Rhynospeed Motorsports 1 Page Business Plan

Automotive aftermarket and OEM parts and services Business Plan

Rhynospeed Motorsports 1 Page Business Plan

Overview

Rhynospeed Motorsports has a clear business objective to develop, produce, promote and distribute Automotive aftermarket and OEM parts and services products and services. These products and 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

Rhynospeed Motorsports 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 offer affordable parts and services for all makes of vehicle as well as affordable auto sales. This is a critical issue for our selected target market of Automotive enthusiasts.

The Value Proposition

Rhynospeed Motorsports is uniquely positioned to deliver value to Automotive enthusiasts. "Rhynospeed Motorsports will Provide great service and installation as well as an extremely wide variety of automotive parts and auto sales." In order to be deliver on this value proposition, we Rhynospeed offers years of performance parts sales and experience with a diverse knowledge base and years of auto sales. 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 Automotive aftermarket and OEM parts and services market. We consider our key competitors to be: JB power, Canadian tire. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with JB power, Canadian tire by Wide variety of performance and OEM parts for all makes and models as well as services and installations and automobile sales.

Key Strategies

Over the next 6 months our focus will be to Offer services,products and auto sales of every make, model and vehicle type. This task will be undertaken in the context of our broader strategy to Open a full service automotive shop offering installation of parts, repairs and offer affordable vehicle sales. 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: Obtain more product lines Increase customer base Open a full service automotive shop

About this document
Automotive aftermarket and OEM parts and services Business Plan
This document was created by Timothy of Rhynospeed Motorsports using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.

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