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Strategy and Implementation Summary
What is your general strategy to make your business a success and how will you achieve this?
Body Jewelry Marketing Strategy
What are the authentic methods you are going to use in order to market your Body Jewelry business to your present and probable patrons. You can furthermore add the expenses involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your patrons better. For instance if you are using PPC as a procedure to target Body Jewelry customers you may use long tail keyword search phrases to a certain extent than short generic words. This should slash your PPC outlay as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Body Jewelry Pricing Strategy
What strategy 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 apply to get the sound out concerning your products and services to your potential 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 above your competitors that you can exploit to your gain? Are you capable of keeping your expenditure lower than your competitors so that you are continually the cheapest? Do you have a premier location? Are you the first or the only one to provide a product or service? Are you able to stay in front of the competition 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 at all 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 ought to contemplate long and hard where your company is going to position itself. You can visit this website and get more information regarding putting your Body Jewelry business online.
Sales Strategy
How are you going to pick up sales for your Body Jewelry business in the first place and how are you going to build up or preserve sales as time goes on? How much are your sales going to cost you? Make definite you know what questions to ask of your possible clients and know the answers to likely questions they will ask you. How are you going to build a connection with your clients to get future sales from them? How are you going to scrutinize 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 Body Jewelry business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your business?
Body Jewelry Organizational Structure
What is the structure of your company - who is the manager of each department in your business?
Personnel Plan
This should be a record 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, short and long term and whether that is expected to change in the future or not.
Body Jewelry Financial Plan
Will you provide all your own funding or will it be a blend of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?
Body Jewelry 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.
Body Jewelry Profit and Loss
You can embody profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously 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.
Body Jewelry Cash Flow
You ought to have tables and charts to show your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to add in all your key info which makes your business operate efficiently. 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 Body Jewelry Business?
Body Jewelry Business Plan Page 1 | Body Jewelry Business Plan Page 2
Useful Body Jewelry Resources
Body Jewelry Marketing Plan | Body Jewelry Equipment | Body Jewelry Online
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