Tech Mechanics 1 Page Business Plan

Cellphone repairs Business Plan

Tech Mechanics 1 Page Business Plan

Overview

Tech Mechanics has a clear business objective to develop, produce, promote and distribute Cellphone repairs products and services. These products and services have been developed over 6 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 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

Tech Mechanics 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 I plan on offering a secondary solution to high cost electronics insurance deductibles. This is a critical issue for our selected target market of Middle-class suburbanites.

The Value Proposition

Tech Mechanics is uniquely positioned to deliver value to Middle-class suburbanites. "Tech Mechanics will Instead of paying hundreds of dollars for a replacement device, the customers can pay me a small fee to repair the cellular device." In order to be deliver on this value proposition, we By working this business as both the owner and technician, I am able to offer much lower prices that the competitor. 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 Cellphone repairs market. We consider our key competitors to be: Infix-it, Cellphone MD, and Icolor. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Infix-it, Cellphone MD, and Icolor by I can offer lower than standard repair prices because I will be the only employee allowing to keep my overhead cost low.

Key Strategies

Over the next 6 months our focus will be to I plan to generate revenue, and increase profitability by increasing the business's customer base as well as offering a low investment risk service with a moderate margin for profit. This task will be undertaken in the context of our broader strategy to I plan to offer a variety of repair services, as well as open a new location and start buying and selling all electronic devices. 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 a mobile repair division Expand to include buying and selling Exponentially increase store size and location

About this document
Cellphone repairs Business Plan
This document was created by Joshua of Tech Mechanics using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.

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