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Strategy and Implementation Summary
What is your general approach to make your business a success and how will you accomplish this?
Baseball Cards and Memorabilia Store Marketing Strategy
What are the concrete methods you are going to exercise in order to promote your Baseball Cards and Memorabilia Store business to your existing and prospective clients. You can what's more add the expenditure involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your customers better. For instance if you are using Pay Per Click as a procedure to go for Baseball Cards and Memorabilia Store customers you may well draw on long tail keyword search phrases rather than succinct generic words. This should reduce your Pay Per Click overheads as well as laser targeting your patrons; although it will of course take longer to set up. Read more about marketing strategy.
Baseball Cards and Memorabilia Store Pricing Strategy
How have you arrived at your 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 instigate to get the word out about your services and products 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 benefits over your rivalry that you can exploit to your benefit? Are you able to keep your overheads lower than your rivalry so that you are always the cheapest? Do you have a first-class site? Are you the pioneer or the only one to supply 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 identification, trademarks, patents or a licence?
Web Strategy
Are you going to have no website whatsoever or an all singing and dancing website with bells and whistles on? In most scenarios it's going to be something in-between these two, and you need to consider long and hard where your business is going to position itself. You can visit this website and get more info about putting your Baseball Cards and Memorabilia Store business online.
Sales Strategy
How are you going to acquire sales for your Baseball Cards and Memorabilia Store business in the first place and how are you going to expand or maintain sales as time goes on? How much is every sale going to cost you? Make definite you know what questions to ask of your potential clients and know the answers to likely questions they will ask you. How are you going to foster a bond with your customers to get prospective 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 Baseball Cards and Memorabilia Store business proposal to assist you.
Management Summary
Management Team
Who are the key players in your business?
Baseball Cards and Memorabilia Store Organizational Structure
What is the structure of your company - who is the manager of every division within your company?
Personnel Plan
This should be a directory of everybody in your company, 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 apt to change in the future or not.
Baseball Cards and Memorabilia Store Financial Plan
Will you deliver all your own funding or will it be a blend of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Baseball Cards and Memorabilia Store Break Even Analysis
How long will it take to get your capital investment back by means of sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Baseball Cards and Memorabilia Store Profit and Loss
You can embody this usually 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Baseball Cards and Memorabilia Store Cash Flow
You should have tables and charts to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to incorporate all your critical 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 potential investors.
Exit Strategy
How exactly are you going to sell your Baseball Cards and Memorabilia Store Business?
Baseball Cards and Memorabilia Store Business Plan Page 1 | Baseball Cards and Memorabilia Store Business Plan Page 2
Useful Baseball Cards and Memorabilia Store Resources
Baseball Cards and Memorabilia Store Marketing Plan | Baseball Cards and Memorabilia Store Equipment | Baseball Cards and Memorabilia Store Online
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