Madison Park Salon 1 Page Business Plan

Salon quality hair and products to support style. Business Plan

Madison Park Salon 1 Page Business Plan

Overview

Madison Park Salon has a clear business objective to produce high quality salon services and products to support style. This location is currently operating as a salon but the current owners have slow down do to age and have not updated the place. My core focus is 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

Madison Park Salon 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 lies with the existing salons in Madison park is that all the salons are old, there is a high population of retired people but now there is a high influx of young high earning family's moving in.. This is a critical issue for our selected target market of Young but educated stylist.

The Value Proposition

Madison Park Salon is uniquely positioned to deliver value to Young but educated stylist. "Madison Park Salon will, with a fresh new look be able to attract this untapped market of clients.." In order to deliver on this value proposition in this Location is key and we are right in the thick of things.. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.

Competitors

Location is key and in this location there really isn't much competition. Bringing a fresh stylish young atmosphere to the location will draw in new clients daily..

Key Strategies

Over the next 6 months our focus will be to remodel the salon to attract high end well educated stylist. Offer on going in salon education. Put adds in Craigslist and other listings.. This task will be undertaken in the context of our broader strategy to Have all the stations full and any det payed off.. 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: Remodel Fill all the stations Get a receptionist

About this document
Salon quality hair and products to support style. Business Plan
This document was created by Harmony of Madison Park Salon using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.

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