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Strategy and Implementation Summary
What is your universal strategy to make your business a winner and how will you accomplish this?
Drilling and Boring Contractor Marketing Strategy
What are the tangible ways you are going to draw on in order to promote your Drilling and Boring Contractor business to your existing and possible clients. You can what's more add the outlay involved in doing this and strategies involved in reducing your marketing outlay and how your marketing strategy can seek out your clients better. For example if you are using Pay Per Click as a system to go for Drilling and Boring Contractor patrons you could employ long tail keyword search phrases significantly than succinct generic words. This should bring down your Pay Per Click overheads as well as laser targeting your patrons; even though it will of course take longer to set up. Read more about marketing strategy.
Drilling and Boring Contractor 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 apply to get the word out concerning your products and services 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 rivalry that you can exploit to your gain? Are you capable of keeping your overheads lower than your opposition so that you are continuously the cheapest? Do you have a first-rate position? Are you the first or the only one to supply a service or product? Are you capable of staying ahead of the competition 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 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 deliberate long and hard where your business is going to position itself. You can pay a quick visit to this website and get more info as regards putting your Drilling and Boring Contractor business online.
Sales Strategy
How are you going to get sales for your Drilling and Boring Contractor business in the first place and how are you going to intensify or maintain sales as time goes on? How much are your sales going to cost you? Make certain 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 shape a relationship with your patrons 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 Drilling and Boring Contractor business proposal to assist you.
Management Summary
Management Team
Who are the key protagonists in your company?
Drilling and Boring Contractor Organizational Structure
What is the hierarchy of your company - who is in charge of each division within your organization?
Personnel Plan
This ought to be a listing of everybody 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 expected to change in the future or not.
Drilling and Boring Contractor Financial Plan
Will you bring all your own funding or will it be a mix of your capital, bank loans, or angel investors? Do you need help in writing your financial plan?
Drilling and Boring Contractor Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your products and services. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Drilling and Boring Contractor Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously 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.
Drilling and Boring Contractor 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 consist of 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 ought to only be given to likely investors.
Exit Strategy
How exactly are you going to sell your Drilling and Boring Contractor Business?
Drilling and Boring Contractor Business Plan Page 1 | Drilling and Boring Contractor Business Plan Page 2
Useful Drilling and Boring Contractor Resources
Drilling and Boring Contractor Marketing Plan | Drilling and Boring Contractor Equipment | Drilling and Boring Contractor Online
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