Strategic Management - Develop a strategic plan for a small

Strategic Management

INSTRUCTION: Develop a strategic plan for a small company within your country. This is to be presented to a group of potential investors. The strategic plan must include the following:

The business is a Spa

Name of the spa is Lust Life Spa

Location: Grace Bay Plaza, Providenciales, Turks and Caicos Islands.

Expand the location: Grand Turk Cruise Centre, Grand Turk Turks and Caicos Island

1. SWOT: - a summarized view of the company’s current position, giving the strengths, weaknesses, opportunities, and threats.

1. Competitive advantage: Stating what the company is best at compared to the competition.

1. Strategies: The general methods the company intends to use to reach its vision.

1. Financial assessment: An assessment that helps plan and predict the future, allowing it to gain much better control over its organization’s financial performance.