Loominations 1 Page Business Plan

Overview
Loominations has a clear business objective to produce Loom Band Jewellery products. These products have been developed over 1 month 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
Loominations 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 Amount of products. This is a critical issue for our selected target market of Everyone.
The Value Proposition
Loominations is uniquely positioned to deliver value to Everyone. "Loominations will We make jewellery.there is only 2 employees." In order to be deliver on this value proposition, we Our unique imagination and creativity makes our products from the heart ❤️. 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 Loom Band Jewellery market. We consider our key competitors to be: Diy. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Diy by They can be made at home.
Key Strategies
Over the next 6 months our focus will be to Appoint a sales mannager
Appoint a boss
Pay Employees. This task will be undertaken in the context of our broader strategy to Move onto more stalls . 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: Make new jewellery Unique designs Business cards
About this document
Loom Band Jewellery Business Plan
This document was created by Hannah of Loominations using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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