Smoke Entertainment Lounge 1 Page Business Plan
Overview
Smoke Entertainment Lounge has a clear business objective to develop, produce, promote and distribute Hookah Bar NightClub products and services. These products and services have been developed over 3 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 revenue. Rapid revenue growth is considered the most critical and measurable business goal. At this stage of our development, we consider this to be more important than profitability growth, although both are important long term objectives.
The Customer
Smoke Entertainment Lounge 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 customer service. This is a critical issue for our selected target market of Nightclub goers.
The Value Proposition
Smoke Entertainment Lounge is uniquely positioned to deliver value to Nightclub goers. "Smoke Entertainment Lounge will Offer the best hookah service and nightlife entertainment." In order to be deliver on this value proposition, we Best prices. Best variety. Most to do under one roof.. 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 Hookah Bar NightClub market. We consider our key competitors to be: Arena Sports Bar. Old Amsterdam. Martha's Exchange. . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Arena Sports Bar. Old Amsterdam. Martha's Exchange. by Offer smoking hookah and cigars ..
Key Strategies
Over the next 6 months our focus will be to Open New Location. This task will be undertaken in the context of our broader strategy to Book famous talent. 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 New Location broaden customer base booking famous talent
About this document
Hookah Bar NightClub Business Plan
This document was created by Rick of Smoke Entertainment Lounge using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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