Lil Bit Rentals L.L.C 1 Page Business Plan
Overview
Lil Bit Rentals L.L.C has a clear business objective to promote Rent to own real estate services. These services have been developed over 9 years with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
When 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
Lil Bit Rentals L.L.C 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 Helping families that currently can not get financed, but eventually want to own a house. This is a critical issue for our selected target market of Families wanting to buy a house.
The Value Proposition
Lil Bit Rentals L.L.C is uniquely positioned to deliver value to Families wanting to buy a house. "Lil Bit Rentals L.L.C will We help families move into a home with the goal of getting them financed.." In order to be deliver on this value proposition, we Currently we have very little competion. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors
We have few competitors within the Rent to own real estate market. We consider our key competitors to be: Results home buyers. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Results home buyers by focusing in franklin county.
Key Strategies
Over the next 12months our focus will be to Purchase 18new single family properties with a min. $300 cash flow per property.. This task will be undertaken in the context of our broader strategy to Expand into commercial properties. 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: Reach 50 properties Obtain our first commercial property
About this document
Rent to own real estate Business Plan
This document was created by Jordan of Lil Bit Rentals L.L.C using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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