Overall Long-Term Development – in the beginning we plan to start our business with some
limited brands product but after some time for the long term development plan to sell maximum
brands product in our store so people can get more options at my grocery store to buy products.
Specific goal
One years
Five years
Ten years
Number of
employees
10
20
40
Number of locations
1
2
4
Annual sales
$7,00,000
$14,00,000
$28,00,000
Profit or profit
margin
$1,40,000
$2,80,000
$5,60,000
Number of product or
services
Limited brands
products
We increases our
products as per
costumer need
sell maximum brands
product
Awards or
recognition received
N/A
Excellence in
retailing awards
New product award
Owner allocation
BUSINESS STRATEGIES
One year – In the beginning of our business we plan to give our time to all the customers to
make the customer regular and try to provide best offers and products. We also plan to make one
feedback box or survey which can help us to make changes in our business for the customers. we
plan to do too much advertisement so all the people know about my store.
Five year – After running my business (one store) for five years Then I plan to make one more
grocery store which can help those people who live far from my old store and tried to make that
store more modern And try to make more customers in that area.