Envision This LLC 1 Page Business Plan
Overview
Envision This LLC has a clear business objective to promote event planning products and services. These products and services have been developed over 30 days 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
Envision This LLC 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 Creating a business that has a unique quality and stand out for the competition. This is a critical issue for our selected target market of employed, middle to upper class families between ages 25-55.
The Value Proposition
Envision This LLC is uniquely positioned to deliver value to employed, middle to upper class families between ages 25-55. "Envision This LLC will Provide all your event planning needs in one central location." In order to be deliver on this value proposition, we "If you need a venue to host an event, supplies to use for an event or someone to help with you event....we got you covered". 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 Event Planning Service market. We consider our key competitors to be: Luxe Event Rental
< br />Club 908
< br />Cameron Hall
< br />ABL People Center
< br />Rose Garden
< br />Meadowbrook Club House
< br />Events and Banquets . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Luxe Event Rental
< br />Club 908
< br />Cameron Hall
< br />ABL People Center
< br />Rose Garden
< br />Meadowbrook Club House
< br />Events and Banquets by One stop shopping for all your event planning needs.
Key Strategies
Over the next 6 months, our focus will be to Create a blog and personal networking and also via social media . This task will be undertaken in the context of our broader strategy to Expand to include party supply rentals as well. 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: Purchase supplies, Launch website, Lease warehouse space
About this document
Event Planning Service Business Plan
This document was created by Trella of Envision This LLC using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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