Lou's lounge 1 Page Business Plan

Elite lounging experience Business Plan

Lou's lounge 1 Page Business Plan

Overview

Lou's lounge has a clear business objective to produce Elite lounging experience services. These services have been developed over O 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

Lou's lounge 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 An opportunity to go out after work and late night without waiting in a long line. This is a critical issue for our selected target market of Young business professionals.

The Value Proposition

Lou's lounge is uniquely positioned to deliver value to Young business professionals. "Lou's lounge will At Lou's lounge you can experience a different atmosphere when it comes to the night life." In order to be deliver on this value proposition, we Our unique atmosphere Provides the right environment for motivation and new nightlife. 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 Elite lounging experience market. We consider our key competitors to be: Reign, vanquish, opera. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Reign, vanquish, opera by Lounging not clubbing.

Key Strategies

Over the next 6 months our focus will be to Providing an alternative for young professional to enjoy a lounging experience with relaxation and music. This task will be undertaken in the context of our broader strategy to Becoming the most elite club Atlanta has to offer. 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: Reach a million dollar sales Being successful Being the number one night sops in atlanta

About this document
Elite lounging experience Business Plan
This document was created by Jackie of Lou's lounge using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.

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