Picasso's by the Sea 1 Page Business Plan
Overview
Picasso's by the Sea has a clear business objective to develop, produce, promote and distribute Paint, shop, and party products and services. These products and services have been developed over 3 months 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 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
Picasso's by the Sea 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 Have fun. This is a critical issue for our selected target market of Families, friends, businesses.
The Value Proposition
Picasso's by the Sea is uniquely positioned to deliver value to Families, friends, businesses. "Picasso's by the Sea will Provide a service to bring families, co-workers, and couples together for team building and growing relationships." In order to be deliver on this value proposition, we Custom parties, fun and friendly environment, good times for everyone. 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 Paint, shop, and party market. We consider our key competitors to be: Professional Art Studios. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Professional Art Studios by Art for everyone!.
Key Strategies
Over the next 6 months, our focus will be to Establish location, purchase supplies, advertise, and acquire clientele . This task will be undertaken in the context of our broader strategy to Create loyal clientele and corporate sponsorships. 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: Establish Location Purchase Inventory Obtain 100 New Customers
About this document
Paint, shop, and party Business Plan
This document was created by Jessica of Picasso's by the Sea using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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