Funky snaps 1 Page Business Plan
Overview
Funky snaps has a clear business objective to develop, produce, promote and distribute Party photo booth products and services. These products and services have been developed over Just starting 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
Funky snaps 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 I want to become one of the best and well respected people in the picture booth field, and to be highly respected and progress well in the game. This is a critical issue for our selected target market of Fun photo snaps.
The Value Proposition
Funky snaps is uniquely positioned to deliver value to Fun photo snaps. "Funky snaps will I want to create a fabulous business with excellent customer service and want to be top in the field." In order to be deliver on this value proposition, we By looking threw social media sites such as Facebook and Twitter, advertising in local papers and at wedding venues and shopping malls, baby showers, school proms and parties. 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 Party photo booth market. We consider our key competitors to be: Photo shops as the years have gone on are gradually disappearing, my aim is to bring back the fun with photo booths and make themed pictures with props and make up for all kinds of occasion and key rings. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Photo shops as the years have gone on are gradually disappearing, my aim is to bring back the fun with photo booths and make themed pictures with props and make up for all kinds of occasion and key rings by The idea originally started in 2008 in America and become very popular. Now its catching on in the uk and I believe it's gonna be popular here too. I think it is a great time to get into this market and believe I can do very well in this business if I market and advertise properly .
Key Strategies
Over the next 6 months our focus will be to I'm looking at a wide range of customers from all different areas example. Shopping malls, amusement park, weddings, birthday parties, small intimate gatherings, large lavish affairs, themed parties, company picnics, anniversaries fundraisers, family reunions also rentals. This task will be undertaken in the context of our broader strategy to I want to start hiring photo booths out and start to sell them myself, I might even start to build them. 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: Market photo booth Multiple events each month Sell photo booths and rent them out
About this document
Party photo booth Business Plan
This document was created by Nick of Funky snaps using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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