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BUS 475 Final Business Model and Strategic Plan

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BUS 475 Final Business Model and Strategic Plan

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  • November 25, 2021
  • 18
  • 2021/2022
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Final Business Model and Strategic Plan 1




Final Business Model and Strategic Plan

NAME

BUS/475

DATE WEEK 5

TEACHER




Table of Contents

I. Page 3-6: Introduction / Executive Summary

II. Page 7-10: Existing Business or New Business Division; Vision, Mission, and Value Proposition

, Final Business Model and Strategic Plan 2
III. Page 10-12: SWOTT Analysis – Internal and External Environmental Analysis; Supply and Value

Chain Analysis



IV. Page 13-18: Assumptions, Risk, and Summary of Strategic Objectives; Balanced Score Card and

its impact on stakeholders; the Communication Plan

V. Page 19: Conclusion

VI. Page 20: References

, Final Business Model and Strategic Plan 3
Final Business Model and Strategic Plan

A company strategic plan and business model is pivotal to their success, and a business vision,

mission, and values are aligned with the model and plan as well. The strategies and objectives that

are created are based on outcome of the company SWOTT, Balanced Scorecard, and

Communication plan. With all of these factors collaborating together a company is able implement

strategies that can complete any goal set by the firm. Anytime Fitness is an established company

that would like to strengthen their global reach and further expand to fulfill their statement, and new

division is a great opportunity for the company to achieve this goal. The business model and

strategic plan for new division provides a great plan for successful implementation into Anytime

Fitness operations.

A market analysis was conducted, and the Information that was collected about the new

division, the completion was analyzed, and the customer expectations of the service were

researched. The market analysis revealed that the marketing service on websites that are heavily

populated with consumers looking to discover new information such as Google and Yahoo, and also

targeting popular social media sites like Facebook and Twitter. The strategy will increase Anytime

Fitness market share, which should yield more profits for the company. The Technology strategy is

based on the fact that there is no program like the virtual personal trainer, and it is difficult program

to replicate. Which give the company a main competitive advantage, and Anytime Fitness with the

creation of this new division will be leader in innovation. This division is its convenience because

members can choose to work out from their home, which mean no need to get all dress up, seeing as

the instructor is a virtual character. Members that work out at the gym, but they would like a plan in

place if something comes up and causes them to miss their session can benefit from this program as

well. The convenience of this service tying in with the fact the gym locations staying open 24/7

creates a significant competitive advantage. The strategy will also provide the exercises that are

determined by the health of your body not the what the trainer believe is right like the other

companies, which ensure that customers will not have to deal with doing the wrong exercise for

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