 |
 |
|
|
 |
Strategy and Implementation Summary
What is your universal line of attack to make your business a success and how will you achieve this?
Belting and Supply Company Marketing Strategy
What are the concrete ways you are going to employ in order to market your Belting and Supply Company business to your existing and likely clients. You can also add the outlay involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a approach to go for Belting and Supply Company customers you might employ long tail keyword search phrases preferably than succinct generic words. This ought to decrease your PPC expenditure as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Belting and Supply Company Pricing Strategy
How have you arrived at your 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 execute to get the word out regarding your products and services to your possible patrons - 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 competitors that you can exploit to your benefit? Are you able to keep your overheads lower than your competitors so that you are always the cheapest? Do you have a premier location? Are you the first or the only one to supply a service or product? Are you able to stay in front of the competition and if so what enables you to do this? Do you have a good make, 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 think long and hard where your company is going to position itself. You can go and see this website and get more information about putting your Belting and Supply Company business online.
Sales Strategy
How are you going to generate sales for your Belting and Supply Company business in the first place and how are you going to boost or preserve sales as time goes on? How much are your sales 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 make a rapport with your patrons to get yet to come 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 Belting and Supply Company business proposal to assist you.
Management Summary
Management Team
Who are the focal protagonists in your company?
Belting and Supply Company Organizational Structure
What is the structure of your business - who is in charge of each division within your organization?
Personnel Plan
This should be a register of every 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 liable to alter in the future or not.
Belting and Supply Company Financial Plan
Will you deliver all your own funding or will it be a combination of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Belting and Supply Company Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your services and products. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Belting and Supply Company Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Belting and Supply Company Cash Flow
You ought to have tables and charts to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should comprise all your crucial 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 would-be investors.
Exit Strategy
How exactly are you going to sell your Belting and Supply Company Business?
Belting and Supply Company Business Plan Page 1 | Belting and Supply Company Business Plan Page 2
Useful Belting and Supply Company Resources
Belting and Supply Company Marketing Plan | Belting and Supply Company Equipment | Belting and Supply Company Online
Find a different business plan...