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Strategy and Implementation Summary
What is your common approach to make your business a success and how will you go about this?
Bartender School Marketing Strategy
What are the real ways you are going to exercise in order to promote your Bartender School business to your present and would-be patrons. You can in addition add the expenses involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can seek out your clients better. For instance if you are using PPC as a structure to go for Bartender School patrons you possibly will employ long tail keyword search phrases significantly than succinct generic words. This ought to diminish your Pay Per Click outlay as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Bartender School 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 employ to get the sound out about your products and services to your potential clients - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some advantage over your opposition that you can exploit to your advantage? Are you able to keep your overheads lower than your rivals so that you are constantly the cheapest? Do you have a first-class position? Are you the pioneer 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 class, 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 scenarios it is going to be something in-between these two, and you need to reason long and hard where your business is going to position itself. You can visit this website and get more information about putting your Bartender School business online.
Sales Strategy
How are you going to acquire sales for your Bartender School business in the first place and how are you going to grow or uphold sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your would-be clients and know the answers to likely questions they will ask you. How are you going to encourage a relationship with your customers 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 Bartender School business proposal to assist you.
Management Summary
Management Team
Who are the core players in your company?
Bartender School Organizational Structure
What is the hierarchy of your business - who is in charge of every division within your organization?
Personnel Plan
This ought to be a register of each person in your company, their pay 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.
Bartender School Financial Plan
Will you bring all your own funding or will it be a combination of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Bartender School Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your services and products. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Bartender School Profit and Loss
You can denote this usually 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.
Bartender School 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 should involve all your important information 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 ought to only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Bartender School Business?
Bartender School Business Plan Page 1 | Bartender School Business Plan Page 2
Useful Bartender School Resources
Bartender School Marketing Plan | Bartender School Equipment | Bartender School Online
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