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Wednesday, August 31, 2016

Hair By Ro 1 Page Business Plan

Hair styling and treatments Business Plan

Hair By Ro 1 Page Business Plan


 

Overview

Hair By Ro has a clear business objective to produce Hair styling and treatments products and services. These products and services have been developed over 5 years with a core focus on addressing the key customer problem and associated opportunities.

The Business Objectives

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

Hair By Ro 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 Damaged or broken hair. This is a critical issue for our selected target market of Women in general.

The Value Proposition
 

Hair By Ro is uniquely positioned to deliver value to Women in general. "Hair By Ro will Provide the best hair care service , giving them what they need for an affordable price." In order to be deliver on this value proposition, we Providing good service for an affordable price is something you can't beat. Many people avoid going to the hair salon because salons charge sky rocket prices for a hairstyle that doesn't really look good or last long. 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 Hair styling and treatments market. We consider our key competitors to be: Other hairstylist . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Other hairstylist by My confidence allows me me to compete because I know what I can do and what I'm capable of.


Key Strategies

Over the next 6 months, our focus will be to Have events and promote myself on social media. This task will be undertaken in the context of our broader strategy to Plan to open a store. 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: Promotion Build clientele Capital

About this document
Hair styling and treatments Business Plan
This document was created by Romaine of Hair By Ro using the 5 minute Busine
ss Plan App. This technology and approach is powered by HyperQuestions.

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