Omega Entertainment 1 Page Business Plan
Overview
Omega Entertainment has a clear business objective to promote Bands, Actors, and many other artists. These services have been developed over 6 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
Omega Entertainment 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 having no place in our local area to go to for professional studio time or professional agencies to help local artist expand. This is a critical issue for our selected target market of Artists, Bands, Actors.
The Value Proposition
Omega Entertainment is uniquely positioned to deliver value to Artists. "Omega Entertainment will Provide affordable studio time, management, and marketing to all of our clients." In order to be deliver on this value proposition, we will work side by side with our clients to find gigs, give affordable and reasonable studio time, and to give our clients the most out of our marketing strategies. 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 entertainment market. We consider our key competitors to be: Youtube, and other home studio producers. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with In our area with proficiency and highly affordable services..
Key Strategies
Over the next 6 months our focus will be to appoint board members for Omega Entertainment such as Treasure, Advertising and Marketing Managers, Talent Agents, and othe employees that the company will need. This task will be undertaken in the context of our broader strategy to Expand the company. 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 50+ clients Produce 15 master tracks a year Have 50+ employees
About this document
Bands, Actors, and Artists Business Plan
This document was created by Michael of Omega Entertainment using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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