Kate 1 Page Business Plan
Overview
Kate has a clear business objective to develop, produce, promote and distribute Hostel sleep bad breakfast products and services. These products and services 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
Kate 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 Way of accepting payments. This is a critical issue for our selected target market of Students, young people, travellers.
The Value Proposition
Kate is uniquely positioned to deliver value to Students, young people, travellers. "Kate will Comfy beds, towels, clean toilets, shower, wifi, TV, snacks, security, lockers." In order to be deliver on this value proposition, we Information what to sightsee in Gdansk, discounts for venues, promotions 7 nights one for free, customers loyality cards. 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 Hostel sleep bad breakfast market. We consider our key competitors to be: Gdansk hotel, Laurent hotel. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Gdansk hotel, Laurent hotel by Distance to train station, customer service, prices visa comfort.
Key Strategies
Over the next 6 months our focus will be to Advertise on the web. This task will be undertaken in the context of our broader strategy to Open new branch. 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: Open hostel and get 200 guest within first month of operation. Have 800 guests every month after opening.
About this document
Hostel sleep bad breakfast Business Plan
This document was created by Kate of Kate using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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