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Strategy and Implementation Summary
What is your common strategy to make your business a success and how will you realize this?
Bungee Jumping Marketing Strategy
What are the definite ways you are going to employ in order to market your Bungee Jumping business to your present and possible clients. You can as well add the outlay involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can target your patrons better. For instance if you are using PPC as a approach to go for Bungee Jumping customers you possibly will employ long tail keyword search phrases rather than short generic words. This should shrink your Pay Per Click costs as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Bungee Jumping Pricing Strategy
How did you work out your price points 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 put into service to get the word out concerning your services and products to your possible clients - 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 rivalry that you can exploit to your gain? Are you capable of keeping your outlay lower than your rivalry so that you are constantly the cheapest? Do you have a superior position? Are you the pioneer or the only one to provide a product or service? Are you capable of staying ahead of the opposition and if so what enables you to do this? Do you have a good brand, 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 case it's going to be something in-between these two, and you ought to deliberate long and hard where your business is going to position itself. You can go and see this website and get more information about putting your Bungee Jumping business online.
Sales Strategy
How are you going to get sales for your Bungee Jumping business in the first place and how are you going to build up or maintain sales as time goes on? How much is every sale going to cost you? Make certain 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 shape an affiliation with your patrons 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 Bungee Jumping business proposal to assist you.
Management Summary
Management Team
Who are the core players in your business?
Bungee Jumping Organizational Structure
What is the structure of your business - who is the manager of every division within your business?
Personnel Plan
This should be a register 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 prone to alter in the future or not.
Bungee Jumping Financial Plan
Will you deliver all your own funding or will it be a mixture of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Bungee Jumping 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.
Bungee Jumping Profit and Loss
You can represent this usually 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Bungee Jumping Cash Flow
You ought to have tables and charts to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to contain all your chief 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 impending investors.
Exit Strategy
How exactly are you going to sell your Bungee Jumping Business?
Bungee Jumping Business Plan Page 1 | Bungee Jumping Business Plan Page 2
Useful Bungee Jumping Resources
Bungee Jumping Marketing Plan | Bungee Jumping Equipment | Bungee Jumping Online
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