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Strategy and Implementation Summary
What is your common strategy to make your business a winner and how will you complete this?
Clothing Alteration Service Marketing Strategy
What are the concrete methods you are going to exercise in order to promote your Clothing Alteration Service business to your existing and prospective patrons. You can as well add the costs involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your patrons better. For example if you are using PPC as a method to target Clothing Alteration Service clients you may well employ long tail keyword search phrases preferably than succinct generic words. This should condense your PPC overheads as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Clothing Alteration Service 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 execute to get the word out about 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 advantage above your competitors that you can exploit to your advantage? Are you able to keep your expenses lower than your rivals 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 able to stay in front 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 contemplate long and hard where your company is going to position itself. You can visit this website and get more info in relation to putting your Clothing Alteration Service business online.
Sales Strategy
How are you going to pick up sales for your Clothing Alteration Service business in the first place and how are you going to build up or preserve sales as time goes on? How much is each sale going to cost you? Make definite you know what questions to ask of your potential patrons and know the answers to likely questions they will ask you. How are you going to build up a relationship with your patrons to get prospective 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 Clothing Alteration Service business proposal to assist you.
Management Summary
Management Team
Who are the major players in your company?
Clothing Alteration Service Organizational Structure
What is the structure of your company - who is in charge of each division within your company?
Personnel Plan
This ought to be a record of each person 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 apt to alter in the future or not.
Clothing Alteration Service Financial Plan
Will you bring in all your own funding or will it be a combination of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Clothing Alteration Service 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.
Clothing Alteration Service 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 should be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.
Clothing Alteration Service Cash Flow
You should have charts and tables to show your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to consist of all your important info which makes your business tick. 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 ought to only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Clothing Alteration Service Business?
Clothing Alteration Service Business Plan Page 1 | Clothing Alteration Service Business Plan Page 2
Useful Clothing Alteration Service Resources
Clothing Alteration Service Marketing Plan | Clothing Alteration Service Equipment | Clothing Alteration Service Online
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