 |
 |
|
|
 |
Strategy and Implementation Summary
What is your common stratagem to make your business a success and how will you complete this?
Electrical Contractor Marketing Strategy
What are the tangible ways you are going to draw on in order to market your Electrical Contractor business to your present and probable patrons. You can also add the overheads involved in doing this and strategies involved in reducing your marketing costs and how your marketing strategy can seek out your clients better. For example if you are using PPC as a means to go for Electrical Contractor customers you may well draw on long tail keyword search phrases considerably than short generic words. This should trim down your PPC outlay as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Electrical Contractor Pricing Strategy
How have you arrived at your prices for your 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 put into action to get the sound out concerning your products and services to your possible patrons - are you going to do media releases, run events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits above your competition that you can exploit to your gain? Are you capable of keeping your costs lower than your competitors so that you are at all times the cheapest? Do you have a superior location? Are you the original or the only one to provide a product or service? Are you able to stay in front of the rivalry and if so what enables you to do this? Do you have a good name, 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 ought to contemplate long and hard where your business is going to position itself. You can pay a visit to this website and get more information about putting your Electrical Contractor business online.
Sales Strategy
How are you going to acquire sales for your Electrical Contractor business in the first place and how are you going to boost or preserve sales as time goes on? How much is every sale going to cost you? Make sure you know what questions to ask of your would-be clients and know the answers to likely questions they will ask you. How are you going to develop a bond with your customers to get future 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 Electrical Contractor business proposal to assist you.
Management Summary
Management Team
Who are the foremost players in your business?
Electrical Contractor Organizational Structure
What is the structure of your company - who is in charge of every division inside your business?
Personnel Plan
This ought to be a directory of each person in your business, 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, long and short term and whether that is liable to change in the future or not.
Electrical Contractor Financial Plan
Will you provide all your own funding or will it be a mix of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Electrical 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 should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Electrical Contractor Profit and Loss
You can denote 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.
Electrical Contractor Cash Flow
You should have charts and tables to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should add in all your critical info 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 Electrical Contractor Business?
Electrical Contractor Business Plan Page 1 | Electrical Contractor Business Plan Page 2
Useful Electrical Contractor Resources
Electrical Contractor Marketing Plan | Electrical Contractor Equipment | Electrical Contractor Online
Find a different business plan...