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Strategy and Implementation Summary
What is your general stratagem to make your business a success and how will you complete this?
Bathtub Repair and Refinishing Service Marketing Strategy
What are the actual methods you are going to draw on in order to promote your Bathtub Repair and Refinishing Service business to your present and would-be clients. You can in addition add the expenses involved in doing this and strategies involved in lowering your marketing costs and how your marketing strategy can target your patrons better. For instance if you are using PPC as a method to go for Bathtub Repair and Refinishing Service customers you may perhaps draw on long tail keyword search phrases preferably than short generic words. This ought to bring down your Pay Per Click costs as well as laser targeting your clients; although it will of course take longer to set up. Read more about marketing strategy.
Bathtub Repair and Refinishing Service Pricing Strategy
What stratagem did you use to get your selling prices for your 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 put into action to get the sound out as regards 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 above your opposition that you can exploit to your gain? Are you able to keep your expenses lower than your opposition so that you are always the cheapest? Do you have a premier place? Are you the original or the only one to provide a service or product? Are you able to stay ahead of the rivalry 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 whatsoever 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 think long and hard where your company is going to position itself. You can visit this website and get more info regarding putting your Bathtub Repair and Refinishing Service business online.
Sales Strategy
How are you going to pick up sales for your Bathtub Repair and Refinishing Service 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 would-be clients and know the answers to likely questions they will ask you. How are you going to foster a rapport with your clients 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 Bathtub Repair and Refinishing Service business proposal to assist you.
Management Summary
Management Team
Who are the key players in your business?
Bathtub Repair and Refinishing Service Organizational Structure
What is the structure of your company - who is in charge of every division within your company?
Personnel Plan
This ought to be a directory of every person 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 alter in the future or not.
Bathtub Repair and Refinishing Service Financial Plan
Will you bring in all your own funding or will it be a fusion of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Bathtub Repair and Refinishing Service 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 a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Bathtub Repair and Refinishing Service Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Obviously 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.
Bathtub Repair and Refinishing Service 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 comprise all your vital info which makes your business tick. 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 likely investors.
Exit Strategy
How exactly are you going to sell your Bathtub Repair and Refinishing Service Business?
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