L renovations 1 Page Business Plan

Renovated Homes Business Plan

L renovations 1 Page Business Plan

Overview

L renovations has a clear business objective to develop, produce, promote and distribute renovated homes. These services have been developed over 2 years 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

L renovations 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 need to provide professionally renovated home for those without the necessary skills.. This is a critical issue for our selected target market of home buyers.

The Value Proposition

L renovations is uniquely positioned to deliver value to home buyers. "L renovations will provide a beautiful home with unique styling.." In order to deliver on this value proposition, we already have experience with successfully flipping two homes along with 8 years experience being a trained Journeyman Carpenter. Also, my wife is a Realtor & my Dad is a construction project manager.. 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 market. We consider our key competitors to be: private individuals . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Private individuals by 8 years experience being a trained Journeyman Carpenter. Two successful renovations with before ad after pics. A wife that is a Realtor and a Dad that is a construction project manager..

Key Strategies

Over the next 6 months our focus will be to Acquire 100k savings to launch our business. . This task will be undertaken in the context of our broader strategy to invest in real estate while comfortably living in our third (long term) home. . 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: Acquire 100k to start business. Get the foundation of the business set while living in a long term home. Acquire a 200k + savings.

About this document
Renovated Homes Business Plan
This document was created by Brady of L renovations using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.