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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?
Fast Food Restaurant Marketing Strategy
What are the actual ways you are going to employ in order to market your Fast Food Restaurant business to your present and probable clients. You can as well add the expenditure involved in doing this and strategies involved in lowering your marketing outlay and how your marketing strategy can target your customers better. For instance if you are using Pay Per Click as a procedure to target Fast Food Restaurant customers you possibly will use long tail keyword search phrases to a certain extent than succinct generic words. This ought to diminish 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.
Fast Food Restaurant 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 put into practice to get the word out about your products and services to your would-be 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 opposition that you can exploit to your advantage? Are you capable of keeping your overheads lower than your competition so that you are at all times the cheapest? Do you have a premier locality? Are you the originator or the only one to provide a product or service? Are you capable of staying 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 going to have no website whatever 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 go and see this website and get more info with reference to putting your Fast Food Restaurant business online.
Sales Strategy
How are you going to get sales for your Fast Food Restaurant business in the first place and how are you going to boost 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 likely clients and know the answers to likely questions they will ask you. How are you going to build up an association with your customers to get future sales from them? How are you going to monitor 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 Fast Food Restaurant business proposal to assist you.
Management Summary
Management Team
Who are the chief players in your business?
Fast Food Restaurant Organizational Structure
What is the structure of your company - who is in charge of each division within your business?
Personnel Plan
This ought to be a list of every 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, short and long term and whether that is likely to alter in the future or not.
Fast Food Restaurant Financial Plan
Will you supply all your own funding or will it be a combination of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Fast Food Restaurant Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your services and products. You should represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Fast Food Restaurant Profit and Loss
You can denote profit and loss in the form of a monthly and yearly bar chart as well as tables. Obviously 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.
Fast Food Restaurant Cash Flow
You should have tables and charts to reveal your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should embrace all your fundamental info which makes your business operate efficiently. 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 impending investors.
Exit Strategy
How exactly are you going to sell your Fast Food Restaurant Business?
Fast Food Restaurant Business Plan Page 1 | Fast Food Restaurant Business Plan Page 2
Useful Fast Food Restaurant Resources
Fast Food Restaurant Marketing Plan | Fast Food Restaurant Equipment | Fast Food Restaurant Online
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