Tavoia's Extraordinary Events, LLC 1 Page Business Plan
Overview
Tavoia's Extraordinary Events, LLC has a clear business objective to develop, produce, promote, plan and host events. These services 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 acquire new customers. Customer acquisition is considered to be the critical activity and we are seeking to grow the number of customers. We understand that customer growth could be at the expense of profitability, and that there is a cost associated with customer acquisition. Our long term objective is to build a clear customer acquisition process.
The Customer
Tavoia's Extraordinary Events, LLC 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 The ability to provide great quality service at a reasonable price. This is a critical issue for our selected target market of families and engaged couples.
The Value Proposition
Tavoia's Extraordinary Events, LLC is uniquely positioned to deliver value to families and engaged couples. "Tavoia's Extraordinary Events, LLC will Provide and host fabulous events for a fraction of typical rates." In order to be deliver on this value proposition, our unique services also provides referrals to other vendors who also believe in quality service for a low cost. 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 Plan and host events market. We consider our key competitors to be: Personally Yours, Troyal Events, Events to a T, NYC Entertainment & Events. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Personally Yours, Troyal Events, Events to a T, NYC Entertainment & Events by Personally plan every intricate detail of an event willingly travel to client.
Key Strategies
Over the next 6 months our focus will be to promote business through local small business network seminars. This task will be undertaken in the context of our broader strategy to expand services to the DMV area outside of Montgomery County. 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: Launch new service Create website Network for new clients
About this document
Plan and host events Business Plan
This document was created by Tavoia of Tavoia's Extraordinary Events, LLC using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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