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Strategy and Implementation Summary
What is your common strategy to make your business a winner and how will you accomplish this?
Fireplace Store Marketing Strategy
What are the genuine methods you are going to use in order to promote your Fireplace Store business to your existing and possible customers. You can furthermore add the outlay involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can target your patrons better. For instance if you are using Pay Per Click as a way to go for Fireplace Store customers you may perhaps use long tail keyword search phrases considerably than succinct generic words. This should condense your Pay Per Click outlay as well as laser targeting your patrons; though it will of course take longer to set up. Read more about marketing strategy.
Fireplace Store 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 implement to get the sound out as regards your services and products to your would-be 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 above your competition that you can exploit to your benefit? Are you able to keep your outlay lower than your rivalry so that you are at all times the cheapest? Do you have a superior position? Are you the pioneer or the only one to supply a product or service? Are you capable of staying in front of the opposition and if so what enables you to do this? Do you have a good make, 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 scenarios it is going to be something in-between these two, and you need to think long and hard where your company is going to position itself. You can pay a visit to this website and get more information with reference to putting your Fireplace Store business online.
Sales Strategy
How are you going to acquire sales for your Fireplace Store business in the first place and how are you going to grow or maintain sales as time goes on? How much is each sale going to cost you? Make certain you know what questions to ask of your likely customers and know the answers to likely questions they will ask you. How are you going to put together a bond with your clients 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 Fireplace Store business proposal to assist you.
Management Summary
Management Team
Who are the foremost protagonists in your business?
Fireplace Store Organizational Structure
What is the structure of your company - who is in charge of every department within your organization?
Personnel Plan
This ought to be a register of every person in your company, how much they get 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 liable to change in the future or not.
Fireplace Store Financial Plan
Will you supply all your own funding or will it be a blend of your riches, bank loans, or angel investors? Do you need help in writing your financial plan?
Fireplace Store Break Even Analysis
How long will it take to get your capital investment back through 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.
Fireplace Store Profit and Loss
You can embody 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 base. You can obtain a free profit and loss spreadsheet to assist you.
Fireplace Store Cash Flow
You ought to have tables and charts to show your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This ought to add in all your vital 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 should only be given to probable investors.
Exit Strategy
How exactly are you going to sell your Fireplace Store Business?
Fireplace Store Business Plan Page 1 | Fireplace Store Business Plan Page 2
Useful Fireplace Store Resources
Fireplace Store Marketing Plan | Fireplace Store Equipment | Fireplace Store Online
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