4minutes To Love 1 Page Business Plan
Overview
4minutes To Love has a clear business objective to promote Speed dating event services. These services have been developed over 1year 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 launch a new product. Whilst our existing products have been useful for testing the customer problem, new products are required to fully capitalise on our business potential. Our growth path is clearly oriented around the addition of new products, the development of these new products and the subsequent marketing of these. It is understood that costs will be associated with product development and marketing and these have been allowed for in our budget.
The Customer
4minutes To Love 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 Finding potential love. This is a critical issue for our selected target market of Single people.
The Value Proposition
4minutes To Love is uniquely positioned to deliver value to Single people. "4minutes To Love will It's a chance to meet lots of people in one evening without pressure as everyone's there for the same reason gives you a chance to get out there the way you normally wouldnt." In order to be deliver on this value proposition, we We offer after event prizes on the night we offer entertainment light buffet and drink along with settings and music. We gather information on new singles everyday to ensure a wide variety of networking and to mix with all different types. 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 Speed dating event market. We consider our key competitors to be: Unlike leading companies, 4minutes offer entertainment and value for money . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Unlike leading companies, 4minutes offer entertainment and value for money by Our nights can be tailored for you if you have similar interests ie career minded can sign up for a professionals themed night.
Key Strategies
Over the next 6 months, our focus will be to Secure furniture and a good team that will work for little cost. This task will be undertaken in the context of our broader strategy to Hold an event. 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: Secure enough market data Compile a massive potential customer database Secure equipment needed
About this document
Speed dating event Business Plan
This document was created by Daniella of 4minutes To Love using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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