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Strategic Planning

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The solution addresses teh strategic objectives for a laundromat business and all the factors involved in starting a business.

© BrainMass Inc. brainmass.com September 20, 2018, 10:52 am ad1c9bdddf - https://brainmass.com/business/strategic-planning/strategic-planning-227137

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Create a list of strategic objectives for your selected business idea

Strategic Objectives
1) Increase market share by 25% each year for the first two years. For years three through nine, the market share increase will be 50% per year with a 100% market share increase by year 100%.

2) Use the 4Ps - Price, Placement, Promotion and Product, to company's advantage to remain competitive.

3) Proper Location - All of Suds Wash and Dry locations will be located on a corner, giving the business the maximum ...

Solution Summary

The solution addresses all factors in regard to strategic planning.