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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?
Commercial Floor Refinishing and Resurfacing Marketing Strategy
What are the genuine ways you are going to employ in order to promote your Commercial Floor Refinishing and Resurfacing business to your present and prospective customers. You can additionally add the costs involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can seek out your patrons better. For instance if you are using Pay Per Click as a method to go for Commercial Floor Refinishing and Resurfacing customers you may perhaps draw on long tail keyword search phrases to a certain extent than short generic words. This should lessen your PPC outlay as well as laser targeting your clients; although it will of course take longer to set up. Read more about marketing strategy.
Commercial Floor Refinishing and Resurfacing Pricing Strategy
What stratagem did you use to get your selling prices for your 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 practice to get the word out concerning your products and services to your possible patrons - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits over your competition that you can exploit to your gain? Are you capable of keeping your expenses lower than your competitors so that you are continuously the cheapest? Do you have a superior location? Are you the first or the only one to provide a service or product? Are you capable of staying 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 going to have no website whatsoever 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 business is going to position itself. You can pay a quick visit to this website and get more information about putting your Commercial Floor Refinishing and Resurfacing business online.
Sales Strategy
How are you going to pick up sales for your Commercial Floor Refinishing and Resurfacing business in the first place and how are you going to grow 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 prospective customers and know the answers to likely questions they will ask you. How are you going to construct a rapport with your patrons to get yet to come 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 Commercial Floor Refinishing and Resurfacing business proposal to assist you.
Management Summary
Management Team
Who are the chief protagonists in your company?
Commercial Floor Refinishing and Resurfacing Organizational Structure
What is the structure of your business - who is in charge of every division in your business?
Personnel Plan
This ought to be a listing of everybody in your company, their wage 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 expected to alter in the future or not.
Commercial Floor Refinishing and Resurfacing Financial Plan
Will you contribute all your own funding or will it be a combination of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Commercial Floor Refinishing and Resurfacing Break Even Analysis
How long will it take to get your capital investment back through sales of your services and products. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Commercial Floor Refinishing and Resurfacing Profit and Loss
You can represent 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 basis. You can obtain a free profit and loss spreadsheet to assist you.
Commercial Floor Refinishing and Resurfacing Cash Flow
You should have charts and tables to illustrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to include all your fundamental 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 should only be given to potential investors.
Exit Strategy
How exactly are you going to sell your Commercial Floor Refinishing and Resurfacing Business?
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Useful Commercial Floor Refinishing and Resurfacing Resources
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