Market Research and Analysis:
Conduct thorough market research to identify potential expansion
ew project opportunities, including market trends, customer demographics, competition, and regulatory factors.
Analyze data and market insights to make informed decisions regarding target locations for expansion
Expansion Strategy Development:
Collaborate with senior management to develop comprehensive expansion strategies aligned with company goals and objectives.
Define clear goals, timelines, and budgets for each project.
Create financial models and projections to assess the feasibility of B2C and B2B plans.
Monitor and manage budgets for expansion projects, optimizing costs while ensuring quality.
Oversee the end-to-end execution of expansion projects, including construction, store setup, staffing, and launch.
Collaborate with cross-functional teams to ensure timely and efficient project delivery.
Compliance and Regulations:
Ensure compliance with local regulations, zoning laws, and permits for new store locations.
Track and analyze the performance of new stores post-launch, adjusting strategies as needed to optimize results.
Implement key performance indicators (KPIs) to measure the success of expansion efforts.
Reporting and Communication:
Prepare regular reports and presentations for senior management, stakeholders, and board members to communicate progress and results.
Maintain open communication channels with all relevant departments and teams.