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Strategy and Implementation Summary
What is your universal approach to make your business a winner and how will you achieve this?
Electric Motor Service and Repair Marketing Strategy
What are the real methods you are going to exercise in order to market your Electric Motor Service and Repair business to your present and likely customers. You can furthermore add the outlay involved in doing this and strategies involved in lowering your marketing expenditure and how your marketing strategy can seek out your clients better. For example if you are using Pay Per Click as a structure to target Electric Motor Service and Repair customers you may employ long tail keyword search phrases to a certain extent than succinct generic words. This ought to reduce your PPC expenditure as well as laser targeting your clients; even though it will of course take longer to set up. Read more about marketing strategy.
Electric Motor Service and Repair Pricing Strategy
How did you work out your price points 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 execute to get the word out regarding 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 above your competitors that you can exploit to your benefit? Are you capable of keeping your expenditure lower than your competition so that you are at all times the cheapest? Do you have a premier site? Are you the first or the only one to supply a product or service? Are you able to stay ahead of the rivalry and if so what enables you to do this? Do you have a good identification, 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 scenarios it's going to be something in-between these two, and you need to reason 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 Electric Motor Service and Repair business online.
Sales Strategy
How are you going to acquire sales for your Electric Motor Service and Repair business in the first place and how are you going to boost or sustain sales as time goes on? How much are your sales going to cost you? Make certain you know what questions to ask of your potential clients and know the answers to likely questions they will ask you. How are you going to foster a relationship 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 Electric Motor Service and Repair business proposal to assist you.
Management Summary
Management Team
Who are the key players in your business?
Electric Motor Service and Repair Organizational Structure
What is the structure of your business - who is the manager of each division within your company?
Personnel Plan
This ought to be a list of every person in your company, their payment 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 prone to alter in the future or not.
Electric Motor Service and Repair Financial Plan
Will you supply all your own funding or will it be a mixture of your money, bank loans, or angel investors? Do you need help in writing your financial plan?
Electric Motor Service and Repair 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 graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Electric Motor Service and Repair Profit and Loss
You can represent profit and loss in the form of a monthly and yearly bar chart as well as tables. Clearly 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.
Electric Motor Service and Repair Cash Flow
You ought to have charts and tables to explain your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to consist of all your central 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 likely investors.
Exit Strategy
How exactly are you going to sell your Electric Motor Service and Repair Business?
Electric Motor Service and Repair Business Plan Page 1 | Electric Motor Service and Repair Business Plan Page 2
Useful Electric Motor Service and Repair Resources
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