Bethel Company 1 Page Business Plan
Overview
Bethel Company has a clear business objective to develop, produce, promote and distribute Product License Preparation services. These services have been developed over 1 year 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 profitability. It is critical that we balance revenue growth with the growth in our cost base. Whilst the desire for profitable growth may constrain our growth rate, it is more important that revenue growth in isolation.
The Customer
Bethel Company 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 Bringing product license goals in reach of the financially challenged community.. This is a critical issue for our selected target market of individuals with new product ideas.
The Value Proposition
Bethel Company is uniquely positioned to deliver value to individuals with new product ideas. "Bethel Company will Provide a service that allows anyone, no matter financial status, to realize their dream to see their product licensed and on the market.." In order to be deliver on this value proposition, we most companies require upfront costs, which disqualifies those who are not financially able, but have great, feasible ideas.. 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 Product License Preparation market. We consider our key competitors to be: InventHelp
Thoughts To Paper
Legal Zoom
. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with InventHelp
Thoughts To Paper
Legal Zoom
by If product is shown to have marketability, the inventor pays nothing upfront, but will repay by giving a percentage of earnings. .
Key Strategies
Over the next 6 months our focus will be to Solicit funds through crowd source funding. . This task will be undertaken in the context of our broader strategy to Expand services to reach a broader spectrum of customers. . 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: Successfully license current 12 projects Successfully license products of 20 customers. Expand business to hire other and grow team
About this document
Product License Preparation Business Plan
This document was created by Cheryl of Bethel Company using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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