Luxury Bathrooms & Plumbing Supplies 1 Page Business Plan
Overview
Luxury Bathrooms & Plumbing Supplies has a clear business objective to develop, produce, promote and distribute Bathroom suites and plumbing materials products and services. These products and services have been developed over the last seven 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
Luxury Bathrooms & Plumbing Supplies 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 Fast easy shopping that is stress free. This is a critical issue for our selected target market of Tradesmen and public.
The Value Proposition
Luxury Bathrooms & Plumbing Supplies is uniquely positioned to deliver value to Tradesmen and public. "Luxury Bathrooms & Plumbing Supplies don't aim to be the biggest bathroom and plumbing supplier, we aim to be the best." In order to be deliver on this value proposition, we have designed a in house system around you the customer getting the perfect result. 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 Bathroom suites plumbing materials market. We consider our key competitors to be:
Oasis plumbing
Temperate heating
Plumb centre
Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Oasis plumbing
Temperate heating
Plumb centre by Unique bathroom displays attracting more clients to visit our showroom.
Key Strategies
Over the next 6 months our focus will be to Cost effectiveness. This task will be undertaken in the context of our broader strategy to Company growth. 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 100 customer positive reviews Display a high end product exclusive to us Reach £100'000 turnover in a month
About this document
Bathroom suites plumbing materials Business Plan
This document was created by Roy of Luxury Bathrooms & Plumbing Supplies using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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