The phone business 1 Page Business Plan
Overview
The phone business has a clear business objective to distribute Mobile Phones products. These products have been developed over 0 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 prepare for exit. We see an exist from the business as a major liquidity event that will provide for a measurable return to shareholders. Our business strategy is oriented around achieving the maximum possible valuation in the shortest period of time.
The Customer
The phone business 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 Cheaper phones. This is a critical issue for our selected target market of 20-40 year olds.
The Value Proposition
The phone business is uniquely positioned to deliver value to 20-40 year olds. "The phone business will Provide cheaper phones to public." In order to be deliver on this value proposition, we We provide a cheaper phone for the public than all other competitors. 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 Mobile Phones market. We consider our key competitors to be: Amazon, eBay, gumtree . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Amazon, eBay, gumtree by Cheaper prices.
Key Strategies
Over the next 6 months our focus will be to Leave with £5000. This task will be undertaken in the context of our broader strategy to Leave £10,000. 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 5 phones in stock Reach £2,000 in capital Reach £5,000 in capital
About this document
Mobile Phones Business Plan
This document was created by Dan of The phone business using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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