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Friday, June 20, 2014

N.Bar 1 Page Business Plan

Skin nail wax massage Business Plan

N.Bar 1 Page Business Plan



Overview

N.Bar has a clear business objective to promote Skin, Nail, Wax, Massage products and services. These products and services have been developed over 2 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 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

N.Bar 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 need for a higher quality salon with more of the latest styles and services as well as better quality pampering and relaxation. This is a critical issue for our selected target market of Woman and men.

The Value Proposition

N.Bar is uniquely positioned to deliver value to Woman and Men. "N.Bar will offer beverages, promote hygiene and maintain self image." In order to deliver on this value proposition, our professionals are more skilled and creative. 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 Skin Nail Wax Massage market. We consider our key competitors to be: Aqua, vogue, vinas, le belle . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Aqua, vogue, vinas, le belle by Higher knowledge of the industry and business.


Key Strategies

Over the next 6 months our focus will be to utilize Website, social media, word of mouth and Incorporate social events into our services . This task will be undertaken in the context of our broader strategy to Expand to accomodate more products/services and employees. 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 a full schedule for employees Partner with different professionals and business Expand overall.

About this document
Skin nail wax massage Business Plan
This document was created by Tuan of N.Bar using the 5 minute Busine
ss Plan App. This technology and approach is powered by HyperQuestions.

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