L's Bounty 1 Page Business Plan
Overview
L's Bounty has a clear business objective to produce desserts products. These products have been developed over 5 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
L's Bounty 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 for unique and custom desserts at affordable prices. This is a critical issue for our selected target market of everyone.
The Value Proposition
L's Bounty is uniquely positioned to deliver value to everyone. "L's Bounty will provide a service that delivers quality goods at reasonable prices with quality customer service." In order to be deliver on this value proposition, we allows customers to feel welcome and accepted, along with them being able to purchase a variety of desserts all in one place. 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 desserts market. We consider our key competitors to be: other bakeries nearby. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with other bakeries nearby by offers a variety of unique desserts.
Key Strategies
Over the next 6 months, our focus will be to Complete the recipe list. This task will be undertaken in the context of our broader strategy to raise funds. 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: Develop and complete dessert list, save enough money to buy a building for the bakery, and earn more than the one time expenses cost.
About this document
desserts Business Plan
This document was created by Gabriella of L's Bounty using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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