Bermuda Triangles 1 Page Business Plan
Overview
Bermuda Triangles has a clear business objective to distribute Bermuda Inspired Glass Souvenirs products. These products have been developed over 4 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
Bermuda Triangles 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 Helps to create a stronger culture for all Bermudians. This is a critical issue for our selected target market of Tourists and locals aged 25+.
The Value Proposition
Bermuda Triangles is uniquely positioned to deliver value to Tourists and locals aged 25+. "Bermuda Triangles will Provides a product that shows Bermuda's culture." In order to be deliver on this value proposition, we Product recreates and shows customers what makes Bermuda so special. 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 Bermuda Inspired Glass Souvenirs market. We consider our key competitors to be: Brown and Company and Flying Colors . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Brown and Company
Flying Colors by We sell products that show only Bermuda's heritage and culture .
Key Strategies
Over the next 6 months our focus will be to Advertise
. This task will be undertaken in the context of our broader strategy to Introduce new line of products that are inspired by other Caribbean countries . 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 150 customers Sell 50 products in 2 weeks Expand to different locations
About this document
Bermuda Inspired Glass Souvenirs Business Plan
This document was created by Livingston of Bermuda Triangles using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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