G&R pharmacies 1 Page Business Plan
Overview
G&R pharmacies has a clear business objective to develop, produce, promote, distribute drugs and cosmetic 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
The key component of our growth strategy is that 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 profitability. It is critical that we balance revenue growth with the growth in our low cost base. Whilst the desire for profitable growth may constrain our growth rate, it is more important that revenue growth in isolation.
The Customer
G&R pharmacies 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 Drug unavailability. This is a critical issue for our selected target market of patients.
The Value Proposition
G&R pharmacies is uniquely positioned to deliver value to patients. "G&R pharmacies will Provide a business that delivers stock that is unique." In order to deliver on this value proposition, Our unique position is that we are linked with city doctors who give us first hand drug orders unavailable in the market. 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 Provide drugs and cosmetics market. We consider our key competitors to be: Day and night pharmacy and Shashi phamarcy. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Day and night pharmacy and Shashi phamarcy with our Strategic business location.
Key Strategies
Over the next 6 months our focus will be to Reduce on costs
Have strategic employees
Reduce on overheads
Increase output. This task will be undertaken in the context of our broader strategy to Expand into new products and Expand the market. 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 the new business and acquire new clients, Market business, acquire clients from all arears and Drastically reduce initial start up costs
About this document
Provide drugs and cosmetics Business Plan
This document was created by Patience Mukotsanjera of G&R pharmacies using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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