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Strategy and Implementation Summary
What is your common stratagem to make your business a success and how will you realize this?
Bureau de Change Marketing Strategy
What are the concrete methods you are going to employ in order to market your Bureau de Change business to your existing and would-be clients. You can in addition add the outlay involved in doing this and strategies involved in lowering your marketing expenditure and how your marketing strategy can target your clients better. For instance if you are using PPC as a structure to go for Bureau de Change customers you might use long tail keyword search phrases considerably than short generic words. This should condense your PPC expenditure as well as laser targeting your patrons; though it will of course take longer to set up. Read more about marketing strategy.
Bureau de Change Pricing Strategy
What policy 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 regarding your products and services 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 advantage above your rivalry that you can exploit to your gain? Are you capable of keeping your expenditure lower than your competitors so that you are continuously the cheapest? Do you have a premier site? Are you the originator or the only one to provide a service or product? Are you capable of staying ahead of the competition and if so what enables you to do this? Do you have a good brand, 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 business is going to position itself. You can pay a quick visit to this website and get more information regarding putting your Bureau de Change business online.
Sales Strategy
How are you going to generate sales for your Bureau de Change business in the first place and how are you going to build up or uphold sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your budding clients and know the answers to likely questions they will ask you. How are you going to foster a bond 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 Bureau de Change business proposal to assist you.
Management Summary
Management Team
Who are the focal protagonists in your company?
Bureau de Change Organizational Structure
What is the structure of your company - who is in charge of every department in your company?
Personnel Plan
This should be a listing of everybody in your company, their pay 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.
Bureau de Change Financial Plan
Will you provide all your own funding or will it be a fusion of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Bureau de Change Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through 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.
Bureau de Change Profit and Loss
You can embody this usually in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Bureau de Change Cash Flow
You should have tables and charts to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to take account of all your key info which makes your business operate efficiently. 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 should only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Bureau de Change Business?
Bureau de Change Business Plan Page 1 | Bureau de Change Business Plan Page 2
Useful Bureau de Change Resources
Bureau de Change Marketing Plan | Bureau de Change Equipment | Bureau de Change Online
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