BUSINESS STRATEGY is what you're going to do in simple easy to understand statement.
BUILD YOUR STRATEGY WITH THESE POINTS:-
- Your motto and what you want to do-
Your motto is your key 馃攽 value to your customers, your motto should be no more than a sentences and simply declare the value that you are providing.
FOR INSTANCE:- a laundry shop motto can be, "giving your fabric a royal touch".
A good business motto announces what you do and what you do it for.
*WHAT ARE THE PROBLEM YOU ARE SOLVING FOR YOUR CUSTOMERS ?
You should be able to describe what you are doing for your customers in one or two sentences.
For our laundry shop example, here is what we do for our customers : We give our customers a good and satisfying job with a discount.
*SOLVING THE PROBLEM YOU'VE IDENTIFIED.
It's a brief description of your services:.
Our laundry shop gives you the best laundry services by handling your fabric with care and we give out at a very affordable prices.
*MARKETING: WHO YOUR CUSTOMER IS ?
Know this customer in a few bullets, you may want to look into your business segment at this stage to make sure you have enough suitable customers to build a sustainable business on.
And you may want to have a target 馃幆 of your customers, your target 馃幆 might be the bankers who does not have time to do their laundry.
*KNOWING WHO YOUR COMP脡TITION ARE.
List out your competitors and gives out a phrase about how you are different.
Thanks.