Re-va-new 1 Page Business Plan
Overview
Re-va-new has a clear business objective to distribute quality usedhousehold items at a fraction of the cost. All of Re-va-new's inventory is carefully sourced out to provide its customers with the best products at the best price possible.
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 revenue while sustaining the companies over all life and value. Sustaining life while being profitable is considered the most critical and measurable business goal. At this stage of our development, we consider this to be more important than growth, although both are important long term objectives.
The Customer
Re-va-new 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 Provide a sensible cost to customers. This is a critical issue for our selected target market of anyone living a home.
The Value Proposition
Re-va-new is uniquely positioned to deliver value to anyone living a home. "Re-va-new will Provide quality used products for a realistic price." In order for Re-va-new to provide this value proposition, we focus our time and energy sourcing out the best stock available. This capability forms the cornerstone of our competitive advantage.
Competitors
We have a number of competitors within the used household goods market. We consider our key competitors to be: VALUE VILLAGE, MCC THRIFT STORE, SALVATION ARMY THRIFT STORE. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with VALUE VILLAGE, MCC THRIFT STORE, SALVATION ARMY THRIFT STORE by pbtaining our inventpry at little ro no cost and by not carrying a bunch of overpriced junk. Just quality household items at a fraction of the cost.
Key Strategies
Over the next 6 months our focus will be to Apply for grants and loans, a retail space, and a bisiness licence. This task will be undertaken in the context of our broader strategy to succeed and look into opening a second location. 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:
Open our first location.
Show profitable earnings in the first year.
Aquire Custer base necessary for expansion
About this document
Household goods Business Plan
This document was created by KYLE of Re-va-new using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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