Wyatts 1 Page Business Plan

Food Business Plan

Wyatts 1 Page Business Plan

Overview

Wyatts has a clear business objective to produce Food products. These products have been developed over 6 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 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

Wyatts 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 for good food. This is a critical issue for our selected target market of People of all ages.

The Value Proposition

Wyatts is uniquely positioned to deliver value to People of all ages. "Wyatts will A relaxed dining experience with good food." In order to be deliver on this value proposition, we Staff from all walks of life capable of providing service to anyone regardless of age race or disability. 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 Food market. We consider our key competitors to be: Wether spoons,Yates,oneils. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Wether spoons,Yates,oneils by Fresh food at reasonable prices.

Key Strategies

Over the next 6 months our focus will be to Find a premises from which to trade. This task will be undertaken in the context of our broader strategy to Expand customer portfolio. 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: Gain a waiting list Get Michelin stars Get a place in good food guide

About this document
Food Business Plan
This document was created by Vince of Wyatts using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.

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