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Strategy and Implementation Summary
What is your common approach to make your business a winner and how will you complete this?
Billing Service Marketing Strategy
What are the tangible ways you are going to employ in order to promote your Billing Service business to your present and probable customers. You can as well add the expenses involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can seek out your customers better. For example if you are using PPC as a technique to go for Billing Service patrons you may well employ long tail keyword search phrases preferably than short generic words. This should shrink your Pay Per Click expenditure as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Billing Service Pricing Strategy
How did you work out your price points 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 apply to get the sound out regarding your products and services to your would-be customers - 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 rivalry that you can exploit to your gain? Are you capable of keeping your overheads lower than your rivalry so that you are continually the cheapest? Do you have a prime location? Are you the pioneer or the only one to provide a service or product? Are you capable of staying ahead 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 whatever or an all singing and dancing website with bells and whistles on? In most case it is going to be something in-between these two, and you need to deliberate long and hard where your company is going to position itself. You can pay a visit to this website and get more info as regards putting your Billing Service business online.
Sales Strategy
How are you going to generate sales for your Billing Service business in the first place and how are you going to expand or preserve sales as time goes on? How much is every sale going to cost you? Make definite 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 develop a rapport with your clients to get prospective sales from them? How are you going to check 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 Billing Service business proposal to assist you.
Management Summary
Management Team
Who are the foremost protagonists in your business?
Billing Service Organizational Structure
What is the structure of your company - who is the manager of every department inside your company?
Personnel Plan
This should be a listing of everyone in your business, their payment 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 prone to alter in the future or not.
Billing Service Financial Plan
Will you bring all your own funding or will it be an assortment of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Billing Service 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 graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Billing Service Profit and Loss
You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Clearly 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.
Billing Service Cash Flow
You ought to have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should incorporate all your vital information 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 impending investors.
Exit Strategy
How exactly are you going to sell your Billing Service Business?
Billing Service Business Plan Page 1 | Billing Service Business Plan Page 2
Useful Billing Service Resources
Billing Service Marketing Plan | Billing Service Equipment | Billing Service Online
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