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Strategy and Implementation Summary
What is your common strategy to make your business a success and how will you accomplish this?
Financial Advisor Marketing Strategy
What are the real methods you are going to employ in order to promote your Financial Advisor business to your existing and potential patrons. You can in addition add the costs involved in doing this and strategies involved in reducing your marketing overheads and how your marketing strategy can seek out your clients better. For example if you are using PPC as a method to target Financial Advisor customers you may perhaps employ long tail keyword search phrases significantly than short generic words. This should slash your PPC costs as well as laser targeting your customers; though it will of course take longer to set up. Read more about marketing strategy.
Financial Advisor Pricing Strategy
How have you arrived at your 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 service to get the word out concerning your services and products to your likely 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 advantage over your rivals that you can exploit to your benefit? Are you capable of keeping your overheads lower than your rivals so that you are continually the cheapest? Do you have a prime location? Are you the pioneer or the only one to provide a product or service? Are you able to stay ahead of the opposition and if so what enables you to do this? Do you have a good identification, 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 company is going to position itself. You can go and see this website and get more info on the subject of putting your Financial Advisor business online.
Sales Strategy
How are you going to generate sales for your Financial Advisor business in the first place and how are you going to grow 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 budding customers and know the answers to likely questions they will ask you. How are you going to foster an association with your customers to get prospective 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 Financial Advisor business proposal to assist you.
Management Summary
Management Team
Who are the major protagonists in your business?
Financial Advisor Organizational Structure
What is the hierarchy of your business - who is in charge of each division within your organization?
Personnel Plan
This should be a roll of everybody 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 prone to change in the future or not.
Financial Advisor Financial Plan
Will you contribute all your own funding or will it be a mixture of your wealth, bank loans, or angel investors? Do you need help in writing your financial plan?
Financial Advisor Break Even Analysis
How long will it take to get your investments back in terms of capital outlay through sales of your products and services. You ought to represent this in a graphical format. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Financial Advisor Profit and Loss
You can represent this usually 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.
Financial Advisor Cash Flow
You should have tables and charts to exhibit your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to consist of all your central information 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 should only be given to probable investors.
Exit Strategy
How exactly are you going to sell your Financial Advisor Business?
Financial Advisor Business Plan Page 1 | Financial Advisor Business Plan Page 2
Useful Financial Advisor Resources
Financial Advisor Marketing Plan | Financial Advisor Equipment | Financial Advisor Online
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