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Strategy and Implementation Summary
What is your universal stratagem to make your business a success and how will you achieve this?
Carbon Arc Welding Marketing Strategy
What are the authentic ways you are going to exercise in order to promote your Carbon Arc Welding business to your existing and prospective patrons. You can furthermore add the outlay involved in doing this and strategies involved in reducing your marketing expenditure and how your marketing strategy can target your customers better. For example if you are using Pay Per Click as a procedure to go for Carbon Arc Welding customers you may well use long tail keyword search phrases preferably than succinct generic words. This should decrease your Pay Per Click expenses as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Carbon Arc Welding 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 instigate to get the sound out as regards your products and services to your possible customers - 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 opposition that you can exploit to your gain? Are you able to keep your overheads lower than your competitors so that you are at all times the cheapest? Do you have a first-class place? Are you the first or the only one to supply a product or service? Are you capable of staying in front of the opposition and if so what enables you to do this? Do you have a good identifying mark, 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 consider long and hard where your business is going to position itself. You can visit this website and get more information concerning putting your Carbon Arc Welding business online.
Sales Strategy
How are you going to pick up sales for your Carbon Arc Welding business in the first place and how are you going to grow or sustain 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 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 Carbon Arc Welding business proposal to assist you.
Management Summary
Management Team
Who are the key players in your company?
Carbon Arc Welding Organizational Structure
What is the structure of your business - who is the manager of every department inside your business?
Personnel Plan
This should be a register of everyone in your business, 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, long and short term and whether that is likely to alter in the future or not.
Carbon Arc Welding Financial Plan
Will you provide all your own funding or will it be a mix of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Carbon Arc Welding 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 a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Carbon Arc Welding Profit and Loss
You can denote profit and loss 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.
Carbon Arc Welding 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 should add in all your chief 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 likely investors.
Exit Strategy
How exactly are you going to sell your Carbon Arc Welding Business?
Carbon Arc Welding Business Plan Page 1 | Carbon Arc Welding Business Plan Page 2
Useful Carbon Arc Welding Resources
Carbon Arc Welding Marketing Plan | Carbon Arc Welding Equipment | Carbon Arc Welding Online
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