Ratubaka Mini Store 1 Page Business Plan
Overview
Ratubaka Mini Store has a clear business objective to distribute Groceries products. These products have been developed over Starting in 2 months time 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
Ratubaka Mini Store 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 to create a business strategy plan. This is a critical issue for our selected target market of 24hrs one stop shop.
The Value Proposition
Ratubaka Mini Store is uniquely positioned to deliver value to 24hrs One Stop Shop. "Ratubaka Mini Store be able to operate at all time and sell a wide variety of groceries." In order to be deliver on this value proposition, we are Centrally located in the village. 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 Groceries market. We consider our key competitors to be: Tauri Store, Koroi Store, Seva Store. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Tauri Store, Koroi Store, Seva Store by Flexible Opening Hours and sell everything the Village Community needs.
Key Strategies
Over the next 6 months, our focus will be to Appoint a shopkepper. This task will be undertaken in the context of our broader strategy to expand into new market. 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: Expand to sell more new groceries, set aside some money to help in buying an affordable latest scanning technology to record Stocks & safeguard Revenues.
About this document
Groceries Business Plan
This document was created by Aparama of Ratubaka Mini Store using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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