Red Griffin Precision Machining, Inc. 1 Page Business Plan

machined parts Business Plan

Red Griffin Precision Machining, Inc. 1 Page Business Plan

Overview

Red Griffin Precision Machining, Inc. has a clear business objective to produce machined parts 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 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

Red Griffin Precision Machining, Inc. 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 produce parts needed by the Defense Logistics Agency. This is a critical issue for our selected target market of DLA.

The Value Proposition

Red Griffin Precision Machining, Inc. is uniquely positioned to deliver value to DLA. "Red Griffin Precision Machining, Inc. will provide quality repair parts quickly and economically." In order to be deliver on this value proposition, we Usipng older more reliable machines and hiring veterans allows cheaper production. 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 machined parts market. We consider our key competitors to be: OEMs and OEM suppliers. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with OEMs and OEM suppliers by Providing jobs to under-utilized populations, utilizing older under-utilized machines, with a business owned by a veteran with a service-connected disability.

Key Strategies

Over the next 6 months our focus will be to Appoint a sales manager. This task will be undertaken in the context of our broader strategy to Expand production. 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: develop relationship with DLA find 20 lines whuch require regular production expand beyond DLA

About this document
machined parts Business Plan
This document was created by Mark of Red Griffin Precision Machining, Inc. using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.