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Strategy and Implementation Summary
What is your general approach to make your business a winner and how will you achieve this?
Computer Speech Recognition Service Marketing Strategy
What are the tangible ways you are going to employ in order to promote your Computer Speech Recognition Service business to your existing and potential patrons. You can in addition add the expenditure involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can target your customers better. For instance if you are using PPC as a structure to target Computer Speech Recognition Service patrons you may perhaps employ long tail keyword search phrases rather than short generic words. This should bring down your Pay Per Click expenses as well as laser targeting your clients; though it will of course take longer to set up. Read more about marketing strategy.
Computer Speech Recognition Service Pricing Strategy
What line of attack 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 action to get the word 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 opposition that you can exploit to your advantage? Are you capable of keeping your outlay lower than your opposition so that you are continually the cheapest? Do you have a first-rate site? Are you the original or the only one to provide a service or product? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good name, 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 business is going to position itself. You can visit this website and get more info concerning putting your Computer Speech Recognition Service business online.
Sales Strategy
How are you going to pick up sales for your Computer Speech Recognition Service business in the first place and how are you going to increase 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 prospective customers and know the answers to likely questions they will ask you. How are you going to create a rapport with your customers 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 Computer Speech Recognition Service business proposal to assist you.
Management Summary
Management Team
Who are the key protagonists in your company?
Computer Speech Recognition Service Organizational Structure
What is the structure of your company - who is in charge of every division in your business?
Personnel Plan
This ought to be a record 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 likely to alter in the future or not.
Computer Speech Recognition Service Financial Plan
Will you contribute all your own funding or will it be a blend of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Computer Speech Recognition Service Break Even Analysis
How long will it take to get your capital investment back by means of 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.
Computer Speech Recognition Service Profit and Loss
You can represent 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.
Computer Speech Recognition Service Cash Flow
You should have charts and tables to display your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should involve all your important info which makes your business operate efficiently. 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 probable investors.
Exit Strategy
How exactly are you going to sell your Computer Speech Recognition Service Business?
Computer Speech Recognition Service Business Plan Page 1 | Computer Speech Recognition Service Business Plan Page 2
Useful Computer Speech Recognition Service Resources
Computer Speech Recognition Service Marketing Plan | Computer Speech Recognition Service Equipment | Computer Speech Recognition Service Online
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