Waqar & Sons Foodstuff Trading 1 Page Business Plan
Overview
Waqar & Sons Foodstuff Trading has a clear business objective to develop, produce, promote and distribute rice, cooking oil products. These products have been developed over 16 months 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
Waqar & Sons Foodstuff Trading 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 quality problems. This is a critical issue for our selected target market of catering companies & hotels.
The Value Proposition
Waqar & Sons Foodstuff Trading is uniquely positioned to deliver value to catering companies & hotels. "Waqar & Sons Foodstuff Trading will good quality & timely delivery." In order to be deliver on this value proposition, we having enough funds to do delivery as required. 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 rice, cooking oil market. We consider our key competitors to be: Gautum trading, pavit. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Gautum trading, pavit by good quality.
Key Strategies
Over the next 6 months our focus will be to Increase gross margin by increasing price of products. This task will be undertaken in the context of our broader strategy to Expand into new products. 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: launch new products obtain 25 customers best service
About this document
rice, cooking oil Business Plan
This document was created by Raza of Waqar & Sons Foodstuff Trading using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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