan
Overview
Tools4chefs has a clear business objective to distribute Equipment and supplies for cooking products. These products have been developed over 0 months 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 grow profitability. It is critical that we balance revenue growth with the growth in our cost base. Whilst the desire for profitable growth may constrain our growth rate, it is more important that revenue growth in isolation.
The Customer
Tools4chefs 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 The practicality and easy access to cooking products that are difficult to find in the UK. This is a critical issue for our selected target market of Chefs.
The Value Proposition
Tools4chefs is uniquely positioned to deliver value to Chefs. "Tools4chefs will Provide products for professionals in the hospitality industry that are useful and not easy o get hold of in the UK." In order to be deliver on this value proposition, we I am a chef myself myself, and in my experience a lot of my colleagues have to buy products abroad, and I believe this service will help solve a big problem among chefs. 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 Equipment and supplies for cooking market. We consider our key competitors to be: Nisbets, infusions4chefs, amazon.co.uk. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Nisbets, infusions4chefs, amazon.co.uk by We have products that are not carried by these competitors but are in great demand .
Key Strategies
Over the next 6 months our focus will be to Introduce more unique products that cannot be found in the UK. This task will be undertaken in the context of our broader strategy to Introduce food products like baked goods, Filipino chocolates, berry spirits. 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 200 orders within first quarter Launch food range Partnership with produce supplier like natoora
About this document
Equipment and supplies for cooking Business Plan
This document was created by Quina of Tools4chefs using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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