Preview

BUS Final Business Plan

Powerful Essays
Open Document
Open Document
5434 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BUS Final Business Plan
Final Business Model and Strategic Plan
BUS/475
May 4, 2015
Maria Rutledge
Final Business Model and Strategic Plan
Executive Summary
Delivering and offering furniture is a $12 billion industry. The center of the business is on the well-to-do client who can spend upwards to $3,000 on furniture buys. There are dependable furniture stores that are seeking the clients with profound pockets. Those clients who can 't bear the cost of these high costs are left with a poor determination of sub-par items.
In the Marshfield range, there are nearly 50,000 occupants with humble livelihoods that don 't have a furniture store that indulges their requirements for moderate quality furniture. This salary demographic has developed enormously in the course of recent years yet has not been reacted to by the zone furniture stores. Focusing on clients with unobtrusive wages is great business. They are relied upon to make up 50% of metro populace by 2020- -making them the quickest developing portion of the city 's lodging business sector.
As the Marshfield region restores, Furniture For You will offer altered, prepared to-complete furniture that is hand made and shockingly reasonable. We offer:
• Truly Custom Furniture: A finished furniture piece that is created for the client. We 'll redo any piece or make an entire new piece from a client 's unpleasant representation.
• Heirloom Quality Furniture: The furniture is made to keep going for eras. It 's hand created, so every piece is novel.
• Handmade from Quality Woods: an expert specialist makes each piece from the finest woods accessible. Each bit of wood is checked for grain and composition before its utilized.
The following paper will clarify the significance of Furniture for You 's vision, mission statement, and values in deciding the organization 's key course. The following will be their main focus:
Furniture For You, items or administrations, and clients.
Furniture For You vision for the association that apparently



References: OnStrategy (May 5, 2004) Internal and External Analysis. Retrieved April 18, 2015 from http://mystrategicplan.com/resources/internal-and-external-analysis/#Internal SmartBiz. (n.d.). Retrieved April 18, 2015, from www.smartbiz.nu/pages.asp?PageID=54&Base=1&MenuID=91 Balanced Scorecard Institute (1998-2014) Balanced Scorecard Basics. Retrieved April 18, 2015 from http://balancedscorecard.org/Resources/About-the-Balanced-Scorecard/getindoolabinfo/aboutlink

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Palliser Funiture

    • 291 Words
    • 2 Pages

    Nowadays, Palliser Furniture Ltd. is a leading North American furniture company with local manufacturing facilities in Canada and Mexico, and they are dedicated to leader ship in design, service and customer value in the furniture industry. With a general agreement among manufacturers and retailers that the key success factors were: overall product quality and customer service, quick delivery and appropriate price, and innovative design. Palliser furniture did a good job on all of the aspects. Palliser outsources the raw leather from Brazil because Brazil has the best source of leather in the world. Also the raw leather was delivered from Brazil to Mexico to process such as cutting and swing which lower the cost of the furniture. The quality of the resources and powerful supplier is add-value for the value chain of the firm, and it can have a big impact on more efficiently integrating the activities within the firm. The quick delivery was another strategy for Palliser, which can be considered as a competitive advantage for the company. Compare with the rivals the Palliser is more focused on custom business, and was able to charge a slight premium for the service which directly eliminate customer’s inventory cost. This operation strategy is more flexible in terms of time and diversity. The design team of Palliser is passionate about the subtleties of style, and the collections reflect a carefully considered selection of pieces that represent quality feature extensive choice and impart innovation. Also, the developers carefully source and test materials to meet Palliser Furniture’s high standard for durability, safety and value. Overall, each department is integration through the whole company, which shows the management in Palliser Furniture Ltd is successful and effective as well.…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    1. The household wood furniture industry is a very cyclical and tough business to get into. The industry is broken down into 3 categories: upholstered, wood, and other furniture. The other category includes “ready to assemble furniture and causal furniture”. Many of the wood manufactures today are very focused on quality of the product that they sell to retailers. Manufactures provide brochures with the quality of the material that they make their furniture with and how each piece is assembled, so they can better sell to retailers.…

    • 1164 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Interior Design

    • 603 Words
    • 3 Pages

    In the 15th and 16th centuries, the French Renaissance (“rebirth”) led to a renewed focus on art and beauty in interior design. Architects created spaces with elaborate decorative elements such as marble floors, inlaid woodwork, paintings, and furniture made of the finest woods. The best examples of…

