Bus/475 Final Strategic Plan Week 5 Essay

Words: 4382
Pages: 18
Open Document
Final Strategic Plan and Presentation
Amy Paul
BUS/475 Individual Paper Week 5
03/25/2013
Dallas Walton

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 …show more content…
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 | Profitability Start out with forecasting at least for the first year at a 40% and moving forward to a 50% rate of sales per year for the outlook within 5 years’ time. | Competitive Position The store will have competition when it comes to other flower shops in the area when it comes to what flowers are offered and pricing but the goal is to offer a wide variety as well as color choices in the flowers with competitively better prices and value. | | Customer Value Perspective: | Customer Retention or turnover: 1. Utilize better implementation. Project managers are of course the key to the businesses success. If you don't have a project manager for each new customer, consider hiring someone dedicated to this function. It is the key to all new launches. Statistics I've seen indicate that projects with a program or project manager (implementation manager) are 70% | Successful where
Show More

Related Documents: Bus/475 Final Strategic Plan Week 5 Essay

Essay about bus475 logics

Syllabus School of Business BUS/475 Version 4 Integrated Business Topics Copyright © 2009, 2007 by University of Phoenix. All rights reserved. Course Description The integrated business topics course examines strategic business management while integrating topics from previously completed business foundation coursework. This allows students to demonstrate a comprehensive understanding of the undergraduate business curricula with a significant emphasis placed on the assessment of individual…

Words 3052 - Pages 13

Final Strategic Business Plan Essay

Final Strategic Business Plan BUS/475 Integrated Business Topics Crib Sheet Individual Final Strategic Business Plan Paper and Oral Presentation | Resources: Vision, Mission, Values, SWOTT Analysis, Synopsis Analysis, Balanced Scorecard, and an Oral Communication Plan for your presentation.Write a 1,500 to 2,100 word section for your strategic business plan in which you add your strategies and tactics to implement and realize your strategic objectives, measures, and targets. Include marketing…

Words 5435 - Pages 22

Essay Save Our Children Organization

FINAL STRATEGIC PLAN BUS/475 Final Strategic Plan Starting a business, a person needs to research and come up with unique ideas to make his or her business successful and to stand out above the rest to catch the attention of the consumer. A business must create a strategic plan using the SWOT analysis to help guide the business in the direction desired. A business must have a path to follow along with a vision, mission, and values. All the efforts are made by SOC…

Words 3581 - Pages 15

Managing Information Technology (7th Edition) Essay

STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5 Data Governance at InsuraCorp CASE STUDY I-6 H.H. Gregg’s Appliances, Inc.: Deciding on a New Information Technology Platform CASE STUDY I-7 Midsouth Chamber of Commerce (B): Cleaning Up an Information Systems Debacle CASE STUDY…

Words 239873 - Pages 960