Kirven woodworking 1 Page Business Plan
Overview
Kirven woodworking has a clear business objective to produce Wooden signs and wooden products. These products have been developed over 2 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
Kirven woodworking 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 To provide quality handmade signs. This is a critical issue for our selected target market of People of all ages.
The Value Proposition
Kirven woodworking is uniquely positioned to deliver value to People of all ages. "Kirven woodworking will We make handmade custom signs and products for people." In order to be deliver on this value proposition, we I make them myself and quality is guirented. 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 Wooden signs, wooden things market. We consider our key competitors to be: Lily pad and other hobbiest. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Lily pad and other hobbiest by making custom signs and products for anyone.
Key Strategies
Over the next 6 months our focus will be to Sell product to paying customers. This task will be undertaken in the context of our broader strategy to Expand into new products. 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: Sell 100 signs Make $500 Sell $200 of products other than signs
About this document
Wooden signs, wooden things Business Plan
This document was created by Kobie of Kirven woodworking using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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