Bus 475 Final Strategic Plan Week 5

Content type

User Generated

Subject

Accounting

Type

Homework

Uploaded By

Wvzzlnaqref

Pages

Rating

Bus 475 Final Strategic Plan Week 5

Final Strategic Plan and Presentation

BUS/475 Individual Paper Week 5

Final Strategic Plan and Presentation

To start my strategic plan I would have to figure out my summary of my

initial considerations for the business intended called Amy’s Flower Shop

before its opening. Here are some initial strengths, weaknesses,

opportunities, threats, and of course trends. Then one must find their

vision mission, know their values, SWOTT analysis, and balanced

scorecards and have a good communication plan in place before starting

a business.

Summary of Initial SWOTT Analysis Considerations for the Business

Strength | Providing healthy and fresh flowers with a big variety of

flowers which can also be special colored if a customer so wishes and to

add an Internet site for customers to order from home not just buy at

Amy’s Flower Shop. |

Weakness | To keep within the overhead costs for special coloring. |

Opportunity | To bring in more customers by making a commercial about

the business and what it can offer its clients and new customers that

other stores do not offer such as coloring a rose purple, black naturally

by contracting with a vendor that specializes in growing different colored

flowers and a vendor that delivers fresh flowers in a variety of color

ranges to give the customers what they want. |

Threat | Competition with other flower shops |

Trend | To be innovative, be honest in my business, with excellent

services, competitive pricing and delivery time, and to appeal to the

customers’ needs and wants |

This flower shop will provide flower packages, competitive prices, and

great customer service to customers. The customer can shop online and

or come to our shop and expect a good fine fresh selection of an array of

flowers to meet their needs. We at this business work with the strong

beliefs of our ethics, honesty and in pleasing our customers with above

quality flowers coupled with excellent customer service.

This company works with vendors that pride themselves in providing the

freshest, most beautiful flowers, along with no long hold waits when

ordering by phone and ensure delivery on time with flowers just as fresh

and the day our vendors sent them. As well, fast courteous service when

shopping in our stores. Our business quality and integrity keeps our

customers coming back for more.

Our vision statement: By providing fresh flowers, a good quality

customer service we aim to please ethically, and honestly. Simply put:

We Live to Serve our Customer’s Needs.”

We, at Amy’s Flowers want to be able to make the customers we serve

happy and satisfied in as many ways as possible. We train all of our

employees by teaching them the value of honesty and what good

customer service and other services can bring not only to this company

but to the customer. This business will only hire the kind of employee

that believes in honest hard work and shares the same vision and

mission that this business stands behind.

By adding all these steps and by implementing these strategic objectives

we can realize the tactics and measure the target audiences as well.

This business plan must also include the shareholder value or financial

perspective, our customer value perspective; the business must know

the process or internal operations perspective well keep a balance sheet

on what goes in to the business and what goes out and all this sheet

entails. The business must also know the processes to follow as well

how to run their internal operations, and then know their learning and

their growth perspective from inside the business to make sure

everything is going well inside and outside this business.

Shareholder Value or Financial Perspective: |

Market Share Making sure to invest well to have revenues to keep the

business flowing well and to pay for rent and other costs, product costs,

and keep the shareholders and employees happy. |

Revenues and Cost Keeping within the overhead allowed, while offering

good cost for the type of flower or arrangement then one or two other

competitors in the area |

End of Preview - Want to read all 14 pages?

Access Now

Unformatted Attachment Preview

Bus 475 Final Strategic Plan Week 5 Final Strategic Plan and Presentation BUS/475 Individual Paper Week 5 Final Strategic Plan and Presentation To start my strategic plan I would have to figure out my summary of my initial considerations for the business intended called Amy's Flower Shop before its opening. Here are some initial strengths, weaknesses, opportunities, threats, and of course trends. Then one must find their vision mission, know their values, SWOTT analysis, and balanced scorecards and have a good communication plan in place before starting a business. Summary of Initial SWOTT Analysis Considerations for the Business Strength | Providing healthy and fresh flowers with a big variety of flowers which can also be special colored if a customer so wishes and to add an Internet site for customers to order from home not just buy at Amy's Flower Shop. | Weakness | To keep within the overhead costs for special coloring. | Opportunity | To bring in more customers by making a commercial about the business and what it can offer its clients and new customers that other stores do not offer such as coloring a rose purple, black naturally by contracting with a vendor that specializes in growing different colored flowers and a vendor that delivers fresh flowers in a variety of color ranges to give the customers what they want. | Threat | Competition with other flower shops | Trend | To be innovative, be honest in my business, with excellent services, competitive pricing and deliv ...
Purchase document to see full attachment