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Strategy and Implementation Summary
What is your universal line of attack to make your business a success and how will you achieve this?
Asian Food Store Marketing Strategy
What are the real ways you are going to exercise in order to market your Asian Food Store business to your existing and would-be patrons. You can also add the costs involved in doing this and strategies involved in lowering your marketing expenses and how your marketing strategy can target your clients better. For instance if you are using PPC as a strategy to target Asian Food Store patrons you may employ long tail keyword search phrases significantly than succinct generic words. This ought to shrink your Pay Per Click expenditure as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Asian Food Store Pricing Strategy
How did you work out your price points 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 service to get the sound out regarding your products and services to your would-be patrons - 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 opposition that you can exploit to your advantage? Are you capable of keeping your expenditure lower than your competitors so that you are constantly the cheapest? Do you have a first-class place? Are you the original or the only one to provide a product or service? Are you capable of staying in front of the competition and if so what enables you to do this? Do you have a good identifying mark, trademarks, patents or a licence?
Web Strategy
Are you going to have no website at all 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 ought to consider long and hard where your business is going to position itself. You can pay a visit to this website and get more info regarding putting your Asian Food Store business online.
Sales Strategy
How are you going to generate sales for your Asian Food Store business in the first place and how are you going to boost or sustain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your potential patrons and know the answers to likely questions they will ask you. How are you going to shape a bond with your patrons to get future sales from them? How are you going to monitor 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 Store business proposal to assist you.
Management Summary
Management Team
Who are the core protagonists in your business?
Asian Food Store Organizational Structure
What is the hierarchy of your company - who is in charge of every division within your business?
Personnel Plan
This ought to be a register of each person in your company, 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, short and long term and whether that is prone to change in the future or not.
Asian Food Store Financial Plan
Will you contribute all your own funding or will it be a combination of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Asian Food Store Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Asian Food Store Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably these should 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 Store Cash Flow
You ought to have charts and tables to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to add in all your critical info which makes your business operate efficiently. This ought to 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 Asian Food Store Business?
Asian Food Store Business Plan Page 1 | Asian Food Store Business Plan Page 2
Useful Asian Food Store Resources
Asian Food Store Marketing Plan | Asian Food Store Equipment | Asian Food Store Online
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