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Strategy and Implementation Summary
What is your universal line of attack to make your business a winner and how will you realize this?
Accounting Practice Marketing Strategy
What are the actual methods you are going to draw on in order to promote your Accounting Practice business to your present and would-be patrons. You can furthermore add the overheads involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can seek out your clients better. For instance if you are using Pay Per Click as a strategy to go for Accounting Practice patrons you may well use long tail keyword search phrases considerably than short generic words. This ought to decrease your PPC outlay as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Accounting Practice Pricing Strategy
What stratagem did you use to get your selling prices for your services and products? Are you going to use cost-plus pricing, limit pricing, loss leaders, market-oriented pricing, penetration pricing, price discrimination, premium pricing, predatory pricing, contribution margin-based pricing, psychological pricing, dynamic pricing, target pricing, absorption pricing, high-low pricing, marginal-cost pricing, odd pricing, freemium or pay what you want pricing?
Check out this article on pricing up your products
Promotion Strategy
What promotion strategies are you going to put into practice to get the word out as regards your products and services to your would-be clients - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage above your competition that you can exploit to your gain? Are you able to keep your costs lower than your rivals so that you are constantly the cheapest? Do you have a first-class position? Are you the originator or the only one to provide a service or product? Are you capable of staying ahead of the rivalry and if so what enables you to do this? Do you have a good identification, trademarks, patents or a licence?
Web Strategy
Are you just going to have nothing at all or an all singing and dancing website with bells and whistles on? In most case it's going to be something in-between these two, and you need to consider long and hard where your company is going to position itself. You can pay a quick visit to this website and get more info as regards putting your Accounting Practice business online.
Sales Strategy
How are you going to pick up sales for your Accounting Practice business in the first place and how are you going to grow or maintain sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your prospective patrons and know the answers to likely questions they will ask you. How are you going to put together a bond with your patrons to get future sales from them? How are you going to check your sales? Do you want to increase your sales?
Formulating a good business proposal will increase your chances of getting a sale. Use this sample Accounting Practice business proposal to assist you.
Management Summary
Management Team
Who are the foremost protagonists in your business?
Accounting Practice Organizational Structure
What is the hierarchy of your company - who is the manager of each division inside your organization?
Personnel Plan
This should be a listing of everyone in your business, how much they get paid and what if any share options they have for now and in the future. You can also add what type of contracts they have, long and short term and whether that is expected to change in the future or not.
Accounting Practice Financial Plan
Will you provide all your own funding or will it be a mix of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Accounting Practice Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your products and services. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Accounting Practice Profit and Loss
You can embody profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably these ought to be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Accounting Practice Cash Flow
You ought to have tables and charts to show your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to add in all your key info which makes your business tick. This should be your business financials - so all your tables of numbers, tax returns, inventory estimates and personal and business credit history information. The information in the appendix is highly confidential and should only be given to impending investors.
Exit Strategy
How exactly are you going to sell your Accounting Practice Business?
Accounting Practice Business Plan Page 1 | Accounting Practice Business Plan Page 2
Useful Accounting Practice Resources
Accounting Practice Marketing Plan | Accounting Practice Equipment | Accounting Practice Online
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