Marriott Ventures Inc 1 Page Business Plan
Overview
Marriott Ventures Inc has a clear business objective to renovate properties for resale. The core focus will be on addressing what home and apartment buys want in their next purchase.
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 revenue. Rapid revenue growth is considered the most critical and measurable business goal. At this stage of our development, we consider this to be more important than profitability growth, although both are important long term objectives.
The Customer
Marriott Ventures Inc has been created with a clear focus on the needs of buyers. Through a structured customer discovery process, we have validated the key customer problem as properties in disrepair or needing updates. This is a critical issue for our selected target market of home and apartment buyers.
The Value Proposition
Marriott Ventures Inc is uniquely positioned to deliver value to home and apartment buyers. "Marriott Ventures Inc will Provide move in ready homes or apartments that provide a steady stream of revenue." In order to be deliver on this value proposition, we will lower costs by using in house contractors, allowing the properties to be sold under market value. 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 renovating property market. We consider our key competitors to be other investors. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with other investors by using our large capital to effectively bid on any property available at any given time. Low cost of renovations allows us to compete on the selling price.
Key Strategies
Over the next 6 months our focus will be to acquire properties for renovation. This task will be undertaken in the context of our broader strategy to acquire apartments. 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: Buy a home each month Buy an apartment each year Buy an apartment each month
About this document
Renovated properties Business Plan
This document was created by Joshua of Marriott Ventures Inc using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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