    • 603 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The Townsend family’s outdated furniture was put on display at the local consignment store in hopes of recovering some of the money spent on acquiring new furniture.…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Room & Board

    • 749 Words
    • 3 Pages

    At Room & Board, quality was also about providing value. That value was inherent in the company’s products, which lasted and whose style and design were timeless. Providing furniture that…

    • 749 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    as an everyday piece of furniture. This piece is unlike any other piece because of the things…

    • 900 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Many consumers buy furniture from a wide variety of choice whether they impulse buy or see an idea in a magazine. Most individuals just enjoy shopping. Many believe that a higher price is equivalent to a higher quality.…

    • 501 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    system analysis

    • 382 Words
    • 2 Pages

    Raymour & Flanigan is an online and in store furniture store. They target the online business furniture market by using different techniques, for example if you sing up with your e-mail address; they give you 10% in your next purchase. They offer free-shipping to the continental United States on more than $1,000 amount of items with an easy return policy. No interest fees will be charged to your account if paid in full with in twelve months with minimum purchase amount $ 999 .And also, they have room planner. Room planner helps the customers to create a floor plan, by drag and drop the furniture pictures into the floor plan based on their room’s size and shape to ensure everything falls into place.…

    • 382 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Manchester Products

    • 903 Words
    • 4 Pages

    Brand Transition Strategy Britt Miller and Rebecca Orsher EXECUTIVE SUMMARY • Background: Acquisition of Paul Logan Home Furniture Division – Add strengths of design, brand awareness, market leadership, distribution channels • Problem: Design a brand transition strategy to transfer Paul Logan brand to Manchester Home • Analysis: 5 “Cs” • Recommendation: Gradual transition first linking Paul Logan to the Manchester name to build brand awareness then phasing out Paul Logan once target brand awareness has been reached as measured by another target consumer survey – Utilize both push and pull marketing strategies to drive distribution channels and consumers ACQUISITION BACKGROUND & OVERVIEW MANCHESTER • • • • • • Leading manufacturer of premium office furniture Revenues $2.33 billion in 2004 Home lines currently include Recliner, Home office, Media/Entertainment furniture Home sales expected to grow 30% in 2005, from $260 million Want to leverage manufacturing expertise and production capacity into household furniture…

    • 903 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    This industry report offers the most up-to-date market data on the actual market situation, trends and future outlook for furniture in India. The research includes historic market data from 2007 to 2013 and forecasts until 2018 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.…

    • 430 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Furniture Industry

    • 747 Words
    • 3 Pages

    Home furniture in India is available in a wide range, to cater to different customer needs. The type of the furniture used depends on the customer’s affluence and taste.…

    • 747 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Solid wood furniture is considered the best quality furniture on the market, and if you are purchasing furniture that will be in your home for a long time, it is a very smart investment. Even with wear, solid wood gains character and charm and becomes a part of your family. Solid wood furniture is usually crafted with attention to detail that includes dovetailed joints, wood on wood drawer glides, and strong protective finishes.…

    • 1773 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Written Research For Wood

    • 609 Words
    • 2 Pages

    Custom is usually noticeably different and different sparks conversation. People are now expressing their personality through their furniture more and more. In 2014 we have already seen and will continue to see a grow in custom furniture and personal touches within the home.…

    • 609 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    A famous interior designer, Mark, owns Master Furniture (MF) which is located countryside in Melbourne. The major function of MF is providing customized furniture. There are three options provided to customers by MF: buying the existing furniture without any changes, changing the design of existing furniture displayed in showrooms, and providing design plans by customers themselves. In the next five years, MF plans to develop its own ERP system and expand his business to open linkage shops around Victoria.…

    • 3475 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Today is impossible to imagine life without furniture. It has become our reliable assistant. Each piece of furniture fulfills its own role. On the bed, people get enough sleep after a hard day, on the sofa they watch TV or read books, and sitting at dinner table, they not only eat, but also discuss important family news. The process of manufacturing furniture has become a real art. It emphasizes the prestige, indicates the presence of the taste of the owner. Societies are no longer able to dispense with the furniture, but it’s necessary first to consider what corporation to choose for a purchase. Therefore, our company was asked to create an e-commercial website to provide consumers with detailed information about properties we produce. The…

    • 867 Words
    • 4 Pages
    Satisfactory Essays

Related Topics