L3 HR Solutions 1 Page Business Plan
Overview
L3 HR Solutions has a clear business objective to develop Small Bussiness Strategic HR products and services. These products and services have been developed over 5 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
L3 HR Solutions 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 to increase productivity, teamwork, employee moral, compliance, align with company purpose. This is a critical issue for our selected target market of Small Service Companies.
The Value Proposition
L3 HR Solutions is uniquely positioned to deliver value to Small Service Companies. "L3 HR Solutions will provide services that will increase your revenue through aligning your organization's productivity and cohesiveness.." In order to be deliver on this value proposition, we possess a unique skill to go into a business assess the problem areas, develop unique solutions and work with the organization until the problem is resolved. 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 Small Bussiness Strategic HR market. We consider our key competitors to be: ADP, Sparks and Franklin Covey. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with ADP, Sparks and Franklin Covey. by The most critical assest an company has is their employees. With over10 years experience in customer service from large to family run businesses, I can understand how your critical assests can affect the company's performance and effectiveness. Thus, I develop one to one relationships with each employee to get enough trust to buy into the needed solution.
Key Strategies
Over the next 6 months our focus will be to Network
Develop a website
Ask for referrals. This task will be undertaken in the context of our broader strategy to Learn more tools to implement for clients
Prepare client testimonials on website and brochures. 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: Obtain 4 New Clients Have a growth revenue of 50% in the fourth quarter of 2015. Have the tools needed to better facilitate change.
About this document
Small Bussiness Strategic HR Business Plan
This document was created by Libby of L3 HR Solutions using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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