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What is a concept without development? What is a brand without development? What is a team without development? A business development plan is an important corporate tool in every industry. Before a development plan is created, the concept should be checked for profitability by determining key figures. Key points should be taken into account here:
- Business plan
- Market, location, and development analysis
- Competitor analysis (identification of strengths, weaknesses, opportunities, and threats)
- Concept review
- Definition and elaboration of the unique selling propositions
- Customer analysis
- Business mix (product policy, price policy, communication policy, and distribution policy)
- Budget planning
- Personnel structure and team
The development goals should be derived and defined from this. I will help you #hotelfritz