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Strategy and Implementation Summary
What is your common strategy to make your business a success and how will you go about this?
Classic Car Restoration Marketing Strategy
What are the genuine methods you are going to employ in order to promote your Classic Car Restoration business to your present and potential patrons. You can furthermore add the outlay involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can target your patrons better. For example if you are using PPC as a approach to go for Classic Car Restoration patrons you could employ long tail keyword search phrases rather than short generic words. This ought to cut down your Pay Per Click outlay as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Classic Car Restoration 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 word out as regards your services and products 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 advantage over your rivals that you can exploit to your benefit? Are you able to keep your overheads lower than your opposition so that you are constantly the cheapest? Do you have a first-rate locality? Are you the pioneer or the only one to supply a product or service? Are you capable of staying in front of the rivalry and if so what enables you to do this? Do you have a good class, 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 need to consider long and hard where your company is going to position itself. You can go and see this website and get more information on the subject of putting your Classic Car Restoration business online.
Sales Strategy
How are you going to pick up sales for your Classic Car Restoration business in the first place and how are you going to build up or sustain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your prospective patrons and know the answers to likely questions they will ask you. How are you going to build up an affiliation with your clients to get yet to come sales from them? How are you going to observe 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 Classic Car Restoration business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your company?
Classic Car Restoration Organizational Structure
What is the structure of your company - who is the manager of each department inside your business?
Personnel Plan
This should be a list of every person 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 apt to alter in the future or not.
Classic Car Restoration Financial Plan
Will you bring in all your own funding or will it be a fusion of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Classic Car Restoration Break Even Analysis
How long will it take to get your capital investment back through sales of your products and services. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Classic Car Restoration Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Observably 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.
Classic Car Restoration Cash Flow
You ought to have tables and charts to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should include all your necessary 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 ought to only be given to would-be investors.
Exit Strategy
How exactly are you going to sell your Classic Car Restoration Business?
Classic Car Restoration Business Plan Page 1 | Classic Car Restoration Business Plan Page 2
Useful Classic Car Restoration Resources
Classic Car Restoration Marketing Plan | Classic Car Restoration Equipment | Classic Car Restoration Online
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