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Strategy and Implementation Summary
What is your general strategy to make your business a success and how will you attain this?
Asian Food Retail Marketing Strategy
What are the authentic ways you are going to use in order to market your Asian Food Retail business to your present and prospective clients. You can also add the costs involved in doing this and strategies involved in lowering your marketing expenditure and how your marketing strategy can seek out your customers better. For instance if you are using Pay Per Click as a technique to go for Asian Food Retail customers you possibly will employ long tail keyword search phrases rather than short generic words. This ought to diminish your PPC expenditure as well as laser targeting your customers; even though it will of course take longer to set up. Read more about marketing strategy.
Asian Food Retail Pricing Strategy
How did you work out your price points products and services? 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 instigate to get the word out regarding your services and products to your would-be customers - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits over your rivals that you can exploit to your advantage? Are you capable of keeping your overheads lower than your rivalry so that you are constantly the cheapest? Do you have a first-rate location? Are you the original or the only one to provide a service or product? Are you capable of staying in front of the opposition and if so what enables you to do this? Do you have a good make, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatever or an all singing and dancing website with bells and whistles on? In most scenarios it is 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 on the subject of putting your Asian Food Retail business online.
Sales Strategy
How are you going to get sales for your Asian Food Retail business in the first place and how are you going to grow or maintain sales as time goes on? How much is every sale going to cost you? Make sure you know what questions to ask of your prospective clients and know the answers to likely questions they will ask you. How are you going to build a rapport with your patrons to get yet to come sales from them? How are you going to observe 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 Asian Food Retail business proposal to assist you.
Management Summary
Management Team
Who are the focal protagonists in your business?
Asian Food Retail Organizational Structure
What is the hierarchy of your company - who is the manager of each department inside your business?
Personnel Plan
This ought to be a list of everybody in your business, how much they are 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 apt to alter in the future or not.
Asian Food Retail Financial Plan
Will you deliver all your own funding or will it be a mixture of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Asian Food Retail Break Even Analysis
How long will it take to get your capital investment back through sales of your services and products. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Asian Food Retail Profit and Loss
You can embody profit and loss in the form of a monthly and yearly bar chart as well as tables. Clearly these ought to be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Asian Food Retail Cash Flow
You ought to have tables and charts to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to consist of all your central information 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 potential investors.
Exit Strategy
How exactly are you going to sell your Asian Food Retail Business?
Asian Food Retail Business Plan Page 1 | Asian Food Retail Business Plan Page 2
Useful Asian Food Retail Resources
Asian Food Retail Marketing Plan | Asian Food Retail Equipment | Asian Food Retail Online
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